Tag Archives | Innovation Management

Agile Innovation in a Nutshell

By on June 23, 2017

The notion of Agile seems to be on everybody’s lips these days. Studies have proven agile companies to generate above-average margins and revenues up to five times more often boost average innovation success rates to 39% from 11%, in complex projects even up to six times that of conventional approaches But what actually is Agile Innovation? Bain captures the essence in a […]

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Four Models of Intrapreneurship Innovation

By on June 15, 2017

Research shows that growth fueled through organic innovation is more profitable than growth driven by acquisition, in part because the organizational capability required is vastly different. But the litmus test is: How can established organizations build successful new businesses through corporate entrepreneurship, also referred to as Intrapreneurship, on an ongoing basis? This is also one of the key questions that […]

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Scaling-Up: Crossing the Internal Chasm in Corporate Innovation

By on May 2, 2017

This article was co-written with Frank Mattes from Dual Innovation and innovation-3.   The race is on for companies to find big, explorative or even “disruptive” innovation ideas. ‘Disrupt yourself or someone else will’, it has been said. Almost every company shifts into overdrive to create ‘smart’ products, to turn a product business into a […]

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Modern Dual Corporate Innovation Balances Defense with Offense

By on April 4, 2017

This is an excerpt of a post of mine, recently published at Haydn Shaugnessy’s journal “Hack & Craft”.     Modern Dual Corporate Innovation Management approaches encompass two complementary directions of impact: Transforming the Core (by largely changing or even disrupting the existing operating model) Creating the New (by largely changing or even disrupting the existing business model) With […]

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Aligning Organizations for Digital Transformation

By on February 3, 2017

To understand the challenges and opportunities associated with digitalization, MIT Sloan Management Review and Deloitte surveyed more than 3,700 business executives, managers, and analysts from organizations around the world. They have recently published their findings in a report, titled “Aligning the Organization for Its Digital Future“. Some key outcomes (quoted and depicted in an infographic) as well […]

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SCALING UP in Corporate Settings: First Achievements and Outlook

By on January 31, 2017

First of all, Frank Mattes and I would like to wish you all the best for 2017 – we hope you’ve been starting successfully and innovatively into this new year. Last September, Frank and I launched a new initiative „SCALING UP: From Corporate Startup to Innovation Impact“. We have been overwhelmed by the huge resonance […]

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The Firm of the Future Will Manage Two Types of Businesses

By on January 20, 2017

Bain and Company has just published a worthwile article, debating on the question: What will the firm of the future look like? Among several characteristics, the authors also particularly anticipate future-proof companies to be required to manage two types of businesses by deploying distinct “engines”: Companies have always pursued innovation in their core business. Clayton Christensen has called […]

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The Trinity of Dual Innovation and Transformation

By on November 25, 2016

Here is a chart, shown by Scott Anthony from Innosight during a worthwile talk on ‘Dual Transformation’ in July this year. It puts in a nutshell what he refers to as the “hardest challenge in business today”: Simultaneously strengthening today’s business while creating tomorrow’s. The chart greatly captures the fact that dual transformation involves three distinct playing fields: Transformation A: Strengthen Today […]

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SCALING UP: From Corporate Startup to Innovation Impact

By on September 21, 2016

More than three years ago, we noticed a pain point in corporate innovation: How should companies balance the different requirements in searching for tomorrow’s business and in running today’s business? We wrote a well-received article series urging the need for organizational ambidexterity, i.e. implementing dual corporate innovation structures.   First important steps have been taken Our […]

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The Case for Dual Innovation

By on April 7, 2016

The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years ago. At this time it became pretty obvious to me that this concept – academically worn-out but deficiently or not at all put into practice in most organizations – would be of increasing importance […]

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