Lean Start-Up’s Newest Tool is a Game Changer for All Innovators

Use Innovation Accounting to Drive the Metrics that Matter Most for Your New Venture or Start-Up As the field of innovation management matures, many entrepreneurs and companies have built solid capabilities in design thinking, rapid prototyping, portfolio management, open innovation, and the list goes on. But a recent study of 1200 executives by PwC found that 54% of leaders struggle to align business strategy with innovation ...

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Innovation in K-12 Education

There are many changes taking place in education. As an outward sign of this change, schools are striving to make their environments more like the “the real world,” which is to say like adult workplaces. You can see the rise of whiteboards and bean bags instead of desks, maker spaces, flex areas, collaboration zones, as well as more media-editing suites. ...

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The Hair On Fire Use Case

Elon Musk is often hailed as a visionary, and rightly so. Tesla, not to mention his other ventures, has the mark of a business that can truly change the world. When he co-founded the company in 2003, electric cars seemed like a pipe dream. Today, however, just about every major carmaker is investing in the technology. The Tesla narrative has ...

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Jeff Bezos Just Shared His Secret for Amazon’s Success (and Yours as Well)

This one concept captures beautifully all of the trials, tribulations, and magic of the entrepreneurial spirit. Every so often you come across a concept so elegant in its simplicity that you can’t help but be drawn to it because of how easily it reduces even the most complex set of ideas into something short and memorable. For example, Malcolm Gladwell’s ...

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How to Create Cluster Clutter

Digital health ecosystems have spread around the world. Like all clusters, they have a life cycle that starts with koombaya and the enthusiasm of creating something new and exciting but, unfortunately, at some point , devolve into conflicting interests who seem more interested in WIIFM with consequent confusion or blurring of the original vision, mission, values, value proposition, business model ...

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Improve Your Innovation Process with Innovation Journey Maps

The Customer Journey Map is a popular management tool.  It is a visual representation of customer interactions with a company and a tool to investigate, analyse and thus improve customer experiences.  Let’s borrow the tool and adapt it for our purposes. The Innovation Journey Map (IJM) is a similar concept showing the journey that an innovation takes from initial conception ...

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How to Overcome 3 Big Obstacles in the Way of Your Innovation Idea

“It’s tough when markets change and your people within the company don’t.” – Harvard Business Review  It is widely recognized that innovation is invaluable when it comes to driving forward organisations in today’s competitive environment and increasingly technology-driven markets. However, despite the many benefits, most companies talk about innovation, but don’t go beyond this to start innovation. Why is this? Here ...

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