When executive management looks to improve a company’s innovation capability, their gaze typically settles on the group of technical folks; engineers, scientists and/or programmers collectively called something like R&D, Development or Engineering. I suppose this is a reasonable place to start, but true improvement needs to extend beyond the technical team as can be seen […]
Executing on Innovation within the Matrix
In an earlier blog post, Cory Hixson referenced an interesting book on executing innovation entitled Beyond the Idea, which discusses different types of innovation projects within larger organizations. While the book provides a good macro perspective on how innovation works in a larger company, implementation of an innovation effort of any reasonable size within a matrixed […]
Does It Deserve to Be Called Innovation? Does It Really Matter?
Innovation means different things to different people. The definitions range from simply a new idea or invention to bringing that idea to life in a market or even restricting the definition to include only those things that achieve significant change in the world. We often think of innovations as things we couldn’t have imagined before […]
Models of Executing Innovation via Govindarajan and Trimble
If you’re like me (or any of the IOI Partners members), you read a lot. You expose yourself to a wide range of thinking and attempt to synthesize that vast amount of information into a refined sense of meaning. However, every once in a while, an idea is presented that stands well on its own. […]
Focusing on Features to Achieve Product-Market Fit
Achieving ‘product-market fit’ – the alignment of the features of the product or service with the demands of a target market – is a priority for all organizations. New development efforts often pack a large number of features into the offering, increasing cost and complexity while all of the features may not provide benefit or […]
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