Effective implementation is key to turning ideas into successful innovations. Building a workplace culture that supports creativity is essential.
Changing platforms require us to alter our assumptions about how the world works. The new capabilities- digital disruption, blockchain, and social media demand our attention.
The 70-20-10 rule is a useful guide for managing innovation resources, where 70% is devoted to sustaining innovation, 20% to exploring adjacencies, and 10% to building a new paradigm.