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New Readiness Assessment Tool from EY to Improve Innovation Capabilities

How does the new Readiness Assessment Tool help to generate more and better innovation, as well as faster and cheaper innovations that bring revenues? Apply the assessment tool to your own company to create a common understanding of what holistic innovation management means, to structure, analyze, and measure the innovation potential of your firm, identify areas of improvement, and ultimately to design and implement...

Mind the Gap! 5 Tips on How to Align Your Boss’ Perception of Innovation Maturity with Reality

The Fourth Product Portfolio Management Benchmark Study identified challenges organizations face in speeding innovation to bring products to market. The biggest disconnect appears between middle management and executives as to where the organization is with their innovation maturity. Bridging this gap may be the most important thing you do to improve ROI. Go to Source Tags: Information technology management,...

Do Service Guarantees Guarantee Greater Market Value?

Service guarantees are an important feature of many service offerings because consumers recognize greater risk associated with the purchase of services than with the purchase of goods. Despite substantial service guarantee research in the past two decades though, no extant study has examined the return on service guarantee investments. To fill this gap, the authors examine the effect of a service guarantee on...

Trending: Online Learning Programs to Become More Innovative

Today innovation is no longer “nice to have.” If your organization is going to stay ahead of increasing competition, it’s a “must have.” This is something every CEO will agree with. But how does one increase their innovation capabilities? The good news is that innovation skills can be learned, just like any other discipline. Help us map the options currently available and get a free copy of the IM...

Placing Time on Your Side for Collaborative Innovation

Time represents the persistent, substantive constraint to being effective within an organization. Can you have a moment of a sponsor’s time to share the benefits of collaborative innovation? Does the sponsor and challenge team perceive you as respecting their time once you persuade them to pursue the practice with you? Go to Source No tags for this post....

Knowledge Integration in Distributed Product Development

Research has indicated that small and medium sized firms (SMEs) play an important role in the growth of the economy. However, in order to be able to compete at an international level, most SMEs are bound to work in alliances in order to gather enough knowledge and resources for product and technology development or to be able to penetrate a larger market. Alliances can be formed with different types of actors...

Lessons from Ideation: Where Does User Involvement Lead Us?

Firms are increasingly involving users in new product development (NPD). Their product users frequently provide solution information, such as new product ideas. However, these users are often considered a homogeneous group of ordinary users; their individual abilities and the specific input they provide for NPD are not yet well understood. The goal of this paper is to determine whether different types of users...