Leading New Technologies Into Profitable Busines Models
Coined by Steve Blank, the term innovation theater has been gaining traction lately.
As with all popular terms, we may be reaching the peak of inflated expectations on the hype cycle, with a lot more people using the term without fully understanding what it really means. Keep reading here.
In this episode of the Idea to Value Podcast, we speak about what it takes to create an invincible company, with a particular emphasis on the importance of a balanced innovation portfolio.
Interested in this topic and have a bit less than half an hour time? Follow this link to the 25 minutes podcast.
Innovation consulting is the practice of training teams to design new business models and profit centers for companies.
Interested? Read the story here.
A lot of work is put into ideas that never make it past the day of the event.
Hackathons are a perfect example of “innovation theatre”. Have path for “after the Hackathon” and drive things though. Keep reading here.
Two videos from IMD Business School on the Business Model Canvas.
Alex Osterwalder runs through the tool as well as the common pitfalls when it comes to innovation. Got interested? Follow this link!
Innovation managers need to build frameworks that are useful for making decisions.
Without that basis in strategy, any portfolio map is an academic waste of time at best, and innovation theatre at worst. Keep reading here.
Innovation activities in government agencies most often result in innovation theater.
While these activities shape and build culture, they don’t win wars, and rarely deliver shippable or deployable products. Read the story here.
Building an innovation ecosystem requires developing capabilities for exploring new ideas, experimentation, accepting failure, and working with external partners.
Leveraging talent both inside and outside of the company, is the best way to respond to a competitive, ever-changing environment. Folllow this link to read the full story.
Recent research suggests that more women in top jobs equals greater innovation for firms.
A theory suggests that creativity flourishes when a diverse group of people works together. Keep reading here.
We need to make significant investments into our innovation infrastructure.
It’s time to upgrade. Read full story here.