ABSTRACT: Most companies are not getting the anticipated benefits from their innovation programs. A closer look at many programs reveals that they fail for specific reasons:* Starting with a blank sheet of paper: not building new perspectives about the customer, industry, and themselves* Thinking about products only: not addressing the entire business model* Believing they got it right the first time: not applying an iterative experiment/learn/fix/apply approach to evolve the business/product concept
ABSTRACT: How many of you have launched an electronic suggestion box with great expectations of innovative ideas to transform the business? And how many of those expectations were realized? Actually, a well-designed electronic suggestion box is only part of the solution. To solicit and receive good ideas and to make those ideas into reality requires a system that goes beyond the suggestion box.
SUBJECTS COVERED: Innovation pipeline, Innovation process and tools.
ABSTRACT: After investing heavily in developing and revealing a new strategy, most organizations, a few years later, discover that they haven't revolutionized the industry or become a global leader in xyz as predicted by their strategies. Why? A key cause for missing strategy goals is that leaders don't invest the same amount of time, energy, resources, passion and urgency in managing the implementation of the strategy as they do in setting the strategy. They also don't realize that managing strategy execution requires well orchestrated management processes - letting existing business processes run the course won't drive the transformation required. So, in order for companies and business units to reach the audacious ambitions stated in their strategies, they first need to rethink their approach to implement their strategies.
SUBJECTS COVERED: Strategy development process, Strategy implementation process, Management innovation
ABSTRACT: Innovation is more than technology inventions; instead, it's about combining a distinctive and creative business WITH with the useful enabling technologies. Then, you'll have a real shot at delivering new benefits to your customers!
ABSTRACT: Imagine Apple without Steve Jobs. One can't help but ask: Can companies achieve breakthrough innovation without a visionary CEO? Can innovation be embedded into the DNA of an organization, such that it repeatedly brings to market game-changing products and services? Our review of today's most innovative companies reveals that a systematic approach to innovation can be as effective for driving growth as a visionary CEO, and perhaps even more sustainable over the long run.
