Strategy of Innovation vs. Innovation Strategy
Shareholders and board members are demanding a vision for the future and an innovation strategy to get there. This article helps you with innovation definitions!
Blockbuster CEO Jim Keyes said in 2008, Neither RedBox nor Netix are even on the radar screen in terms of competition Holding on to the status quo is not a strategy it's a recipe for drowning in a wave of disruption. Go innovate often translates to go do stuff without any guarantee that the stuff is even relevant in the industry. Just about anything.
When the strategy is innovate, the implementation of that strategy looks a lot like process. All the buzzwords come out to play. The innovation steering committee meets once a quarter. We do our portfolio mapping. We set up a stage gate process for our brand new corporate accelerator.
Pros:
Really interesting article that cuts through the Innovation Jargon and explains some of the key terms you need for your Innovation Strategy.
Cons:
Your account has been created!
You can vote for the resources!
Help others find the best innovation resources by upvoting.
Collections are a way to save and organize resources. Many people use collections to save inspiration for future use or for inspiration. You can create as many collections as you like.
Innovators need your help! Resource reviews help the rest of us make great decisions. Please describe your overall experience with this resource.