Innovation & Strategy - I&S Lab
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Why You Need an Innovation Strategy | HBR

Why You Need an Innovation Strategy | HBR | Innovation & Strategy - I&S Lab | Scoop.it

Despite massive investments of management time and money, innovation remains a frustrating pursuit in many companies. Innovation initiatives frequently fail, and successful innovators have a hard time sustaining their performance—as Polaroid, Nokia, Sun Microsystems, Yahoo, Hewlett-Packard, and countless others have found. Why is it so hard to build and maintain the capacity to innovate? The reasons go much deeper than the commonly cited cause: a failure to execute. The problem with innovation improvement efforts is rooted in the lack of an innovation strategy.


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ChristopheMascarin I&S Lab's insight:
A strategy is nothing more than a commitment to a set of coherent, mutually reinforcing policies or behaviors aimed at achieving a specific competitive goal.
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These Five Behaviors Can Create an Innovation Culture

These Five Behaviors Can Create an Innovation Culture | Innovation & Strategy - I&S Lab | Scoop.it

"Building collaboration across teams and locations is key to create a corporate innovation culture, the one that will encourage employees to take risks that lead to breakthroughs"

ChristopheMascarin I&S Lab's insight:
You change the culture by becoming more innovative — not the other way around.
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Kodak’s Downfall Wasn’t About Technology | HBR

Kodak’s Downfall Wasn’t About Technology | HBR | Innovation & Strategy - I&S Lab | Scoop.it

A generation ago, a “Kodak moment” meant something that was worth saving and savoring. Today, the term increasingly serves as a corporate bogeyman that warns executives of the need to stand up and respond when disruptive developments encroach on their market. Unfortunately, as time marches on the subtleties of what actually happened to Eastman Kodak are being forgotten, leading executives to draw the wrong conclusions from its struggles.

ChristopheMascarin I&S Lab's insight:
Where they failed was in realizing that online photo sharing was the new business, not just a way to expand the printing business.
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Ideo's CEO On How To Lead An Organization Creatively

Ideo's CEO On How To Lead An Organization Creatively | Innovation & Strategy - I&S Lab | Scoop.it
Creative leadership is the only way for businesses to thrive in the face of rapid change, Tim Brown argues. Here's how to master it.
ChristopheMascarin I&S Lab's insight:
"The pace of change, the level of volatility, and the level of disruption across every industry requires that all organizations either constantly evolve, or they get out-competed by someone that's fitter than they are."
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5 Key Ingredients for Corporate Innovation

5 Key Ingredients for Corporate Innovation | Innovation & Strategy - I&S Lab | Scoop.it

Every enterprise needs to innovate in order to survive. But as they grow larger, new ideas and agile processes tend to find less expression. In order to capitalize on innovation opportunities, enterprises need to leverage their available assets quickly and effectively. Doing so calls for senior management to take responsibility for being transformation-oriented and enabling the conditions that allow innovation leaders to thrive. 

ChristopheMascarin I&S Lab's insight:
Only senior management can create the conditions that allow innovators to thrive.
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7 Essential Lessons From The Harvard Innovation Lab

7 Essential Lessons From The Harvard Innovation Lab | Innovation & Strategy - I&S Lab | Scoop.it
Here's what Harvard students learn about how to create an environment where innovation thrives.
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Is this what it takes to be an innovative leader? | WEF

Is this what it takes to be an innovative leader? | WEF | Innovation & Strategy - I&S Lab | Scoop.it
Why are some organizations able to innovate time and again, while others hardly innovate at all? Our research suggests that leadership is a critical piece of the puzzle. That leadership m...
ChristopheMascarin I&S Lab's insight:

Innovative leaders see themselves as “social architects”, whose role was to shape the context. They created communities in which others were willing and able to innovate. - Communities of innovation

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How to make your team love experimenting | TheNextWeb

How to make your team love experimenting | TheNextWeb | Innovation & Strategy - I&S Lab | Scoop.it
A recent article in the New York Observer detailed the complications with introducing lean methodologies, such as experimentation, to large organizations.

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The Innovator's Mindset: Envisioning the Future | HuffPost

The Innovator's Mindset: Envisioning the Future | HuffPost | Innovation & Strategy - I&S Lab | Scoop.it
Is Google now working on artificial intelligence and deep learning to turn the web into just a more efficient search engine, or are they creating a new a type of synthetic intelligence that can predict and help our civilization?

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ChristopheMascarin I&S Lab's insight:

 Innovation is a mindset first, a way of conceptualizing. It is a way of seeing the invisible and acting on insight. Innovation starts as a mindset, a particular way of seeing what's possible.

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Why middle-aged entrepreneurs will be critical to the next trillion $ business | VentureBeat

Why middle-aged entrepreneurs will be critical to the next trillion $ business | VentureBeat | Innovation & Strategy - I&S Lab | Scoop.it

Steve Jobs was 52 when he announced the iPhone. That was in 2007. Years later, the Apple cofounder introduced the MacBook Air, App Store, and iPad. Tim Cook, who was 51 when he took over from Jobs, is building on his legacy. They both shattered a myth that the young rule the technology industry.

ChristopheMascarin I&S Lab's insight:

The Innovation Advantage isn’t provided by youth but by knowledge, maturity, experience & connections

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Strategy, not Technology, Drives Digital Transformation | MIT Sloan Review

Strategy, not Technology, Drives Digital Transformation | MIT Sloan Review | Innovation & Strategy - I&S Lab | Scoop.it
The 2015 Digital Business Report by MIT Sloan Management Review and Deloitte identifies strategy, not technology, as the key driver of success in the digital arena.
ChristopheMascarin I&S Lab's insight:

The ability to digitally re-imagine the business is determined in large part by a clear digital strategy supported by leaders who foster a culture able to change and invent the new. 

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Non-Tech ‘Innovation Centers’ | WSJ

Non-Tech ‘Innovation Centers’ | WSJ | Innovation & Strategy - I&S Lab | Scoop.it
Silicon Valley often conjures images of feisty entrepreneurs in garages and tech titans on gleaming campuses. Now traditional companies are setting up shop in the land of disruption, according to a new study.
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How a World-Changing Innovation Emerges & Get Off The Ground

How a World-Changing Innovation Emerges & Get Off The Ground | Innovation & Strategy - I&S Lab | Scoop.it
In a new biography of the brothers who invented the airplane, David McCullough describes the frustrations and triumphs involved in getting aviation off the ground.

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Why Diverse Teams Are Smarter | HBR

Why Diverse Teams Are Smarter | HBR | Innovation & Strategy - I&S Lab | Scoop.it
Research shows they’re more successful in three important ways.
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The Frugal Way to Grow | S+B

The Frugal Way to Grow | S+B | Innovation & Strategy - I&S Lab | Scoop.it

Pioneering companies in mature economies are learning from emerging market companies a new way to expand their businesses. 

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What It Takes to Innovate Within a Corporate Bureaucracy | HBR

What It Takes to Innovate Within a Corporate Bureaucracy | HBR | Innovation & Strategy - I&S Lab | Scoop.it

Corporate hackers are resilient — they don’t give up. They are social — they draw others to their cause. And they are frugal — they leverage existing resources and use lean approaches to scale their ideas. 

ChristopheMascarin I&S Lab's insight:
Companies that want to engage these innovators, and enable these behaviors in others, should offer incentives to keep them engaged and set them up as role models for the rest of the organization.
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The Secret History of Agile Innovation - HBR

The Secret History of Agile Innovation - HBR | Innovation & Strategy - I&S Lab | Scoop.it

You hear a lot about “agile innovation” these days. Teams using agile methods get things done faster than teams using traditional processes. They keep customers happier. They enjoy their work more. Agile has indisputably transformed software development, and many experts believe it is now poised to expand far beyond IT. Ironically, that’s where it began — outside of IT.

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These 3 steps could help boost innovation in your organization

These 3 steps could help boost innovation in your organization | Innovation & Strategy - I&S Lab | Scoop.it

Despite the explosive rate of innovation transforming our world, how established organisations innovate themselves is another matter altogether.

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Knowing When to Reinvent | HBR

Knowing When to Reinvent | HBR | Innovation & Strategy - I&S Lab | Scoop.it
Detecting marketplace “fault lines” is the key to building the case for preemptive change.
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How to reboot your corporate culture into an innovation culture | Quartz

How to reboot your corporate culture into an innovation culture | Quartz | Innovation & Strategy - I&S Lab | Scoop.it

While startups have the luxury of building values and culture from scratch, existing companies that want to (re)start corporate innovation must reboot an existing—and at times deeply rooted—corporate culture.

ChristopheMascarin I&S Lab's insight:

For innovation to happen by design—not by exception—companies need to hack their corporate culture. Which requires careful, calculated, and coordinated processes with HR and Finance.

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6 building blocks for creating a high-performing digital enterprise | McKinsey

6 building blocks for creating a high-performing digital enterprise | McKinsey | Innovation & Strategy - I&S Lab | Scoop.it
Digitization affects almost everything in today's organizations, which makes capturing its benefits uniquely complex. Here are the most important aspects that winning companies consider. A McKinsey & Company article.

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Question What You “Know” About Strategy

Question What You “Know” About Strategy | Innovation & Strategy - I&S Lab | Scoop.it

Say you are competing in a fast-growing industry. How much do you care about profits versus market share?

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Vijay Govindarajan: Why most companies fail at innovation?

http://enviableworkplace.com/vijay-govindarajan-why-most-companies-fail-at-innovation/ We've all been there: The company realizes that it needs to prepare fo...
ChristopheMascarin I&S Lab's insight:

"The main CHALLENGE: Creating a TEAM! As though it is a startup. That means recruiting people from the outside. Creating a different culture. Different system. Different process. Different capabilities. Most of the existing organizations do not like to create that different organization."

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Why innovation is so hard | Fortune

Why innovation is so hard | Fortune | Innovation & Strategy - I&S Lab | Scoop.it
Most business leaders don’t understand what makes innovation so different from everything else they do at work -- and they haven’t adjusted their behavior to accommodate these differences.

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The eight essentials of innovation | McKinsey

The eight essentials of innovation | McKinsey | Innovation & Strategy - I&S Lab | Scoop.it
Strategic and organizational factors are what separate successful big-company innovators from the rest of the field. A McKinsey Quarterly article.
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