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Author: Munther Al Dawood Publisher: Munther Al- Dawood ISBN: Category : Business & Economics Languages : en Pages : 270
Book Description
Why does this book matter? I have spent months thinking about innovation and how to reach it, finding this task challenging to get references that are easy to understand and practice to make innovation. For many people, there is a lot of misconception about innovation and how to develop it, making this book a valuable resource to guide you to reach innovation and specifically answer the following questions: 1. What is the concept of innovation? Innovation is creative thinking and practical creativity to make novel ideas that bring significant value to customers and companies. Innovation comes in a variety of outcomes as new or improved products, invented or upgraded processes, enhancement of customer experience, marketing activities, or breakthrough technology. Besides, innovation is vital to both customers and businesses as it enhances the value propositions, improves product design and usability, reduces costs, and increases customer experience, yet it leads to business profitability and sustainability. 2. What is the framework of innovation? One of the book's merits is designing a comprehensive framework for innovation, explaining four key subjects of innovation: inputs, processes, outputs, and control. This framework enables readers to understand innovation flows and requirements. Innovation inputs include vision, strategy, leadership, resources, system, and disciplined culture. Innovation processes include inspiration, synthesis, ideating and experimenting, and implementation. Innovation outputs cover three spaces relevant to customers, businesses, and technology. Innovation control involves aligning, monitoring and controlling, quality checks, testing, and assessment. 3. What are the types of innovation? There are many types of innovation, although they all share the same concept of innovation attributed to novelty and value advantages. Innovation comes in different types like lifecycle categories, disruptive, incremental, product, process, business model, configuration, customer experience, and open and closed model of innovation. 4. How do you diffuse a business innovation? The diffusion of technological innovation explains how innovation rollouts in the market. In the technology lifecycle, an innovation product begins as a breakthrough technology developed by techies, then diffused to the market as technology products and applications by early adopters. Then, these technology products are transformed into innovation platforms by the early majority, followed by slowing down the growth rate of revenues and reaching maturity, encouraging late majorities to involve sustainable innovation to improve customer experience and operational excellence. Last, the cycle reaches a maturity where laggards involve in renewal activities of innovation. 5. How can you design a business model for innovation? A business model explains how a firm creates, delivers, and captures values. A business model typically identifies three elements: value creation, transaction, and resources. The book discusses various kinds of business models and proposes criteria for the assessment of business models. The book also draws a new business model for innovation that comprises eight business elements: (1) customer segment, (2) customer-value fit, (3) commercializing, (4) activities, (5) resources, (6) partnership, (7) profitability, and (8) measurement. 6. What are the best practices and models of innovation? The book illustrates (29) best practices and models of innovation like lean start-up thinking, blue ocean strategy, business model Canvas, good-to-great thinking, design thinking, job-to-do thinking, SPRINT, open innovation, and more.
Author: Munther Al Dawood Publisher: Munther Al- Dawood ISBN: Category : Business & Economics Languages : en Pages : 270
Book Description
Why does this book matter? I have spent months thinking about innovation and how to reach it, finding this task challenging to get references that are easy to understand and practice to make innovation. For many people, there is a lot of misconception about innovation and how to develop it, making this book a valuable resource to guide you to reach innovation and specifically answer the following questions: 1. What is the concept of innovation? Innovation is creative thinking and practical creativity to make novel ideas that bring significant value to customers and companies. Innovation comes in a variety of outcomes as new or improved products, invented or upgraded processes, enhancement of customer experience, marketing activities, or breakthrough technology. Besides, innovation is vital to both customers and businesses as it enhances the value propositions, improves product design and usability, reduces costs, and increases customer experience, yet it leads to business profitability and sustainability. 2. What is the framework of innovation? One of the book's merits is designing a comprehensive framework for innovation, explaining four key subjects of innovation: inputs, processes, outputs, and control. This framework enables readers to understand innovation flows and requirements. Innovation inputs include vision, strategy, leadership, resources, system, and disciplined culture. Innovation processes include inspiration, synthesis, ideating and experimenting, and implementation. Innovation outputs cover three spaces relevant to customers, businesses, and technology. Innovation control involves aligning, monitoring and controlling, quality checks, testing, and assessment. 3. What are the types of innovation? There are many types of innovation, although they all share the same concept of innovation attributed to novelty and value advantages. Innovation comes in different types like lifecycle categories, disruptive, incremental, product, process, business model, configuration, customer experience, and open and closed model of innovation. 4. How do you diffuse a business innovation? The diffusion of technological innovation explains how innovation rollouts in the market. In the technology lifecycle, an innovation product begins as a breakthrough technology developed by techies, then diffused to the market as technology products and applications by early adopters. Then, these technology products are transformed into innovation platforms by the early majority, followed by slowing down the growth rate of revenues and reaching maturity, encouraging late majorities to involve sustainable innovation to improve customer experience and operational excellence. Last, the cycle reaches a maturity where laggards involve in renewal activities of innovation. 5. How can you design a business model for innovation? A business model explains how a firm creates, delivers, and captures values. A business model typically identifies three elements: value creation, transaction, and resources. The book discusses various kinds of business models and proposes criteria for the assessment of business models. The book also draws a new business model for innovation that comprises eight business elements: (1) customer segment, (2) customer-value fit, (3) commercializing, (4) activities, (5) resources, (6) partnership, (7) profitability, and (8) measurement. 6. What are the best practices and models of innovation? The book illustrates (29) best practices and models of innovation like lean start-up thinking, blue ocean strategy, business model Canvas, good-to-great thinking, design thinking, job-to-do thinking, SPRINT, open innovation, and more.
Author: Paul Sloane Publisher: Kogan Page Publishers ISBN: 0749463147 Category : Business & Economics Languages : en Pages : 240
Book Description
Open innovation and crowd sourcing are the hottest topics in strategy and management today. The concept of capturing ideas in a hub of collaboration, together with the outsourcing of tasks to a large group of people or community is a revolution that is rapidly changing our culture. A Guide to Open Innovation and Crowdsourcing explains how to use the power of the internet to build and innovate in order to introduce a consumer democracy that has never existed before. If a business fails to embrace it, it is at risk of being left behind. Written by an international team of eminent thinkers, writers and practitioners in the field, A Guide to Open Innovation and Crowdsourcing covers the definition of open innovation, how to manage virtual teams and co-create with customers, how to overcome legal and IP issues and common mistakes and pitfalls to avoid. With corporate case studies and best practice advice, A Guide to Open Innovation and Crowd Sourcing is a vital read for anyone who wants to find innovative products and services from outside their organizations, make them work and overcome the practical difficulties that lie in the way.
Author: George Krasadakis Publisher: Springer Nature ISBN: 3030451399 Category : Business & Economics Languages : en Pages : 316
Book Description
This book presents unique insights and advice on defining and managing the innovation transformation journey. Using novel ideas, examples and best practices, it empowers management executives at all levels to drive cultural, technological and organizational changes toward innovation. Covering modern innovation techniques, tools, programs and strategies, it focuses on the role of the latest technologies (e.g., artificial intelligence to discover, handle and manage ideas), methodologies (including Agile Engineering and Rapid Prototyping) and combinations of these (like hackathons or gamification). At the same time, it highlights the importance of culture and provides suggestions on how to build it. In the era of AI and the unprecedented pace of technology evolution, companies need to become truly innovative in order to survive. The transformation toward an innovation-led company is difficult – it requires a strong leadership and culture, advanced technologies and well-designed programs. The book is based on the author’s long-term experience and novel ideas, and reflects two decades of startup, consulting and corporate leadership experience. It is intended for business, technology, and innovation leaders.
Author: Gregory C. McLaughlin DBA Publisher: CRC Press ISBN: 1498721583 Category : Business & Economics Languages : en Pages : 258
Book Description
This book provides a roadmap for successful implementation of innovation for organizations working as subcontractors or suppliers for the federal government. With a focus on the federal sector, it details tools and processes that can make significant improvements in how the federal sector handles innovation opportunities. Presenting insights that can help readers bridge the gap between supplier and customer, the book includes many examples and a case study that illustrate the application of the methodology. It also includes process flowcharts, tools, and strategies for innovation within an agency or organization.
Author: Frank Voehl Publisher: CRC Press ISBN: 1351645285 Category : Business & Economics Languages : en Pages : 474
Book Description
The innovation infrastructure and master plan described in this book offers a detailed and comprehensive approach to one of the most difficult and challenging problems facing entrepreneurs involved in innovation at any scale enterprise: the problem of how to govern your organization’s innovation initiatives in the middle of turbulent change. Progress in any field requires the development of a framework, a structure that organizes the accumulating knowledge, enables people to master it, and unifies the key discoveries into a set of principles that makes them understandable and actionable. For starters, successful innovation requires an integrated design process, beginning with integration in the design of the enterprise, the design of the product, along with the design and implementation of new technologies. Such an integrated design effort requires good collaboration and management of the design framework, and should be supported by efficient knowledge management techniques and tools; If innovation is to help a business grow and improve its competitiveness, it is also important to plan the innovation carefully. This book provides a holistic, multidisciplinary framework that will enable your organization and its leaders to take a strategic approach to innovation. The framework combines non-traditional, creative approaches to business innovation with conventional strategy development models. The framework model brings together perspectives from many complementary disciplines: the non-traditional approaches to innovation found in the business creativity movement; multiple-source strategy consulting; the new product development perspective of many leading industrial design firms; qualitative consumer/customer research; future-based research found in think tanks and traditional scenario planning; and organizational development (OD) practices that examine the effectiveness of an organization’s culture, processes, and structure. Though some ideas may just "fall from the sky" or "come out of the blue", an organization should also have a strategic vision of how the business and the enterprise will successfully develop. It should not just wait for the innovation to arrive arbitrarily, but rather proactively plan for innovation incorporating market trends, the competitive landscape, new technology availability, and changes in customer preferences and trends in order to create a flexible in-house innovation process. Such an enterprise will also pro-actively manage the knowledge supply chain that supports innovation, as outlined in this book #7 of Management Handbook for Results series. The framework outlined in this handbook consists of a well-integrated cohesive set of practices that inspires imaginative innovation teams to look beyond the obvious and explore a broad range of possibilities to identify significant opportunities and make informed decisions about the most promising paths to pursue. The goal is to create a shared vision for growth, along with defining pragmatic action plans that bridge from the future back to the present, while attempting to align the organization around the requirements for success.
Author: Kaihan Krippendorff Publisher: Columbia University Press ISBN: 0231548362 Category : Business & Economics Languages : en Pages : 345
Book Description
Conventional business wisdom tells us that entrepreneurs are society’s main source of innovation. Young founders leave college with a big idea, get to work in a garage, and build something that changes the world. Typical corporate employees, strangled by slow-moving bureaucracy, are blocked from making transformative discoveries. In Driving Innovation from Within, strategist and advisor Kaihan Krippendorff disproves one of today’s biggest business myths to highlight lessons for innovators and leaders. He reveals how many of the modern world’s most impactful creations were invented by passionate employee innovators. If it were left up to go-it-alone entrepreneurs, we would not have mobile phones, personal computers, or e-mail. Distilling more than 150 interviews with internal innovators and leading experts along with insights from the latest research and today’s most successful companies, from Tencent and Amazon to Mastercard and Starbucks, Krippendorff lays out a step-by-step playbook to unlock innovation from the inside. He maps the barriers that frustrate efforts to disrupt from within and provides tools to remove them, detailing how visionary leaders can create islands of freedom inside an organization to activate existing employees’ potential and beat startups at their own game. Driving Innovation from Within is a practical and inspiring guide to leadership from all levels for those who want the fulfillment of changing the world without leaving their job in order to do it.
Author: Jeff DeGraff Publisher: Ballantine Books ISBN: 0345530705 Category : Self-Help Languages : en Pages : 222
Book Description
In today’s frenetic, uncertain world, the “same old, same old” routines are perfect ways to go nowhere fast. What has worked for you before—professionally or personally—no longer gets results. Whether you’ve been downsized, reached the end of a long relationship, or found yourself questioning where you are in life, it’s clear you need to change. To innovate. Make it new. Make yourself new. Now, in this invaluable book, the world-renowned “Dean of Innovation,” Jeff DeGraff, shares his tried-and-true techniques on how to reinvent yourself—creatively and with maximum impact. Innovation You reveals DeGraff’s unique four-step program to bolster your ingenuity and remake your life. From forging ahead in a new career to losing weight to finally pursuing that long-held dream, DeGraff’s strategies are effective and easy to follow. Inside you will learn to • Rethink Innovation: Find ways to think outside the box, seek out diverse opinions, and pay attention to the next great trend. • Rethink Your Approach: Use the Competing Values Framework to identify your natural innovation profile—do you compete, collaborate, create, or control?—and then deliberately draw from the other styles to augment your usual tactics. • Rethink Your Methods: Put your reinvention plan in motion—set specific, realistic, and meaningful targets, cultivate relationships with relevant mentors and experts, and try alternate methods to achieve your goals. • Rethink the Journey: Understand that innovation is a process and that progress comes in cycles rather than a quick straight line. Accept uncertainty, question assumptions, and acknowledge areas where you can improve. Full of invigorating ideas, engaging anecdotes, practical wisdom, and inspiring success stories, Innovation You is your personal road map to reach your highest potential—and experience a bold new way of living.
Author: William Duggan Publisher: Columbia University Press ISBN: 0231160534 Category : Business & Economics Languages : en Pages : 178
Book Description
William DugganÕs 2007 book, Strategic Intuition, showed how innovation really happens in business and other fields and how that matches what modern neuroscience tells us about how creative ideas form in the human mind. In his new book, Creative Strategy, Duggan offers a step-by-step guide to help individuals and organizations put that same method to work for their own innovations. DugganÕs book solves the most important problem of how innovation actually happens. Other methods of creativity, strategy, and innovation explain how to research and analyze a situation, but they donÕt guide toward the next step: developing a creative idea for what to do. Or they rely on the magic of ÒbrainstormingÓÑjust tossing out ideas. Instead, Duggan shows how creative strategy follows the natural three-step method of the human brain: breaking down a problem into parts and then searching for past examples to create a new combination to solve the problem. ThatÕs how innovation really happens. Duggan explains how to follow these three steps to innovate in business and any other field as an individual, a team, or a whole company. The crucial middle stepÑthe search for past examplesÑtakes readers beyond their own brain to a Òwhat-works scanÓ of what others have done within and outside of the company, industry, and country. It is a global search for good ideas to combine as a new innovation. Duggan illustrates creative strategy through real-world cases of innovation that use the same method: from Netflix to Edison, from Google to Henry Ford. He also shows how to integrate creative strategy into other methods you might currently use, such as PorterÕs Five Forces or Design Thinking. Creative Strategy takes the mystery out of innovation and puts it within your grasp.
Author: Scott D. Anthony Publisher: Harvard Business Press ISBN: 1422171728 Category : Business & Economics Languages : en Pages : 298
Book Description
Innovation may be the hottest discipline around today, in business circles and beyond. And for good reason. Innovation transforms companies and markets. It is the key to solving vexing social problems. And it makes or breaks professional careers. For all the enthusiasm the topic inspires, however, the practice of innovation remains stubbornly impenetrable. No longer. In this book the author draws on stories from his research and field work with companies like Procter & Gamble to demystify innovation. He presents a simple definition of innovation, breaks down the essential differences between types of innovation, and illuminates innovation's vital role in organizational success and personal growth. This unique hybrid of professional memoir and business guidebook also provides a powerful 28-day program for mastering innovation's key steps: (1) Finding insight, (2) Generating ideas, (3) Building businesses, and (4) Strengthening innovation prowess in workforces and organizations. Using several illustrative case studies and vignettes from a range of companies around the globe, this playbook teaches people how to turn themselves or their companies into true innovation powerhouses.
Author: Munther Al Dawood
Author: Munther Al Dawood
Author: Graham Leicester
Author: Paul Sloane
Author: George Krasadakis
Author: Gregory C. McLaughlin DBA
Author: Frank Voehl
Author: Kaihan Krippendorff
Author: Jeff DeGraff
Author: William Duggan
Author: Scott D. Anthony