Strategy

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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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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Game of Thrones, Star Trek and Innovation

I recently wrote a couple of articles for Innovation Excellence that explored innovation insights we can glean from science fiction writers.  In this article, I want to further expand on that topic, and ask how other authors, including William Gibson, Jules Verne and James Burke may be able to help us stretch our thinking.  And given that we are in ...

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Use Your Next Leadership Retreat to Manage the Future

Each year, thousands of organizational leaders head to the hills for an annual ritual: the strategic offsite leadership retreat. The purpose of such meetings, of course, is to get away from it all and strategize. To leave behind the quarterly pressures, and think big about the future. All too often, that’s not what transpires. Social events and the golf outing seem ...

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Profit from Your Idea with a Patent

A patent can be taken out on almost any new implementable idea.  It is not just about protecting your idea.  Your patents are part of your Intellectual Property (IP) and can be valuable assets.  Often a start-up company will be bought for its IP rather than its products or sales revenues.  Here are some tips on patents. You do not ...

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Are You Ready to Run a Digital Business for the Digital Age?

In our digital age, all companies must change how they think, how they interact with customers, partners, and suppliers, and how their business works on the inside. Customer, partner, and supplier expectations have changed, and a gap is opening between what they expect from their interaction with companies and what those companies are currently able to deliver. Companies must immediately ...

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How to Fix Corporate Tech Strategy

A large defense contractor is in the process of revamping their technology strategy. They want to see more return on investment, which totals more than $1 billion annually across headquarters and its business units. This money is meant to deliver the next generation of technologies their customers need. Recently, however, their success rate has been dropping. Company leadership worried that ...

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