the hype innovation blog

The Five Pillars of Trust for Innovation Programs

Posted by Michel Meisterjahn on Feb 9, 2016 1:05:41 PM

We all know that innovation management is hard work. Yet somehow, for some innovation professionals the challenge is harder than for others. Innovation managers are often the “lone wolf” in their company, especially when they are just getting started. Whether systematic online innovation management didn’t happen at all before or whether the last program just failed, it can be a serious challenge to convince management and fellow employees that there is actually business value in what you do.

If you’re one of the lone wolfs, here’s some guidance on how to get started when you set out to make innovation management work at your company.

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Topics: Best Practice, Innovation Education, Jobs to be Done, Innovation Strategy

Valuing an integrated framework-  introducing the Executive Innovation Work Mat

Posted by Paul Hobcraft on Jan 31, 2016 1:45:27 PM

Innovation stands in service to strategic goals such as growing market share, differentiation and disrupting adjacent markets, serving the consistent changing and demanding customer needs by spotting these and then exploiting them rapidly and effectively.

Creating clear goals and linking/aligning innovation to those more agile strategies is a vital role for CEO’s and senior executives. Senior executives must establish the manner in which innovation fits within the strategic context established by goals, vision and strategies. They cannot abdicate this role. Change is hard, so is innovation.

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Topics: Frameworks

The Innovator’s Dilemma: Narrow Theory, Widely Applied

Posted by Tim Woods on Jan 31, 2016 10:05:19 AM

It’s been nearly twenty years since the publication of The Innovator’s Dilemma, the go-to book for the disruptive generation. The Economist named it as one of the six most important business books of all time. However, the term ‘disruptive innovation’ has been hijacked and used in all sorts of ways which certainly do not fit the original theory put out by Christensen. It’s worth looking again at what the theory actually entails, particularly for those that haven't read the original work; then look at some criticisms and whether the term 'disruptive innovation' should remain inherently linked to Christensen’s original idea.

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Topics: Disruption, Frameworks

The integrated innovation framework

Posted by Paul Hobcraft on Jan 25, 2016 5:00:00 AM

We cannot get away from the reality that in most of our organizations we have a disconnect going on around innovation. Research shows a lack of engagement in non-managers, claiming that 7 out of 10 of employees are not understanding how they can make a worthwhile contribution. The cynicism around innovation has turned it into nothing more than a buzzword for many. Even at the top there is a growing gap of translating and aligning innovation that many of the middle to senior managers struggle with articulating where innovation and strategy fit within the wider corporate goals. Innovation lacks a clear identifying mechanism for all to ‘pull towards’.

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Topics: Innovation Strategy, Frameworks

Open Innovation and Crowdsourcing Best Practices

Posted by Maria Wenning on Jan 20, 2016 5:00:00 AM

Open innovation (also known as user, cumulative, mass, or distributed innovation, or as know-how trading) and crowdsourcing are both affordable, reliable, powerful ways to keep your company on the cutting edge of innovative ideas and products. But if these techniques aren't used properly, they can fail to yield the results you're hoping for. First, you need to understand when to utilize open innovation and when crowdsourcing is the better option. After that, you need to leverage the right platforms at the right times in the right ways in order to produce success. Here's how you can score with these innovation strategies.

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Topics: Open Innovation

The critical aspects for an innovation vision

Posted by Paul Hobcraft on Jan 20, 2016 4:00:00 AM

When we consider developing an innovation vision it's easy to get bogged down in details as we craft and then re-craft this to reflect our realities. Most of our discussions are internally related.

We can miss some different and crucial components in building the vision, which reflects on many of the intangibles surrounding any view. It is critical for us to address how to embed the vision and relate the essential parts that need to come together. I believe we have to work harder at closing those many disconnects’ that surround our innovation understanding. We have to ‘set about’ the informing by creating a cohesive and consistent innovation purpose.

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Topics: Innovation Strategy

John Bessant on Why Innovation is About Connections

Posted by Tim Woods on Jan 10, 2016 10:46:21 PM

John Bessant is Professor of Innovation and Entrepreneurship at Exeter University. Back in May 2015 he gave a talk at our Innovation Forum in Bonn (he’s coming back again in April 2016). One of the interesting ideas he talked about was spaghetti innovation, and the need to weave more connections in and out of your innovation network. Here’s a breakdown of John’s idea.

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Topics: Innovation Strategy

The 10 Methods of The Lean Startup

Posted by Tim Woods on Jan 5, 2016 10:56:27 AM
“Startup success can be engineered by following the right process, which means it can be learned, which means it can be taught.”

The Lean Startup was published in 2011, yet its impact has been enormous. Companies are still getting to grips with the ideas set out in the book, most of which were not new in the first place. The value of those ideas and methods are perhaps even more valuable to large established organizations than to the startups which bear the books name. Author Eric Ries even defines a startup broadly as any "human institution designed to create a new product or service under conditions of extreme uncertainty." Let’s take a look at how the methodology helps us to innovate and create value for the customer.

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Topics: Frameworks

Why Big Data Matters in Innovation Management

Posted by Maria Wenning on Dec 30, 2015 2:51:19 PM

What does it take to sustain innovation in your organization? Ideally, you could devote time, money, and resources to a think tank that had nothing to do but produce a steady stream of promising innovations all day every day. But that isn't realistic for the majority of organizations that do not have the name Google or GE on a sign out front. Everyone else needs some assistance to achieve and maintain a state of regular and consistent innovation. Many forward-thinking businesses are finding that big data holds many of the answers to driving innovation. Here's why.

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Topics: The Innovation Manager

Building a Growth Factory: Making Innovation Repeatable

Posted by Tim Woods on Dec 29, 2015 11:33:28 AM

There are several good case studies out there on how large organizations have implemented a corporate innovation strategy, one of those is Building a Growth Factory, by the team at Innosight. In their short ebook (96 pages), they describe how P&G and Citi discovered concerns over their ability to increase innovation, and did something about it. What then follows are a set of good practices, reminders, and self-assessing questions, which roll-up into a kind of framework / self assessment for creating sustainable innovation.

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Topics: Innovation Strategy, Frameworks

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