Bringing The Business Along
Innovation teams often find themselves in a catch-22. The business needs more evidence in order to provide support, and yet they need the business' support in order to deliver that evidence. How to deal with this tension? How to get internal stakeholders to understand what’s happening outside? In other words, what is the best way to bring the…
How to Get Leadership Support for Innovation In Times of Crises
Crises stifle innovation. Research by McKinsey and others shows that organizations that focus on innovation during crises outperform the market average. Moreover, they’re likely to continue growing rapidly in the years to come. However, recent financial pressures have caused many organizations to make suboptimal decisions from an innovation…
Portfolio Management: Linking Strategy to Resources and Execution
It takes an innovation system to drive innovation performance. Alongside clear innovation priorities, optimized innovation pathways, and empowered innovation people, innovation portfolio management is a primary component of a complete innovation system. These elements already exist in almost every successful organization and are connected behind…
Business Design is reDesign – Start Mapping and Stop Controlling
Amidst today's uncertain economic conditions, organizations struggle to meet their innovation mandates. By definition, innovation involves continuous reinvention. A well-designed organization attracts and retains top talent, just as better-designed products and services attract customers. Yet organizations resist change and lack the courage to…
Innovation Management in 2023: Venture Building & Scaling
Business building is at the top of corporates’ agendas. A recent McKinsey report finds that eight in ten surveyed CEOs report new business building as a top five priority despite recent heightened economic volatility. And in 2023, this trend is likely to increase further. Beyond the hype, are we seeing investments in "business building" paying…
Innovation Management in 2023: Open Innovation & Partnerships
Nobody can solve everything on their own. When we collaborate more openly with others, our odds of solving real problems and creating value for our customers and users increase. For corporates, open innovation is all about being transparent and public about the challenges and themes they're looking to go after and solve, and then finding the…
Innovation Management in 2023: Culture & Talent
You can have the best innovation strategy in the world, but you won't get far without a supportive culture across the organization and the right talent within your innovation teams. When it comes to creating or changing a culture of innovation, what works? What's needed to build high-performing innovation teams? During our recent The Innovator’s…
Innovation Management in 2023: Foresight & Business Design
Today the only certainty is uncertainty. From climate change to food shortages, from pandemics to lack of trust in our leadership and institutions, there's a lot keeping us up on our way to 2023. What needs to change (and what doesn’t) when it comes to bringing new products, services, and business models to market in 2023? What and how to adjust…
Innovation Management in 2023: Governance & Portfolio Management
Like it or not: for innovation, governance is the theme of the year. Many corporations are shifting their focus from endless growth to productivity. So they need to figure out how to allocate resources and how (and what) to prioritize across different growth horizons. With budgets under pressure in most organizations, this is a critical…
Innovation Management in 2023: Leadership & Strategy
If we are to discover a prosperous future path, innovation is no longer optional. With a potential recession in sight and inflation, layoffs, and other geopolitical issues challenging the ability to protect traditional forms of competitive advantage, innovation is our only option. What are the biggest challenges heading into 2023? How to address…
Here's how you can engage in H1-2023
Connect and collaborate with other innovators to learn new approaches, solve challenges and improve outcomes. HNY from the Innov8rs team- we hope it's off to a great start! Looking at the year ahead, you may be keen to explore many new opportunities- and equally, you know there will be many challenges to overcome. The good news? You don't need to…
Become Your Company’s VC Investor
Investments in innovation need to yield results. The most obvious (and easiest) solution would be to invest only in incremental improvements and in everything that’s very well connected to the core business, but that doesn’t mean it’s also the wisest. Acting and thinking like a VC investor when making decisions about your corporate’s innovation…