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the hype innovation blog

Tim Woods

Tim is VP of Marketing and Product Strategy for HYPE Innovation. With a background in software development, Tim has worked in the Innovation Management space for over a decade, working on software and services solutions that support the innovation initiatives of some of the worlds largest organisations. Tim is passionate about how software can drive innovation results faster, better and more reliably.
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Recent Posts

How does innovation management help in digital transformation?

Posted by Tim Woods on Jan 9, 2017 10:30:28 AM

The power of digital disruption is so immense that it now sits on the top priority list for almost every executive. Whether the threat comes from new digital natives entering the market, traditional competitors upping their digital quotient, or other markets using a digital channel to launch a competitive offering. On the flip side, as GE is demonstrating, the opportunity for growth is equally immense.

In a new report by HYPE and MWD Advisors, we looked at the role that innovation management programs can play in helping companies to make this transformation.

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Topics: Digital Innovation

Our 10 most popular articles from 2016 - with summary

Posted by Tim Woods on Jan 3, 2017 9:50:09 PM

Over the past year we've tried to offer valuable content for innovation managers, and not to spam you with more innovation waffle (there's enough of that out there). I hope we did a decent job in that regard?

But among the daily bombardment of things to read, you might have missed some posts, so here's a shortcut to the most popular 10 from 2016, and since we're all so short of time, each has a quick summary to help you decide if it's worth your time reading.

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Topics: The Innovation Manager

How to turn around a failing program

Posted by Tim Woods on Nov 5, 2016 8:32:04 PM

Not all enterprise innovation programs go well - sometimes they crash and burn, and sometimes they slowly degrade until they fall off the radar. As an innovation manager, you don’t want to see this happen, and ultimately you are in the driving seat when it comes to taking action to steer the program on track, others are unlikely to do it. In a recent webinar, my colleague Khattab Al-Ali, looked at ways to turn around a failing program, and also ensure new programs are set up to avoid failure.

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Topics: Innovation Programs

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

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

The 5 Skills of The Innovator

Posted by Tim Woods on May 25, 2016 3:55:50 PM

Are innovator’s born differently? Do they have a special something which eludes the rest of us? Or, can innovative traits be studied, understood, and learned? In a study of 72 ‘known innovators’, and 310 executives, it transpired that the innovators consistently demonstrated 5 key skills more than the regular executives.

Surprisingly, four of the skills are physical ones, and only one is cognitive. Suggesting that you can take specific action yourself to create more chances of creating novel ideas, and that in terms of creativity, nurture rather than nature holds the cards. Discovery skills are what the authors call them, and they've been explained in detail in the book The Innovator's DNA - let’s take a look at each of them.

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Topics: Best Practice, Intrapreneurship

8 Principles of The Innovator’s Solution

Posted by Tim Woods on Apr 10, 2016 9:37:20 PM

The Innovator’s Dilemma gets more of the headlines, but the follow-up book by Clayton Christensen, The Innovator’s Solution, is a far more useful piece of work. The Innovator’s Solution starts out by describing the ‘dilemma’, and in one chapter removes the need to even read the original work. It then proceeds to offer an array of approaches to handling disruptive innovation in large organizations. In the following post, we’ll look at 8 of the valuable principles Christensen highlights. For a recap of Christensen's disruptive innovation theory, see previous post here.

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Topics: Disruption

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

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

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