Hard Facts and Interesting Insights on the Execution of Innovation

Hard Facts and Interesting Insights on the Execution of Innovation

Innovation is vital for the survival of companies, but many struggle with execution. Organizational structure is crucial, as innovation requires lean structures and flexible processes. Milestones and budgets must be customized, and intercommunication between departments is essential. Integration of innovation and strategy is also critical, as they should be treated as integral activities. The Back End is the make-or-break point for ideas in the innovation process, and its execution is just as important as generating Big Ideas.

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More Innovation Resources:

Why Innovation Needs Its Own Language

Innovation language is often misused and overused to the point of losing its meaning. We need a new language that defines innovation and its outcomes in order to communicate effectively.

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Build a Fast and Efficient Innovation Team

To succeed in today's competitive market, firms need to be fast at recognizing new trends and opportunities. This article presents a set of techniques for building a fast and efficient innovation team, including teamwork, hiring the right talent, and focusing on innovation-specific skills.

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Becoming a maker of ideas

Becoming a maker of ideas

The future belongs to those who can create and translate new insights and ideas into concepts that AI or machines can create and package as products or services. Creativity, exploration and divergent thinking are key to success in the third wave of human value creation.

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