722 Posts Found

Co-created by 470 “Business Model Canvas” practitioners from 45 countries, the book features a beautiful, highly visual, 4-color design that takes powerful strategic ideas and tools, and makes them easy to implement in your organization. It explains the most common Business Model patterns, based on concepts from leading business thinkers, and helps you reinterpret them for your own context. You will learn how to systematically … [ Read more ]

Content: Book | Authors: Alexander Osterwalder, Yves Pigneur | Subjects: Innovation, Strategy

Recently, I’ve been speaking to an increasing number of companies thinking about creating or redefining their innovation strategy. For those discussions, I outlined the following strategies in escalating order of three dimensions:
– level of resource commitment
– visibility & access to new technology
– potential for impact (whether development of transformative technology, new revenue streams or financial investment returns)

Content: Article | Author: Julian Counihan | Source: Medium | Subject: Innovation

In a disruptive age, established business models are under attack. Here’s how incumbent companies can reframe them.

Content: Article | Authors: Marc de Jong, Menno van Dijk | Source: McKinsey Quarterly | Subjects: Innovation, Management, Strategy

“Too often, companies invest in the trappings of innovation — boot camps, workshops, the occasional visit to Silicon Valley, skunkworks — instead of the actual work of innovation. In this readable, practical book, Anthony draws on years of consulting experience to explain how to make innovation actually happen. Chockablock full of real stories of successes and failures, red flags and remedies, the book is a … [ Read more ]

Content: Book | Author: Scott D. Anthony | Subject: Innovation

An all-in-one, one-for-all formula to determine R&D’s productivity can help companies see how well the function is performing.

Content: Article | Authors: Eric Hannon, Florian Weig, Sander Smits | Source: McKinsey Quarterly | Subjects: Innovation, Management

The operationally-driven leader may excel at trekking a marked path but does not wield a machete to create a new one.

Content: Quotation | Author: Mark Leslie | Subjects: Innovation, Management, Strategy

Strategic and organizational factors are what separate successful big-company innovators from the rest of the field.

Content: Article | Authors: Erik Roth, Marc de Jong, Nathan Marston | Source: McKinsey Quarterly | Subject: Innovation

I often think of reading not as the acquisition of static knowledge but as the active springboard for thinking and dynamic contemplation — hence the combinatorial, LEGO-like nature of creativity, wherein we assemble building blocks of existing knowledge into new formations of understanding that we consider our original ideas.

Content: Quotation | Author: Maria Popova | Source: Brain Pickings | Subjects: Creativity, Innovation, Knowledge

Hackers and hipsters may be behind the innovative success of today’s startups, but established companies require a different skillset.

Content: Article | Authors: Ken Gray, Nathan Furr | Source: INSEAD Knowledge | Subjects: Innovation, Strategy | Company: Caterpillar Inc.

A new book by Wharton management professor Adam Grant challenges our assumptions about what it takes to generate and champion original ideas in ourselves and others. In Originals: How Non-Conformists Move the World, Grant reveals what we can learn from entrepreneurs and other trailblazers to help us think differently and to make our voices heard.

Content: Multimedia Content | Author: Adam Grant | Source: Knowledge@Wharton | Subjects: Innovation, Personal Development

A new book about the Cleveland Clinic distills what it has learned from pioneering several medical innovations, including the first hospital-based kidney dialysis unit in the 1950s, the first coronary bypass surgery in the 1960s, the first successful larynx transplant in the 1990s, and the first near-total face transplant in 2008, among others. Innovation the Cleveland Clinic Way, by Thomas J. Graham, MD, shares its … [ Read more ]

Content: Article | Author: Thomas J. Graham | Source: Knowledge@Wharton | Subject: Innovation

Flexible, adaptive supply chain management is an overlooked but vital component of a company’s overall innovation strategy.

Content: Article | Author: Matt Palmquist | Source: strategy+business | Subjects: Innovation, Operations

There are two main factors that make meaningful investment in innovation harder to manage than other corporate activities. First, innovation is fraught with uncertainties. It deals with the future, requiring assumptions about future market needs, market trends, dominating technologies, and many other factors. The outcomes of innovation projects are, therefore, highly uncertain. …

Second, there is a tension between the short term and the long term. … [ Read more ]

Content: Quotation | Authors: Alexander Börsch, Nicolai Andersen | Source: Deloitte Review | Subject: Innovation

Innovation projects have varying levels of risk and potential returns. They can be radical (with high risk and return potential) or incremental (with low risk and return potential) as well as several degrees in between. A conscious effort to classify innovation projects according to their risk/return profile and manage the resulting portfolio according to pre-defined goals shifts the focus away from individual projects in favor … [ Read more ]

Content: Quotation | Authors: Alexander Börsch, Nicolai Andersen | Source: Deloitte Review | Subject: Innovation

After a long and successful run, the theory of disruptive innovation has come under attack of late. Disruptive innovation is a parsimonious theory that explains many business failures. But not all. And that is the critical insight getting lost in the cross-fire between the theory’s disciples and its critics.

Content: Article | Author: Donald Sull | Source: Harvard Business Review | Subject: Innovation

Everyone’s pushing hard for innovation in science, technology, logistics and business planning but how do you know you’re getting the best return on your investment?

Content: Article | Authors: Elif Bascavusoglu-Moreau, Sami Mahroum | Source: INSEAD Knowledge | Subject: Innovation

Early adopters get most of the attention from analysts and marketers, but focusing on consumers who are resistant to innovations is another way to bring new products to market.

Content: Article | Author: Matt Palmquist | Source: strategy+business | Subjects: Customer Related, Innovation, Market Research, Marketing / Sales

The foundation for innovation consists of two things: Imagination and creativity. Imagination gives you the freedom to consider alternative views. Creativity is about applying imagination to existing systems—to challenge what we take for granted. It’s the process of figuring out if your imagined, original ideas have value.

Content: Quotation | Authors: Ann Handley, Ken Robinson, Ph.D. | Source: MarketingProfs | Subjects: Creativity, Innovation

While there has been a rapid growth in experiments, especially within tech companies, we’ve seen too many run incorrectly. Even when they’re set up properly, avoidable mistakes often happen during implementation. As a result, many organizations fail to receive the real benefits of the scientific method. This article lays out seven steps to ensure that your experiment delivers.

Content: Article | Author: Oliver Hauser | Source: Harvard Business Review | Subjects: Innovation, Miscellaneous

The experience of … entrepreneurs reflects an unfortunate reality: companies are set up to perform. They are not set up to produce. If they were more capable at producing, they would not have to worry about combating disruption from outside. They would already be skilled at redesigning, disrupting, and innovating from within.

Content: Quotation | Authors: John Sviokla, Mitch Cohen | Source: strategy+business | Subjects: Entrepreneurship, Innovation, Organizational Behavior