Innovation Learnings

Insights and lessons learned from innovation practices, including successes, failures, and continuous improvement strategies. What great insights do you need to understand innovation? Before applying specific innovation tools, check out this section with tips on how to innovate and great examples.

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Understanding

Ability to see the difference or similarities between things; perception; cognition.

Theories

A concept, framework, or explanation that corresponds with a set of known facts to describe or illustrate a specific phenomenon.

Thomas Edison

Inventor of the first practical electric light bulb, Thomas Edison revolutionized the world with numerous breakthroughs.

Stanford

Stanford is a private research university in Stanford, California. It was founded in 1885 by Leland and Jane Stanford in memory of their only child, Leland Stanford Jr.

Skill Development

Skill development is about identifying, improving, and promoting your capabilities and expertise in a certain area.

Retrospectives

Retrospectives are meetings where teams reflect on a specific period’s events, discussing what worked well, and what could be improved.

Quotes

Quotes are a list of solutions, services or products and prices to fulfill a project plan, this is available in any stage of the Idea-to-Portfolio Process.

Pretotyping

A technique used by design thinkers to quickly test innovative ideas.documentation suggestions@author-based

Pitfalls

Pitfalls - An innovation project is not an easy task and requires a lot of energy, time, and money. On this long path to create/launch a new product or service, several things can go wrong

Peter Drucker

Peter Drucker was a writer, professor, management consultant, and self-described “social ecologist” who explored the way human beings organize themselves and interact. Drucker is best known for his innovative understanding or management and leadership.

Peer Learning

Learning from one another. That’s the best way to describe the term peer learning!

Mistakes and Errors

Erroneous assumptions, problem definitions, and solution hypotheses that are made in innovation and change initiatives.

Limitations

The restricting conditions, rules, and boundaries within which something can be developed.

Lessons Learned

A common perspective in Lean Agile methods to continuously improve by capturing learning from past experiences.

Kaizen

Kaizen entails the continuous practice of incrementally improving products, processes or services over a period of time.

Jeffrey Phillips

An authority on innovation who has expressed his passion for driving innovation and entrepreneurship in modern business.

Inventors

Individuals who innovate and develop new products or ideas. In any context, inventor is always someone who helps bring something new to life.

Innovation Training

Innovation Training: Programs that enhance skills for creating and implementing new, value-driven ideas within an organization.

Innovation Lessons

Innovation Lessons: Key takeaways from past initiatives that inform and improve future innovation processes and strategies.

Innovation History

Innovation History is the chronological study of transformative ideas, products, and processes that have shaped industries and society.

Innovation Failures

Innovation failures are unsuccessful attempts to bring new ideas to market, often leading to valuable lessons and future improvement.

Innovation Failure

Innovation failure: When an attempt to create value through novelty does not meet desired outcomes, lacking adoption or commercial success.

Follow Up

Follow Up: The act of engaging further after an initial interaction to advance a task or relationship towards a desired outcome.

Failure

Failure: An expected outcome where a process or idea falls short of its goals, providing valuable learning opportunities for future innovation.

Fail Fast

Fail fast encourages rapid experimentation to test hypotheses, quickly discard unsuccessful paths, and pivot to successive iterations.

Continuous Learning

Continuous Learning: Ongoing skill and knowledge enhancement for adaptability and growth in a rapidly changing business environment.

Continuous Improvement

Continuous Improvement is the ongoing effort to enhance products, services, or processes for efficiency and effectiveness.