To be sure your innovation is systematic and scalable, an innovation assessment and benchmark will address, next to standard metrics, many questions like Can design-wins, successful market intros and inventions be repeated? Are they based on a systematic approach? Are you a top or bottom-liner? How to fix the bottom line to grow the top line? Is your innovation system…
You know the market and your competition. But don’t you want to know your strength compared to the innovative strength of your competition? All innovation systems share the same roots and principles, so standardised benchmarking is possible… More than 6000 organisations have done it. You will get answers such as Can you express your innovation strategy? Does your company innovate…
There are well known innovation strategy and leadership archetypes beyond incremental innovation (also known as spiral staircase): Experimenters who put available ingredients into a lab reactor or cauldron to see what happens Builders and growers on fertile fields of adjacent businesses Hunters of outside innovations, trying to catch up eating others (“pacman style”) Explorers, going the extra mile and risk…
Innovation methods need to be balanced and timed
A sweet spot of innovation has been found and balance is achieved when a new product has proven feasible, its business model is viable and customers feel a desire to get it and use it. Thus answering the questions what, how and why?
Differentiation and competitive advantage is added when all of your competitors cannot target the same spot, or, have solutions ready.
But how can we achieve this? (more…)
Digital idea collections
Documentation of innovation projects, experiments, field studies, workshop results and more pile up quickly.
While their creation is mostly an analog process, collection and selection must be structured and digital as soon as ideas and insights are generated. (more…)