Tag Archives | Innovation Management

Managing Innovation Portfolios – Part 1: Strategic Portfolio Management

This is part one of a two-parts article co-written with Kevin McFarthing from Innovation Fixer. The second part can be found here.   Facing increasingly dynamic and unpredictable environments, firms are required to develop convenient innovation strategies, constantly adapt them to changing conditions and properly implement strategically-aligned initiatives throughout their organizations. Innovation portfolio management (IPM) can act […]

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Balancing Innovation via Organizational Ambidexterity – Part 2

This is part two of a three-parts article co-written with innovation-3‘s Frank Mattes.   In the first part we worked out why successful firms need to balance radical and incremental innovation. We introduced the concept of organizational ambidexterity as an appropriate way for simultaneously conducting exploration and exploitation, the two paradigms behind radical and incremental innovation. This second […]

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Balanced Portfolios and Business Model Innovation Distinguish Outperformers

Among others, Tim Kastelle (here and here) and Paul Hobcraft (here and here) have recently highlighted the increasing importance of business model innovation. A newly published report from the IBM Institute for Business Value confirms this point, the need for balanced innovation portfolios and some other key issues being outlined in a previous post. I’d like to summarize the main results […]

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Balancing Innovation via Organizational Ambidexterity

This is part one of a three-parts article co-written with innovation-3‘s Frank Mattes.   Organizational ambidexterity is becoming a key factor for success in many industries. With a proper ambidextrous set-up, firms can optimally balance radical and incremental innovation. In this article, we are showing the need for organizational ambidexterity, introduce the concept, show how it […]

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Integrative Innovation

Some people I’ve been collaborating with have recently encouraged me to open up an own blog. After having given it some thought, I decided to do so. I’m launching a new site and platform titled “Integrative Innovation” to share ideas and perspectives on innovation. You might ask: why “Integrative Innovation”? Is this yet another buzzword? I don’t think so. I rather […]

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Key Issues in Innovation Management

This post was co-written with Tim Kastelle from Innovation for Growth.   What are the key innovation issues facing the business community right now? When we met up in person recently we had a great talk about this question. We’ve continued the discussion over email, and these are the four innovation management issues that we […]

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The Future of Innovation is Open

Sustainable innovation requires evolution and revolution. Over the long term, organizations need to be capable of both moving along existing growth trajectories and creating new ones when the old business matures or stalls. This can be depicted as recurring movement along innovation s-curves. In the case of a new venture, acquiring lean start up skills […]

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Evolutionary and Revolutionary Innovation

Triggered by a couple of recent discussions, I’ve been pondering for a while now over the question how evolution relates to revolution when it comes to innovation. In the following, I’ll try to develop my view on this. Let’s define  evolution as continuous and incremental innovations of a firm’s existing business. Whereas revolution can be […]

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The Intersection of Human and Organizational Innovation Capabilities

One of my main interests is looking at the intersection of organizational and human capabilities. Business is accomplished through people, thus individual mindset, behavior and capabilities determine organizational performance. When it comes to innovation, a recently published research paper, titled ‘The Bias Against Creativity’ serves as a good example. The findings indicate a paradox that […]

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Innovation and Ambidexterity

Tim Kastelle wrote a post on “Staying Innovative While Growing”. I fully concur with his conclusion: “But it’s another innovation paradox – the small firms that might be most innovative often don’t have the market clout to get their ideas to diffuse. The firms that are big enough to get ideas to spread might not […]

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