the hype innovation blog

On superbosses, mentoring and other prerequisites for innovation

Posted by Oana-Maria Pop on Oct 14, 2016 11:57:10 AM

“The delicate balance of mentoring someone is not creating them in your own image, but giving them the opportunity to create themselves” I didn’t say that, Steven Spielberg did. And I could not agree more.

The benefits of professional (formal) and non-professional (informal) mentoring for innovation are obvious and we see great examples all over the world. In Budapest, for instance, an organization called Design Terminal is coaching entrepreneurs to create brilliant solutions such as fire hydrants that double as drinking fountains, foldable furniture and software for automated video recruiting. Similarly, the World Bank’s infoDev initiative supports inclusive growth by helping innovative technology ventures reach maturity. Senegalese jams, growing crops without soil or the mpayer were all by-products of powerful mentoring relationships in this context.

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Topics: The Innovation Manager

Why mapping the customer journey is the top driver for digital transformation

Posted by Paul Hobcraft on Oct 12, 2016 12:41:28 PM

Organizations are struggling to understand the behaviours of the ‘connected’ customer. Partly it seems executives don’t engage with their brand or business in the way that their customers do. The lack of having a well mapped out customer journey means missing out on opportunities caused by not knowing this, restricts the developing of innovation solutions that map back to all the decision-making that is going on in the customers’ minds. This failure to optimize and innovate might be holding your business back.

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Topics: Customer Insights, Customer Journey Mapping

Creating Meaningful Organizations - Learnings from the 2016 Academy of Management Meeting

Posted by Oana-Maria Pop on Sep 28, 2016 9:37:29 PM

Making organizations meaningful. Noble pursuit and this year’s theme at the Academy of Management’s 76th Annual Meeting (AOM) where close to 10,000 students, scholars, and professionals in the management and organization space gathered to discuss companies’ raison d’être.

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Topics: The Innovation Manager

How Crowdsourcing Evolves: The Four Stages to Transformation

Posted by Tim Woods on Sep 28, 2016 5:01:36 PM

The innovation management industry is highly fragmented today, which makes it confusing to understand which methods apply to which scenarios, and what the difference is between those doing crowdsourcing, and those doing enterprise programs designed to facilitate business transformation.

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Topics: Crowdsourcing, Frameworks

Creating the Physical Space for Innovation

Posted by John Bessant on Sep 7, 2016 5:00:00 AM

Building spaces for innovation is a hot topic these days. Whether you call them innovation hubs, maker-spaces, fab-labs, accelerators or hotspots you can hardly turn a street corner or a magazine page before you bump into another example. The names may vary but the underlying idea is the same – a place where people can meet to get inspired and supported by each other, to articulate and co-create. An environment in which ideas can be explored and played with.

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Topics: Innovation Culture

Balancing Exploitation & Exploration for Changing Performance

Posted by Paul Hobcraft on Aug 31, 2016 1:09:10 PM

“Being ambidextrous” in organisations is the ability to successfully combine the exploiting of all the investments that have been made to date, to constantly build on these achievements by exploring new areas and opportunities. This calls for dual thinking and organisational design to optimise the two orientations.

We are striving to maximise the existing utility, usually through continuous improvements, exploiting incremental advancement, combining this with the need of exploring beyond the existing core competencies, adding in new knowledge, capabilities and competencies for new possibilities, preparing the organisation to discover and shape the new market, products and services.

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Topics: Innovation Strategy

The Single Most Important KPI for Building Innovation Muscle

Posted by Tim Woods on Aug 29, 2016 6:00:00 AM

The best literature on innovation all points to the same thing: innovation is highly uncertain, and therefore the best approach is to experiment and prototype, iterating until you find the right product/market fit, and conduct this iteration with the diligence of the scientific method. The advice is so consistent, yet when we look at innovation metrics, there is rarely any kind of KPI measurements around the details of experimenting and prototyping. Let’s look at why it’s so important, and what a KPI might look like.

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Topics: Innovation Programs

Three lessons from “Grit” to make you a better innovator

Posted by Oana-Maria Pop on Aug 3, 2016 12:58:03 PM

Love it or hate it, innovation advice is everywhere.

In places where you expect to find it – like Guy Gawasaki’s 5 innovation tips on American Expresses’ Open Forum. Or places you don’t – like a story about the most structurally innovative pile of dirty dishes by The Onion or a very innovative edition of the Cartoon Lounge and an Innovators Issue by the New Yorker.

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Topics: The Innovation Manager

Get Out of the Building and Go Cross-Industry to Seek Radical Ideas

Posted by Paul Hobcraft on Aug 3, 2016 12:56:20 PM

We all value those times when we can step away from our desk, from the computer or phone and step outside. Some do this because of a necessity of toping up the nicotine levels, others just simply to step away and freshen up.

Another reason to get out of the office, is when it comes to thinking differently within business Steve Blank has a rallying cry of “get out of the building” as part of the Customer Development Manifesto, to turn the hypothesis into real customer needs through gathering hard customer data.

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Topics: Radical Innovation, The Innovation Manager

Absorptive Capabilities for innovation: What Really Matters

Posted by Oana-Maria Pop on Jul 29, 2016 11:59:53 AM

ca·pa·bil·i·ty \ˌkā-pə-ˈbi-lə-tē\ - the quality or state of being capable (an ability); a feature or faculty capable of development (a potential); or the facility for an indicated use. Capability to outsmart (or outspend) the competition; capability to put the Business Model Canvas to some good use; capability for new product or service development – like making a Ghostbot, a bot that “uses artificial intelligence to help daters gracefully exit undesirable situations, without having to deal with it themselves”.

Useful or otherwise, capabilities are something we talk a lot about when it comes to managing innovation. After all, wouldn’t it be nice if innovation success came with a formula? (Abode has one by the way!) A formula to make it repeatable?

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Topics: The Innovation Manager

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