Insights From Innovation Roundtable Summit 2019

Insights From Innovation Roundtable Summit 2019

Innovation management takeaways from a recent conference include insights on turning data into business value, empowering employees through innovation programs, experimenting your way forward with agile principles, defining your North Star Metric for accelerating growth, embracing failure, and building innovation ecosystems. Speakers from Philips Healthcare and Siemens AI Lab noted the importance of setting up an innovation ecosystem and using agile sprints to identify use cases for AI. Adobe's Kickbox innovation program engaged over 1000 partners to empower employees to lead their own ideas. Spotify's Director of Engineering shared insights on transparency and customer experience-focused innovation. IKEA is shifting to a new operating model with sustainability and digitalization at its core while transforming the company to close the sustainability and digitalization loop. Finally, Cisco created a sustainable innovation ecosystem with a company-wide startup culture through its Innovate Everywhere Initiative.

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More Innovation Resources:

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Will you shape innovation, or will it shape you?

Are we losing sight of the power of innovation? This article warns against complacency and suggests we need to encourage creativity and innovation in order to unlock new possibilities.

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Digital Ideation: The 6 Success Factors

Digital Ideation: The 6 Success Factors

To optimize digital ideation, six key factors are important: barriers of time, place, and people; setting a deadline; setting goals; engaging people; good communication; and anonymity.

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Business Restoration – 5 Strategy Principles from “American Restoration”

Business Restoration – 5 Strategy Principles from “American Restoration”

Business restoration projects require careful planning and decision-making to turn old products, programs, or processes into valuable assets once again. Follow these five key principles to ensure a successful restoration strategy.

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