Management

3 Ways Our Bias to Oversimplify the Future Hurts Innovation

Estimates that attempt to quantify failure rates for innovative products and services typically sit in a range somewhere between 70-95%. As an innovator, I find this an uncomfortably large number, especially given how much time and money we invest in innovation processes, consumer research and market modeling.  But as disappointing as these numbers are, the reality may be even worse, as ...

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A Fundamental Principle of Value Creation

The photo below illustrates one of the most fundamental principles of value creation. Have a look: The owner has bought a ‘cat tree’. This would be splendid, but the cat prefers sitting on the cardboard box! Of course, the cat tree is not for the cat at all. It’s for the owner. I doubt the cat appreciates the paw-shaped seat ...

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Top 20 Innovation Articles of June 2019

Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 8 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are June’s twenty most popular innovation posts: Harvard Study ...

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Top 20 Innovation Articles of May 2019

Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 8 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are May’s twenty most popular innovation posts: These Are ...

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Combining lean startup and agile with a design-led approach reduces business risk

For most corporations, leading in quality means continually pursuing organizational excellence. This means leaders have to make sure that the organization is fit for its purpose, stays that way, and keeps improving over time. Maintaining quality is much easier when the risks involved are lower. Organizations tend to reduce risk by defining things that can be measured and incentivized. The side effect of this, ...

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Top 20 Innovation Articles of April 2019

Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 8 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are April’s twenty most popular innovation posts: Jeff Bezos ...

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Change Management: Combating Resistance and Driving Adoption Through Innovation

A strong change management program requires more than a strong change management plan. It requires a plan that transforms change management into an ongoing priority for your organization. As I’ve stated in the other change management articles on LaunchStreet, change management should be more than just a point-in-time exercise. To be successful it should be an ongoing mindset that change ...

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Decouple the Value Chain to Drive Digital Disruption

“Decoupling” the value chain is the next big strategy for digital innovation and business models Digital disruption isn’t just about the internet or mobile technology. It’s about the digitally-driven business models that forever transform business as usual no matter what you’re doing. I recently had a chance to connect with Harvard Business School professor, Thales Teixeira, whose most recent book, Unlocking the ...

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