Management

Want To Manage Innovation? Let the Creators Create!

Innovative cross-functional teams in technology companies often depend on individuals with highly technical, specialized skills. They’re on the edge, extending their disciplines where they haven’t been before. Teams like this require upper management support that enables their success. It does not need micromanagement – or its opposite, chaotic management that is no better than neglect. What innovative product teams need ...

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The Leadership Gap in Innovation

the leadership gap

A vast majority of executives, more than 80% according to sources, consider innovation to be paramount for the future success of their organization. Yet, very few of them are succeeding in it. A McKinsey study, for example, puts the number of executives who are satisfied with their innovation performance at 6%. There’s clearly a huge gap between expectations and actual ...

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Three Keys To Meeting The Challenge of Multi-Platform Product Development

Scenario: A technology company is creating a consumer electronics solution that involves hardware, software and web components. Three separate teams, located in different parts of the company’s facility, create three platforms. Each platform has its own development team, its own Program Manager and its own Project Manager. There are no clear and distinct processes for integrating these three elements until ...

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Innovation Comes With Messiness. Here’s How to Manage It

Every bold innovation involves messiness. The Chief Product Officer at Adobe reveals how to use it to succeed. In my work advising and consulting to some of the world’s most innovative companies, I see the best of the best practices for managing innovation. I also get a behind-the-scenes view of what really goes on during the innovation process itself–and it’s messy. We tend to ...

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Mine the Business Innovation Gaps: Seasonal Sharing for Scalability

I’ve been working with an agriculture machinery company over the years. This family run business designs and manufactures huge innovative machines that solve the current problems farmers face. Their industry is subject to the seasons, which means all farmers want new machines just before the harvest, so there’s a big peak of work in the period running up to harvest ...

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Companies Are Failing To Get Value From Innovation

Innovation is something that everyone says they want to do, but it seems increasingly clear that this desire is often rather superficial.  For instance, recently I wrote about a new study from Harvard Business School showing that innovation is rarely a top priority for executives.  Indeed, just 30% placed it in their top 3 issues to focus on in the ...

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How to Cut Costs and Still Be Innovative

With all the hype these days around the impending disruptions on the horizon such as blockchain, artificial intelligence, augmented reality and the like, it’s natural to assume that breakthrough innovation requires breakthrough technology. And if you consider the mind-boggling burn rates of recent innovation icons like Uber, WeWork, and MoviePass, it’s also easy to assume that monstrous investments are needed to grow a successful ...

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Top 20 Innovation Articles of January 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 January’s twenty most popular innovation posts: Top 100 ...

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