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 […]
Obviously, a new service is not the same as a new product. Yet, explaining the difference between a product and a service is not always that straightforward. Does McDonald deliver services? Is AmazonWebServices a service organization? Nowadays, the distinction between services and products becomes more and more blurred. However, that does not make that service […]
Recently, Jim – not the real name of one of my mentees – asked, “Why can we not just outsource all the development to a tech company and have them develop our platform. I don’t want to have to bother with all those nuts and bolts. I read online though, that you cannot outsource innovation. […]
Uncertain projects are notoriously difficult to manage. Ambiguous projects are deemed impossible to plan. Early stage innovation projects are uncertain and full of ambiguity. So how do you plan and manage that in your innovation project?
When I was doing value engineering workshops and other idea generation exercises for the projects of Fluor Daniel in the Netherlands, I felt like a kid in a candy store. I am sure it feels the same way for many innovation managers, till reality hits. While there are plenty of opportunities, you have no budget, […]
The world is full of opportunities, especially nowadays. Your talented and ambitious employees know that. When they approach you with one of their ideas, how do you know they are on to something or chasing just another shiny object?