Innovation and Change
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The Final Key to Innovation: Understanding the Law of Execution

The Final Key to Innovation: Understanding the Law of Execution | Innovation and Change | Scoop.it

Innovation can sometimes seem totally intangible. It’s easy enough to come up with an idea that you believe will change the world, or at least your industry. It is putting that idea into action that becomes another ballgame. Developing a real product or service that can be sold or put into practice is a daunting task.

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Innovation, Change, and the Rest of Your Life – ThinkGrowth.org

Innovation, Change, and the Rest of Your Life – ThinkGrowth.org | Innovation and Change | Scoop.it

I’ve seen the Valley grow from Sunnyvale to Santa Clara to today where it stretches from San Jose to South of Market in San Francisco. I’ve watched the Valley go from Microwave Valley, to Defense Valley, to Silicon Valley, to Internet Valley. And to today, when its major product is simply innovation. And I’ve been lucky enough to watch innovation happen not only in hardware and software but in Life Sciences — in Therapeutics, Medical Devices, Diagnostics, and now Digital Health. 


I’ve been asked to talk today about the future of Innovation — typically that involves giving you a list of hot technologies to pay attention to — technologies like machine learning. The applications that will pour out of this just one technology will transform every industry — from autonomous vehicles to automated radiology/oncology diagnostics.

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A five-step formula for fostering a culture of innovation

A five-step formula for fostering a culture of innovation | Innovation and Change | Scoop.it

The Holy Grail these days is a “culture of innovation”. Everybody wants one. Nobody quite knows what it is or how to arrange it for their firm.

Soren Kaplan, a consultant based in San Francisco and affiliated professor at University of Southern California’s Marshall School of Business, agrees with the desire for a culture of innovation. Indeed, he believes it’s crucial, arguing competitive advantage is transitory – it will inevitably be challenged. The only sustainable competitive advantage is a culture of innovation.

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Why open borders are crucial for innovation

Why open borders are crucial for innovation | Innovation and Change | Scoop.it

American innovation has been the envy of the world for the last century. Our ability to discover scientific breakthroughs, invent disruptive technologies and build successful companies that make those advances broadly available has been unparalleled. This creativity is the product of a culture that is uniquely open to new ideas, that encourages and rewards risk taking, that values people for what they achieve, not where they come from. It is also the result of a constant supply of talented people from outside the United States, many of whom came to this country seeking world-class education and an open society where they could thrive.

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How Employee Diversity Promotes Business Innovation | Innovation Management

How Employee Diversity Promotes Business Innovation | Innovation Management | Innovation and Change | Scoop.it

Lack of diversity among employees hurts a company’s ability to innovate and remain competitive. Diversity - both inherent and acquired - naturally drives innovation through team members’ different abilities to spot gaps, solutions, and opportunities; to avoid groupthink; and to reach clients and customers who were inaccessible before.

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Focusing on flawless execution Is destroying innovation at your company | SmartBrief

Focusing on flawless execution Is destroying innovation at your company | SmartBrief | Innovation and Change | Scoop.it

In a startup’s early days, innovation is the name of the game. But once companies gain size and recognition, they go into maintenance mode, unwilling to let new approaches take hold. When the CEOs of these larger corporations do seek innovation or change, they expect a seamless execution. 


Here’s the problem: There is no such thing as flawless execution of innovation. Change and disruption, by their very nature, are messy endeavors. If an idea makes perfect sense, someone’s already done it.

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Five Ways People In Leadership Positions Cripple Innovation And Weaken Their Company Cultures

Five Ways People In Leadership Positions Cripple Innovation And Weaken Their Company Cultures | Innovation and Change | Scoop.it

People in leadership positions have their ways of making clear to employees that they shouldn't bother innovating, although they'll never flat-out say “we don’t want innovation around here.” The result, of course, is to weaken and stifle the culture of the company in question. Here are five particular ways that companies squelch innovation, that I come across as a consultant when I’m working on innovation and company culture.

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4 Steps to Cultivating an Innovation Mindset in Your Organization

4 Steps to Cultivating an Innovation Mindset in Your Organization | Innovation and Change | Scoop.it

In my work as a marketing consultant, I’m exposed to organizations of all sizes and manners of thinking.

Over time, I’ve developed a pretty keen sense of whether or not my efforts will be successful, and one of the biggest red flags that tells me I’m in trouble is hearing this phrase: “That’s the way we’ve always done things.”

I can’t think of a single sentence that’s more antithetical to growth and innovation than the blind acceptance that some things can’t be changed within an organization.

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The Frustrated Innovation Team: What Should They Do? | Innovation Management

The Frustrated Innovation Team: What Should They Do? | Innovation Management | Innovation and Change | Scoop.it

Many executives talk a lot about innovation, but they don't really know how to make it happen. A corporate innovation team asks themselves: How do we "educate" our executives on innovation management and develop stronger corporate innovation capabilities together?


Here you get some of my perspectives on what they should have in mind and do next.

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How To Secure Radical Innovation With A Portfolio Approach

How To Secure Radical Innovation With A Portfolio Approach | Innovation and Change | Scoop.it

There are many ways companies can accelerate and boost their innovation ventures in order to thrive in their "day after tomorrow." The success of each approach will always depend upon its match with the size, culture or structure of the organization. Some seclude their innovation teams to protect them from corporate suffocation. Others use short but highly inclusive sprints to make sure that the entire organization is involved. And a growing group of industry leaders co-create the future with their customers.

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Three (Cheap) Ways Every Company Can Innovate By The End Of This Quarter

Three (Cheap) Ways Every Company Can Innovate By The End Of This Quarter | Innovation and Change | Scoop.it

"Innovation" is a big, abstract target that means different things to different people and companies. It often feels like the name you give after the fact to what you've already accomplished, rather than something you do, through concrete actions, every day.

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10 Interesting Innovations Technology is Making Possible

10 Interesting Innovations Technology is Making Possible | Innovation and Change | Scoop.it

Some future prospective technological innovations that could touch millions of human lives and make them more comfortable.

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Maintaining Innovation

Maintaining Innovation | Innovation and Change | Scoop.it

Recent decades have been characterized by an unprecedented burst of technological innovation, and modern economies have come to depend on continued innovation for competitiveness and growth. What were the factors that had to be in place to create that innovation, and what is needed to maintain it in the future?

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Top 40 Innovation Bloggers of 2016 – Innovation Excellence

Top 40 Innovation Bloggers of 2016 – Innovation Excellence | Innovation and Change | Scoop.it

After a week of torrid voting and much passionate support, along with a lot of gut-wrenching consideration and jostling during the judging round, I am proud to announce your Top 40 Innovation Bloggers of 2016:

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4 Things Your Innovation Efforts Shouldn’t Focus On

4 Things Your Innovation Efforts Shouldn’t Focus On | Innovation and Change | Scoop.it

Differentiation should be a prime motivator of any strategy; firms should always look to find an edge. But too often CEOs find themselves stuck in what I call an innovation plateau. They fall into chronic sameness, an inertia driven by a feeling that they must focus on cost, even cheapness, to remain competitive.

A main indicator of how widespread this plateau has become is the decline in corporate investment in R&D, the invisible infrastructure that supports true innovation. Investment in fundamental science, the R, has dropped from more than 2% of U.S. GDP in the 1970s to 0.78% today. The less science, the fewer ideas for new businesses.

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Why Your Innovation Lab May Be D.O.A.

Why Your Innovation Lab May Be D.O.A. | Innovation and Change | Scoop.it

According to a recent Innovation Management post, Are Corporate Innovation Centers Too Big To Fail?, the number of such centers or labs across the globe jumped from 301 to 456 over the course of the 15 months ending October 2016. This 60%+ increase reflects legacy enterprise efforts to deal with inescapable disruption.

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How to Tell If Innovation Matters to Your CEO – Innovation Excellence

How to Tell If Innovation Matters to Your CEO – Innovation Excellence | Innovation and Change | Scoop.it

Thank the good folks at PWC for their latest survey of executives about innovation.  The new article, optimistically entitled Unleashing the power of Innovation was recently published and surveyed approximately 250 senior executives about innovation.  While interesting, there’s not a lot “new” in the survey, and the authors give away the biggest challenge in the overview, by stating that:
The problem is that while the eyes of the CEO are fixed on innovation, the body of the organisation may not be following. The ‘antibodies’ that inhibit innovation include a culture that sees it as separate from the mainstream operations of the business and is slow to commercialise new ideas.

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The Future of Innovation: Where Creativity Meets Data

The Future of Innovation: Where Creativity Meets Data | Innovation and Change | Scoop.it

Sir Arthur Conan Doyle developed one of the most creative fictional characters of all time, a character that inspires remake after remake in movies, television shows, and books. People can’t get enough of Sherlock Holmes. But the reason that Doyle was able to captivate audiences with Holmes is because of his research and data. He knew what he was writing about inside out, backwards, forwards, and upside down. And because of this, he could use the information to weave some of the most intriguing storylines every written.

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Analytics as a Source of Business Innovation

Analytics as a Source of Business Innovation | Innovation and Change | Scoop.it

The 2017 Data & Analytics Report by MIT Sloan Management Review finds that the percentage of companies deriving competitive advantage from analytics increased for the first time in four years. Incorporating survey results and interviews with practitioners and scholars, the report finds that companies’ increasing ability to innovate with analytics is driving a resurgence of strategic benefits from analytics across industries. The report is based, in part, on MIT SMR’s seventh annual data and analytics global survey, which includes responses from 2,602 business executives, managers, and analytics professionals from organizations located around the world.

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These Are the World's Most Innovative Economies

These Are the World's Most Innovative Economies | Innovation and Change | Scoop.it

Nordic nations dominate the top 15, while South Korea reigns supreme and Russia is dealt a huge blow


Via Skip Boykin
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The Six Systems Thinking Steps to Solve Complex Problems

The Six Systems Thinking Steps to Solve Complex Problems | Innovation and Change | Scoop.it

Systems thinking helps us to explore problems as part of a large system. These six steps can help us achieve systems thinking.


Via june holley, Graham Clark
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What Stops Us from Creating Breakthrough Innovations – Innovation Excellence

What Stops Us from Creating Breakthrough Innovations – Innovation Excellence | Innovation and Change | Scoop.it

Have you ever been part of an innovation project that started off with big ambitions and dreams about coming up with disruptive innovations which are expected to be game-changing and end with a me-too or a watered down incremental innovation to an existing product category?
I have been part of a few such projects which start with much fanfare and later on become run-of-the-mill projects with no breakthrough’s to show for. I was always interested to understand why is this so?

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Six Innovation Leadership Skills Everybody Needs To Master

Six Innovation Leadership Skills Everybody Needs To Master | Innovation and Change | Scoop.it
You don’t need a crystal ball to see that the world of work is changing. According to an important new study from McKinsey Global Institute, almost half the jobs people currently perform have the potential to be automated by currently existing technology. It sort of makes you wonder: what kind of work will be left for humans to do?

The answer: innovation. Clearly, to thrive in this new world of work will require different skill-sets, mindsets, and tool-sets. Chief among them: the need to bring people together as a team. The need to demonstrate deeper empathy. The ability to get new things done.
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How To Make Practical Innovation Sustainable

How To Make Practical Innovation Sustainable | Innovation and Change | Scoop.it

When Richard Branson told an audience of media, entertainment, food, fashion, retail, and healthcare startups that “small businesses are nimble and bold and can often teach much larger companies a thing or two about innovations that can change entire industries,” this serial entrepreneur knew what he was talking about. It was 2014, and the group was pulled together to “thrash out” inspiring visions for the next three decades of business.

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Building a Business That Booms in the Innovation Economy

Building a Business That Booms in the Innovation Economy | Innovation and Change | Scoop.it

Today, no leader can afford to be indifferent to the challenge of engaging employees in the work of creating the future. Engagement may have been optional in the past, but it’s pretty much the whole game today. -Gary Hamel

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4 Things to Think About When Creating Your Innovation Roadmap | Innovation Management

4 Things to Think About When Creating Your Innovation Roadmap | Innovation Management | Innovation and Change | Scoop.it

This time of year is full of meetings with leadership and teams in order to help them prepare for the year ahead. People discuss financial goals, sustainability goals, profitability targets, customer success metrics, and more, but there are also numerous research & development teams out there who are coordinating their annual innovation strategy who struggle in their process to create a cohesive innovation strategy.

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