BLOG ON INNOVATION AND TRANSFORMATION
Tools and strategies to innovate, solve complex issues, and transform businesses
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How to keep momentum after a Hack day?
"How to keep momentum after a Hack day?" she asked me. This post summarises my answer to the CIO of an ASX 100 manufacturing company.
To keep momentum after a hack day you need to:
1. Be clear on your purpose.
2. Assess your innovation readiness.
3. Identify the two improvement areas with highest leverage.
4. Act on them!
How to help Agile teams create products customers want?
There is a lot of hype around Agile that often creates unrealistic expectations. In this blogpost I explain why implementing an Agile framework is not the panacea for the challenges innovation teams face.
But if innovation teams apply Agile principles as they go through the Strategyzer business design and testing process, then they will maximise their chances to actually build products customers want.
How to manage an innovation funnel? (part 2)
The CDO of an ASX100 consumer goods company asked me how to manage an innovation portfolio.
In this second post I highlight key principles for managing an innovation portfolio that leaders should be aware of:
Use metered funding.
Make portfolio decisions based on strategic fit, opportunity and evidence.
Empower intrapreneurs to go through discovery, validation and acceleration of new business ideas.
How to manage an innovation funnel? (part 1)
The Chief Digital Officer (CDO) of an ASX100 consumer goods company asked me how to manage an innovation portfolio.
In this post I highlight the key specificities of managing an innovation portfolio that leaders should be aware of:
Manage ideas with high uncertainty with a portfolio approach.
Play the volume game: make lots of small investments at the beginning!
Be ready to kill the vast majority of ideas, initiatives, projects on your portfolio.