|
|
Innovation General
 |
|
|
|
|
|
A New Economy Leads to Knowledge Channel Innovation
Opening up the innovation process can bring powerful results by expanding the scope of available concepts and options. "Insiders" are powerful innovators too, understanding opportunities from the perspective of those who create products and services.
Ambidextrous Innovation
Tactical innovation takes place within strategic innovation. Strategic innovation causes tactical innovation to be renewed continually. This system adds continuous innovation to that of continuous improvement within an ambidextrous organization.
Analogies Are the Way of Breakthrough Innovation
Innovation experts as a whole seem to be missing the power of TRIZ or have overlooked it, perhaps because it remains a method primarily used by the technical community. Yet the alignment is clear: a system of analogies rules the efficacy of innovation.
Assess Personal Innovation Levels
When people to learn anything new, they turn to the experts. To learn about innovation, one must learn from the best innovators. The processes of inventors Albert Einstein and Thomas Edison to produce knowledge solutions can be used as benchmarks.
Begin a Systematic Innovation Practice - Step One
Innovation is on almost every CEO’s agenda. The first step in pursuing innovation is to understand what type of innovation a company needs and how many resources a company should commit to developing a systematic innovation practice.
Begin a Systematic Innovation Practice: Step Three
With an understanding of the types of, and strategic planning aspects of, innovation, the next step for a company’s leadership is committing to innovation for its value proposition.
Hybridization - Innovation Should Be Integrated
Innovation competencies should not be practiced as stand-alone methodologies. Just as incremental learning needs to be integrated with a prior knowledge base, innovation competencies need to be integrated with other competencies in an organization.
Innovation Evaluation Framework: Use Community
Evaluating an innovation by community can reduce switching barriers for consumers in at least two regards: 1) a community demonstrates that other people have made the change successfully and 2) a community becomes an advocate for the innovation.
Innovation Evaluation Framework: Use Completeness
Many innovations are technical capabilities looking for a problem to solve, rather than a complete solution. This problem is true whether the innovations are products, services or business models.
Innovation Evaluation Framework: Use Convenience
For an innovation to succeed, it must offer more convenience than the existing solution. Whether the target consumer or customer is a homemaker or an executive, innovations that improve convenience over existing solutions will attract attention.
Innovation: Complexity, Contradictions and Costs
The right product delivered at the right time with the right margin – the business excellence triad. You must learn to balance innovation complexity, contradictions and costs to achieve the triad.
Make Better Design Decisions With VOC
Companies that have advanced their voice of the customer (VOC) methods to the next level have a lot of cycles with customers throughout design phases, incorporating detailed customer preference information in analysis of trade-off decisions.
Real Innovation
Forget what you thought you knew about innovation. Real Innovation is systematic, predictable and repeatable. Real Innovation can be analyzed and measured. Real Innovation is created within structures and systems that enable innovation.
Six Sigma and Business Innovation: Process or Passion?
What is the relationship between Six Sigma and innovation? Are the two complementary or do they work in opposite directions? Actually, they are both complementary and opposite.
The Competitive Excellence Imperative
Expertise must be coordinated in order to assure anything close to victory. You have to correctly identify the need, get the best idea, have the right execution AND the timing needs to be right. That's Competitive Excellence.
The Importance of Innovation Timing: The Fickle Consumer
Knowing when to launch a new product or service is difficult. The challenge is particularly great when the innovations directly interact with consumers. Critical information can be obtained by studying the voice of the consumer and market demand.
Three Phases of a Comprehensive Innovation Strategy
A verbal commitment to creating innovative products is often senior leadership’s response to a company’s poor financial performance. A commitment to the intentional creation of new products needs to be comprehensive by a company and its management.
Submit a Link for Publication Here
Have a favorite article or a website that you would like to share with the RealInnovation community? Share it here and help others understand this topic in greater detail. Or, learn more about writing and submitting an article to be published here.
|
|
|
