BLOG ON INNOVATION AND TRANSFORMATION
Tools and strategies to innovate, solve complex issues, and transform businesses
- Innovation
- Business Transformation
- The Invincible Company
- innovation ecosystem
- Business Model
- Growth
- innovation management
- Explore portfolio
- Leadership
- Book
- Change
- Strategy
- Employee Engagement
- Culture
- transformative
- Value Proposition Design
- Strategic Guidance
- Experimentation
- Executive
- Portfolio Management
- innovation
- Purpose
- efficiency
- Product Development
- Portfolio Map
- writing
- sustaining
- Customer
- Sustainability
- Workplace
- Design Thinking
- Value Proposition Canvas
- Case study
- Corporate
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- Innovation metrics
- Question
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- Tools
- Business Design
- Hypothesis
- Organisational design
- Execution metrics
- bias
- Culture Map
- Strategy canvas
- Failure
- Testing
- Facilitation
- crisis
- Empiricism
- Discovery
- ROI
- Hackathon
- Operating Model
- Vision
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- Investment
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- Innovation sprint
- Coaching
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- Digital
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- incentives
- Shift patterns
- Workshop
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- Thinkers50
- Talent
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- Value Creation
- Blue ocean strategy
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- Humane
- Scaling
- Corporate Rebels
- strategy
- Career
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- Startup
Interview on Innovation Ecosystems
In this interview I answer all the questions from my fellow Strategyzer Advisor Christian Doll on innovation ecosystems, a critical topic to build long-term resilience in large organisations.
An Example from the Pharma Industry on How To Build a Thriving Innovation Ecosystem
It takes time and investment to create a sustainable innovation ecosystem, and it requires many decisions along the way.
In this post I show how a Pharma company I’m working with is balancing their short-term and long-term objectives as they navigate their way to building a thriving innovation ecosystem.
The 3 Elements of an Innovation Ecosystem
Developing an innovation capability within a large organization is a daunting prospect. It’s become clear in the last few years that it requires a more systemic approach.
In this post I explain the three core elements required to build an innovation ecosystem: explore portfolio + innovation programs + exploration culture.
Align your Innovation Ecosystem Stakeholders with Clear Explore Guidance
Letting the wrong projects into the Explore portfolio can be a very costly mistake for corporate innovation leaders.
In this article I show how leaders can align the various stakeholders of their innovation ecosystem and bring clarity on their priorities and the boundaries of their exploration with explicit Explore Guidance.
Innovation Inception: three ideas that unlock innovation in the minds of leaders
In this post I highlight the three fundamental ideas that leaders need to make their own to unleash the transformative innovation potential of their organisations:
1. Exploration is fundamentally different from exploitation,
2. There are different types of innovation: efficiency, sustaining and transformative,
3. To achieve more transformative innovation, you need to bring more volume into your innovation portfolio.
How to take The Guesswork Out of Innovation
In innovation and exploration, it is crucial to measure whether you are reducing the risk and uncertainty of new business ideas before you invest big and scale. In this blogpost I introduce the 4 innovation metrics you need to track on very innovation project to take the guesswork out of innovation. RISK, POTENTIAL, TIME and COST.
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.