Innovation

Featured

Tom Peters’ Innovation 24

Here are Tom Peter’s Innovation 24. 24 ideas on how to be innovative.  XFX/Cross-functional excellence: physical, lunch, project structure, transparency, “emergent leadership,” “facebook,” etc Prototype mania: “action bias,” “serious play,” “most tries wins,” “execution is strategy” Portfolio management: Score every project Celebrate failures: “most mistakes wins,” “Fail. Forward. Fast.”, mining pissed off customers Decentralization: “attitude,” budgetary control/30% to 80%, accountability, “spontaneous discovery process” Centralization: once in [...]

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Ideas & Thinking

A Framework for Innovation

Although managers might know that innovation is the only way to attain competitive advantage, they seldom know where to begin. Innovation is still a black box. Leaders don’t know where to start, how to build the necessary capabilities or even what they want to reach. The common definition of innovation being implemented ideas customers are [...]

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Work & Cases

Driving innovation through a series of workshops

I recently ran a series of innovation workshops at a major German IT company. The goals were to (1) raise the knowledge of innovation and innovation tools, while (2) at the same time developing ideas for innovations. The project consisted of 3 major steps: First senior management defined areas within which the organization should innovate. [...]

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Ideas & Thinking

Be Bold. Be Brave. Be Innovative.

I saw a presentation by Shaun Smith at the London Business Forum on his new book to be published towards the end of the year today. Smith argues that a major shift is happening in business and society currently and that organizations need to become bolder, braver and more innovative to remain relevant. One can’t [...]

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Ideas & Thinking

Driving Innovation: How to get started?

Some random thoughts: Put innovation (define the type of innovation you’re looking for) on the agenda Take and allow time for creativity and slack Encourage people to pursue ideas Make innovation a central topic of your training and development programs Allow for small scale experimentation. “Just do it.” Set aside resources for these experiments. Create [...]

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Ideas & Thinking

Organizing for Innovation

Looking at the literature on the role of top management in innovation, one often comes across the instruction to create an organizational context enabling and driving innovation. But what does such a context look like? I went through about 100 articles and studies and summarized my findings…here they are. First of all we have to [...]

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Ideas & Thinking

What specific capabilities are critical to innovation success?

A list of capabilities critical to innovation success.

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Process & Tools

The Innovation Map: A framework for defining innovation outcomes.

What are the objectives of your innovation efforts? When talking to executives about innovation or innovation initiatives I very often experience that the objectives are not clear. To focus the discussion and make objectives clearer, I developed an innovation map featuring 4 prototypical innovation types. Using the map not only helps to focus the discussion, [...]

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Ideas & Thinking

Are you driving innovation to the core?

Here’s a self assessment from “Innovation to the Core” by Peter Skarzynski and Rowan Gibson. Do you have a core set of people, distributed throughout the business, trained in the tools, processes and protocols of business concept innovation? Have you built a systematic process for continually generating and managing novel strategic insights, and for sharing [...]

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Ideas & Thinking

Reinventing Management

Last week I wrote that “management innovation” is about reinventing your management model. So what exactly is a management model? The management model defines what managers do and how they do it. So what do mangers do? Peter Drucker once said management is “Getting things done through other people”. This entails 3 elements: (1) things, [...]

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