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the hype innovation blog

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

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

Is Innovation a buzz word or a buzzkill?

Posted by Zach Chertok on Mar 10, 2016 3:46:18 PM

‘Innovation’ – the act or process of developing a new method, idea, or product

Most companies are neurotic about this term ‘innovation’. For most, it has become a buzzword that is synonymous with driving new value and creating new markets (duh). But in a world where institutions and the people leading them pass the buck on risk to the next available hand unwittingly available to receive it, does innovation have any intrinsic value?

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Topics: Innovation Programs

The 8 Characteristics of a Strong Innovation Program

Posted by Maria Wenning on Dec 14, 2015 5:50:25 PM

Innovation is the hallmark of a company that grows, prospers, and makes its mark on both the industry and the world. Though innovation is often attributed to a single idea, there are actually a number of characteristics that help contribute to an environment of innovation. Here are some of the hallmarks of innovative organizations. Can you replicate their success with your innovation program?

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Topics: Innovation Programs

Uncovering the Hopes and Fears of the Innovation Manager

Posted by Oana-Maria Pop on Oct 16, 2015 12:30:00 PM

I have just returned from the most recent HYPE Regional Innovation Managers Forum hosted by Fujitsu Services in the beautiful City of London and my head is still abuzz with what I’ve seen & heard.

In addition to learning that Queen Elizabeth II is now the UK's longest reigning monarch, the true highlight of my day was watching the corporate innovation professionals in the room let their guards down, open up the discussion and share their most dreaded obstacles in the pursuit of effective idea campaigns.

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Topics: Innovation Programs, Customer Insights, The Innovation Manager

Hard Facts and Interesting Insights on the Execution of Innovation

Posted by Stefan Lindegaard on Jun 3, 2015 10:57:08 AM

As I am preparing for my HYPE webinar on the execution of innovation next week, I found some interesting snippets of inspiration that you should check out as well. There are links for you to dig deeper into this. Be inspired – and let me know if you can share some good things on this topic.

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Topics: Innovation Programs

How to trigger valuable discussions in collaborative innovation?

Posted by Christoph Sohn on Jun 2, 2015 5:13:31 PM

An essential part of a modern innovation platform - and hence the difference to a mere idea drop box - is the possibility for the community to collaborate in order to discover ideas with great potential, pinpoint weaknesses of some ideas and develop good ones further. The main feature to support this is the discussion functionality which allows every user to leave comments on an idea which are visible to others.

Good comments add pieces of information to the idea which are helpful in the review and concepting phase. But what are actually "good", useful comments, that we‘d like to get?

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Topics: Innovation Programs, Best Practice

The Key Insights Corporate Innovators Miss on the Execution of Innovation

Posted by Stefan Lindegaard on May 22, 2015 6:22:29 PM

As I have been working with HYPE Innovation on a series of sessions in which we looked into the difficult part of executing innovation, I have observed five major insights on this increasingly important topic of how to produce better outcomes from innovation ideas and projects.

1. The front end of innovation is the easy part. If you work with innovation management and execution in a large company and you feel you have difficulties getting enough ideas – even the right ideas – it is because you are not doing your job well enough. Ideas are in abundance inside your organization if you set up the right structures and processes for harnessing the input of employees. If you also go outside of your organization, one of the key challenges will be to manage the overload of input that you will get.

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Topics: Innovation Programs

Building an Effective Innovation Incubator / Accelerator: A New Approach

Posted by Anthony Ferrier (CEO - Culturevate) on Mar 25, 2015 7:00:00 AM

It seems that every time I chat with corporate innovation leaders these days their desire and / or plans to build an innovation incubator / accelerator pops up. And sure, I understand why they are going down this path. These efforts are fun! Who doesn’t love a beanbag?

While incubators are often first stage efforts and accelerators are often second stage, they are similar concepts and will be handled here together. The goal of these efforts is to give selected ideas an environment with resources, attention, tools and structure that will help them thrive and grow into successful ideas or businesses.

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Topics: Innovation Programs, Open Innovation

The 8 Pitfalls and Sinkholes of Innovation

Posted by Paul Hobcraft on Jan 21, 2015 2:29:28 PM

Why is it we always seem to fail back into the same traps or pitfalls? Bad habits seem to always reoccur even when we work on trying to eradicate them.

For me, innovation has eight pitfalls or sink holes that we need to consciously try to avoid. Some are in our hands, others are clearly out of our hands and all we can do is try to influence them as best we can, for what we believe is right and appropriate. 

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Topics: Innovation Programs, The Innovation Manager

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