Tag Archives | Innovation Strategy

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 […]

Continue Reading · Comments { 1 }

Reconciling Organizational Improvement and Reinvention Through Social Business Design

This is the second part of a post co-written with Thierry De Baillon from Sonnez en cas d’absence. Read the first part here.   A striking change of focus in the social business arena occurred during the last five years. Despite the fact that Andrew McAfee’s original definition specified its scope as «within companies, or between companies and […]

Continue Reading · Comments { 1 }

Business Model Innovation as Wicked Problem

This is the first part of a post co-written with Thierry De Baillon from Sonnez en cas d’absence. Read the second part here.   We live in an age where emergent technologies continue to have massive effects on business and society. Rising complexity requires companies and economies to cope with increasingly interlocking systems. If we […]

Continue Reading · Comments { 2 }

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 […]

Continue Reading · Comments { 4 }

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 […]

Continue Reading · Comments { 4 }

Innovators Hold Strong Visions Weakly

In one of my previous posts I discussed the crucial distinction between need and solution. Innovation is about matching these two components – i.e. solving a customer problem (desirability) through a viable business model, leveraging feasible products and services – in a novel way. It’s important to note that solutions are not represented by products […]

Continue Reading · Comments { 5 }

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 […]

Continue Reading · Comments { 0 }