There are two distinct parts to any Innovation Funnel

There are two distinct parts to any Innovation Funnel

The traditional innovation funnel does not align with today's job as it only delivers a 5-10% success rate. The extended innovation funnel has two distinct sides; the left, exploratory side, and the right, exploitative side. The key is to match innovation and strategy, gather external knowledge, connect with deeper insights, and test raw concepts to fit with the research, internal understanding, and the market/customer. With the extended innovation funnel, the innovation process can deliver better results by focusing on the critical execution stage.

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8 Guiding Lean Principles

Lean principles have helped successful companies such as Nike and Intel create sustainable production systems. Here are 8 key principles that can guide businesses in integrating Lean into their strategy.

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Resources for Your Next Design Sprint Workshop |

Resources for Your Next Design Sprint Workshop |

Discover top resources, tools, and tips for hosting a successful design sprint workshop in this article.

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The ongoing challenge is making change our constant

Innovation and change require a more holistic approach to yield optimal value. Transformation aims to reinvent the organization, while change focuses on making the existing system better.

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