Coping with Digital Transformation: Adopting a Rapid Innovation Process

Coping with Digital Transformation: Adopting a Rapid Innovation Process

The innovation process should focus on testing to learn and adapt quickly to market changes. Digital transformation is changing innovation, and more specific design of the innovation process is necessary to take full advantage of its potential. The ability to balance scale, scope and speed is necessary for success. Organizations need to become more agile and adaptive, and move away from the fixed product release date mentality. In 2017, the rapid innovation application process will become established, as a more comprehensive and comprehensive path of innovation understanding and evolution.

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More Innovation Resources:

Establishing A Repeatable Scalable And Formal Innovation Process

Establishing a formal innovation process is crucial for companies to achieve continuous improvement and market share. Accenture finds that 74% of top-performing companies have an established, repeatable process for innovation.

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What is the innovation board (Innovation steering committee)

An innovation board, or an innovation steering committee, is a group of executives responsible for managing and overseeing a company's innovation journey. Its purpose is to align innovation with business goals, manage resources, and make important decisions regarding innovation projects.

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The Power of Communication and Selling

Combining innovation and portfolio management offices can be a successful move for businesses, but effective communication is vital. Here are some tips for creating a communication strategy that works.

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