As part of their innovation strategies, large companies are looking to start and scale new corporate ventures, but the success rate is low. Companies can use ecosystem-thinking to stimulate radical startups and carefully scale up these embryonic businesses to generate new growth. The article discusses how the Institute for Manufacturing at Cambridge University approaches can … Read more
Innovation
The Business Case for Hiring an Innovation Consultant
Why you should consider hiring an innovation consultant and how to convince your boss and peers of your wisdom. 8 minute read You’re already a leader in a significant business but how would you explain that you need innovation consulting advice to your boss, your peers, your staff, or yourself for that matter? The first … Read more
How to sharpen your technology strategy saw
12 minute read Assemble the best tools to create a sharper technology strategy that will drive better decisions to support innovation in business create greater buy-in and boost return on investment. For science and technology-intensive businesses, technology is a critical enabler for innovative solutions in its chosen markets. Technology for us means science, engineering and … Read more
Strategic Roadmapping: The essential tool that innovators can’t do without (and shouldn’t even try)
Connecting all of the pieces in your innovation engine is a hard problem. You need a guide. Strategic roadmapping links the why of innovation to the value to the enablers and capabilities over the horizon of opportunity. John is an SVP of engineering for a large rolling stock manufacturer supplying the rail sector and is … Read more
Selecting Ideas for Innovation
High-potential innovation ideas are critical to high innovation performance in companies. Better ideas drive superior financial returns such as revenue and profitability. Better ideas for innovation also delight customers, enable first-mover advantage and build a positive reputation in the market. Innovation means new and valuable offering that will be appreciated by a customer and for … Read more
