Should you invest your innovation budget in the front-runners or laggards in your organization? Should these investments go to employees and business units that are thriving or the ones that are struggling and need help? The answer is, you need to invest in both. However, for different reasons and using different selection criteria.
You need speed when innovating. Nothing is as deadly for an innovation project as just inching forward each week, as that kills momentum, enthusiasm, and thereby the likelihood of success. How do you keep speed in your innovation project, especially if you are executing it part-time? Below 5 tips to keep your innovation project running […]
What are the most important phases, activities, deliverables, and decision points in the innovation process for new services? This workflow gives you the overview. Below, I also address common failure points in this workflow and the associated problems, consequences, and solutions so you can avoid them.
What is the innovation outlook for 2020? I expect it to be bringing discipline to the innovation process. I foresee that organizations will take a serious look at their strategic plans, technology wishlists, and budgets, and realize that they need more discipline in their innovation process to obtain the desired results and to reduce the […]
Should we centralize or decentralize our innovation efforts? When the innovation process is up and running but without great successes, this question tends to come up. So, what is better? The answer depends on what you are trying to achieve with this change. In general, for professional service organizations, decentralized innovation efforts combined with centralized […]
Innovation is a process. Like it or not, you won’t get results overnight. It can take months or years to bring an idea to practice, depending on its complexity. In this blog post, I will explain why the innovation process cannot be seen separately from its context, the roles to play, the methods available, the […]