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Topics: Future, Future Pull, Future Trends, Innovation Strategy, breakthrough innovation, leadership
Topics: Amanda Hines, critical ideation skills, creative thinking, breakthrough innovation, creative problem solving skills, creative thinking skills, developmental thinking
This past week I got sucked into what I thought was a pretty weak online debate. The question posed was, "Is Incremental innovation the enemy of Breakthrough Innovation?"
Topics: Mark Sebell, Innovation, innovation consulting, breakthrough innovation, Championed Teamwork, leadership, strategic innovation, strategy, growth, Strategic Goals, criteria for innovation, decision-making, breakthrough, new product development, Essentials for Innovation, Risk, Management
Topics: Jay Terwilliger, culture, Creating an Innovation Team, Collaboration, 9 Critical Success Factors, breakthrough innovation
We are often asked if the best way to structure for innovation is top-down or bottom-up? The answer is both if you are going to succeed in the long run.
Topics: Mark Sebell, Stage Gate, structuring for innovation, game-changing, Innovation, breakthrough innovation, strategy, growth, decision-making, Incremental Innovation
The other day I was having a conversation with the Division President of a large company about innovation. I mentioned to him that in our 30 years in the innovation space, we have noticed that innovation initiatives tend to have a 3-5 year life. The pursuit of breakthrough innovation – “Big Bet” innovation that expands the opportunity for significant growth through expanding markets or creating new ones, takes time. The unfortunate result of changes in Corporate Will is that too often, just when investments begin to pay off with new platforms, new technologies, etc., the efforts are often abandoned.
Read MoreTopics: Innovative Culture, Communication, executive sponsor, Alignment, Success Factors, breakthrough innovation, leadership, strategy, Strategic Goals, decision-making, breakthrough, Transformational Innovation, changing the game, innovation decision-making
There are three ascending tiers of innovation that you can pursue. The level you choose will dictate the simplicity or complexity of the journey you will undertake. Unfortunately, far too many companies expect to achieve the highest levels of innovation while only providing the strategy, tools, and support for lower-level success, at best. The three levels are:
Topics: breakthrough innovation, Incremental Innovation, Transformational Innovation, innovation portfolio
