Read more about the article From product innovation to innovation systems…
Source: Bosch Rexroth, Industry 4.0

From product innovation to innovation systems…

From product innovation to innovation systems... ...and the role of software We frequently encounter organizations transforming their innovation systems and organization “on-the-go”. In recent projects we had the situation that traditional, well-doing companies have forgotten how to innovate. Some of these firms date back more than a 100 years and have seen significant phases of growth, all associated with innovations…

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ISO 56002: Innovation Management System Guidance

The committee on Innovation Management, ISO/TC 279, has been working on a convergent view of how innovation management systems are structured. The result is the "ISO 56002:2019 Innovation Management System — Guidance". This guide acknowledges the importance of a structured system for innovation in any organisation that needs to adapt, respond and change to its market environment pursue new opportunities…

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Innovation Metrics

Innovation metrics

Innovation metrics and indicators are often difficult to find and apply. Not many leaders are able to show current dashboards with 3-5 simple KPIs.

Looking at past research there is no shortage of metrics though. In a recent survey over 200 metrics and indicators were mentioned in more than 400 instances of literature. The can be classified by the

  • process phase: comparing input, throughput and output metrics, often called leading or lagging indicators
  • area of measurement: related to product development, strategy, organisation etc.
  • expression in qualitative or quantitative terms.

(more…)

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Read more about the article Idea Management Software: Successful Implementation
digital idea management, abstract stickies, art

Idea Management Software: Successful Implementation

How to Successfully Implement Collaborative Idea Management

In this article we will recapitulate the thinking of two previous Medium posts about why we need idea management software and how we should approach the selection of an idea management system. (more…)

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Read more about the article The survival rate of firms
The average length of stay in years of companies in S&P500 (rolling 7 years, forecast 2018-2030).

The survival rate of firms

Did you know that the survival rate of firms is falling sharply? On the one hand, this is due to specific and often disruptive technologies that are not adopted by incumbents, and on the other hand, statistics also show that the number of start-ups in these areas is on the rise. "Disruption" usually comes from small and agile companies, which…

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How can the growth gap be filled?

Aspiration and capability The growth gap describes the difference in extrapolated business performance and the business planning, for example, in 5 years. To close the gap requires an innovation portfolio with innovation projects that ensure growth. Such a portfolio ensures the inflow of new "H2 projects," which arise from incremental improvement innovations as well as disruptive technologies from the field…

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