Comments for innovationfixer.com

Comment on Is Your Innovation Rooted in Strategy? by Jerry

Jerry — Tue, 20 Dec 2011 17:19:57 +0000

It doesn’t have to be an innovation activity for any of this to be true. It could just be some incremental improvement or someone’s pet project that gets propped up by “strategic reasons”.

Comment on Innovation – Urgent or Important? by Navin Kunde

Navin Kunde — Thu, 01 Sep 2011 16:35:07 +0000

Excellent article – nicely sums up something we struggle with every day – finding the “balance” between outside and inside, urgent and important, today and tomorrow.

Comment on Open Innovation and IP – What’s Your Policy? by david simoes-brown

david simoes-brown — Wed, 15 Jun 2011 10:38:32 +0000

Good run-through the main issues and nice idea about ownership reverting back from the licensee.
I would like to think that IP is becoming less relevant for OI for three reasons:
1. Often, value accrues from delivery not ownership, especially in services, 80% of the UK economy
2. Much profit and share comes from speed to market rather than tying up IP.
3. There are lots of hybrid business models emerging that are more more suited to OI

Comment on Trust and Open Innovation by Open Innovation and IP – Protecting Trade Secrets | innovationfixer.com

Mon, 06 Jun 2011 13:18:32 +0000

[...] Disclosure clauses in your agreement, and only doing this with a partner you can trust (see this blog for more about Open Innovation and trust). But what if this restricts the ability of one of the [...]

Comment on Do Challenging Targets Drive Innovation? by Jorge Barba

Jorge Barba — Mon, 04 Apr 2011 05:33:14 +0000

Hi Kevin,

Thanks for the response. Setting targets is tricky but I get your suggestion.

Thanks again,

Jorge

Comment on Do Challenging Targets Drive Innovation? by admin

admin — Thu, 31 Mar 2011 20:18:44 +0000

For incremental innovation, let’s say your market is projected to grow at x%, then you set targets for innovation-derived growth of x+%. For disruptive challenges, the stretch can be set by the size of the revenue target, the time to market needed, or the customer response. In each situation, you should take the benchmark and add a stretch. This principle forces teams to think differently and really change their approach.

Of course the context has to come from the company and industry in which it operates, but the principle still holds.

Thanks

Kevin

Comment on Do Challenging Targets Drive Innovation? by Jorge Barba

Jorge Barba — Wed, 30 Mar 2011 20:14:36 +0000

I know every company is different and has a different strategy (hope so!) but what do the typical targets you mention look like?

These are type of questions I get asked about but kind of hard to give a specific answer.

Thanks,

Jorge

Comment on Do Challenging Targets Drive Innovation? by admin

admin — Wed, 30 Mar 2011 15:30:20 +0000

Hi Jorge,

I think challenging targets can apply to both incremental and disruptive innovation. The difference is that with the former, the targets are set in the context that everyone understands about sales, categories, go-to-market strategy, competitors etc. With disruptive innovation, the target is a “big hairy audacious goal” where the context is changed as well.

Thanks for the comment.

Kevin

Comment on Do Challenging Targets Drive Innovation? by Jorge Barba

Jorge Barba — Mon, 28 Mar 2011 15:53:06 +0000

Hi Kevin,

Thanks for the pointer.

Agreed on all counts. I also think stretch targets should be based on a problem that is being addressed incrementally. For example internal challenges, customer problems and your/another industries issues.

Daunting tasks no doubt.

Thoughts?

Cheers,

Jorge

Comment on Innovation and Football (Soccer) by The connection between innovation and football – they both require balls | sticK – science, technology, innovation & commercialisation KNOWLEDGE

Thu, 24 Feb 2011 20:21:06 +0000

[...] The writer’s passionate about sport, particularly football, and loves the use of sporting analogies and aphorisms business. The original article is here. [...]