If lawyers or legal professionals don’t understand why a new technology is beneficial or how it is aligned with their organization’s strategic goals, what will drive them to adopt it? This is the problem PhD in Innovation Floor Blindenbach examines in her most recent column for Legaltech Hub titled, “Adoption Challenges, Blame the Business Case! Seriously.” Carving […]
Does your law firm possess the metrics and processes to track its legal tech investments and returns? When your firm is flourishing, you may get away with not tracking this information. However, in challenging times, you must be able to rely on your innovation capabilities. This becomes impossible when the automatic response in times of […]
P.S. This VIPC grant is helping us to further develop our Steering Wheel platform that provides structure, guidance, and metrics to the innovation process, so employees can drive their projects and management can identify the most promising opportunities.
Exploring new ideas and concepts is a crucial part of the innovation process, but the question arises: is improvisation or structure the better approach? While improvisation may seem like the more creative approach, the facts and anecdotes suggest otherwise. The Product Development and Management Association (PDMA) has consistently demonstrated that companies with more structured approaches […]
In the previous parts of this blog series, I addressed that high engagement of the innovation team is key to successful outcomes. I also explained that telling teams what to do works counterproductive. Instead of engaging, it makes a team more likely that teams go stealth – wanting to do their own thing. The best […]
In Part 1 of this blog series, I explained that high engagement is key to successful innovation outcomes. Part 2 addressed why telling teams what to do works counterproductive. It may even repel some innovators, who then will go stealth so they can keep doing their own thing. The way to circumvent that, is to […]
In part 1, see below, I discussed the importance of getting each innovation team to a successful outcome. Getting from a 20% to an 80% success rate is very doable, even when your organization does not have much of a culture for innovation. Keeping teams focused and organized is the trick. What could happen if […]
Innovation and operations blend like oil and water, according to management theory. In practice, we have seen that close collaboration between innovation and operations is a must to bring any idea to practice successfully. As husband and wife, we are on the opposing end of the spectrum. As more than 25 years of marriage can […]
From our research and experience, we know that too many innovation and improvement initiatives fizzle out because the team is unfocused and disorganized. Fewer than 20% of such projects deliver results! By enabling innovation, digital transformation, new business development, and improvement teams to stay focused and organized, teams on the Steering Wheel platform move 3x […]
Are you looking for ways to create forward-looking leaders and boost the innovation culture in your organization? Take the 5-minute QUIZ to find out the Innovation Process Type of your organization, because creating a culture for innovation and forward-thinking leaders starts with knowing what approach to innovation your organization is using. Knowing the Innovation Process […]
Innovation and operations blend like oil and water, according to management theory. In practice, we have seen that close collaboration between innovation and operations is a must to bring any idea to practice successfully. As husband and wife, we are on the opposing end of the spectrum. As more than 25 years of marriage can […]
While the innovation budget is a relatively insignificant line item in the budget of most organizations, it typically receives a lot of scrutiny. If you want to save yourselves a lot of budgeting hassle, we recommend you use the approach outlined below to determine the innovation budget needed for the upcoming year. Getting your innovation […]