Whenever an Innovation Team must eventually hand off its project to another team somewhere down the road, if they do not first get upfront alignment from this downstream team and its leadership, that downstream team is likely to refuse to own the project, and thus drop it and let it die.
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In order to manage the different stakeholders to a given Innovation Project, the Project Leader must figure out what each stakeholder’s motivations are, and how to thereby leverage those to achieve, overall, what needs to be accomplished.
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The title "Intrapreneur" first appeared in a 1978 paper by Gifford and Elizabeth Pinchot, who defined an Intrapreneur as dreamers who do.
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The third step in the GInI Breakthrough Innovation Method—Oblique Examination—involves both divergent and convergent processes.
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The second step for projects in the Front End is for the team to engage in further exploration and discovery work. This is aimed at gaining additional insights into both the problem space and the solution space they are dealing with.
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Innovation is an acquirable mentality and skillset.
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Because "The Planner" will coordinate the production and delivery of a new offering, they are usually best suited for which phase of innovation work?
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Stage 3 of the GInI InMS is focused on evaluating and selecting new ideas for conversion into Innovation Projects.
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In order to gain insights from the research we undertake and the observations we make, we have to distill down all of that information to figure out what the information is trying to tell us.
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Good Innovation Teams know how to uncover market gaps and turn them into opportunities.
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For projects developing products in the Back End, once final funds are released and capital equipment has been procured, the Operations Team will begin preparations to ready the product for pilot and eventual launch.
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In the fourth step in the GInI Breakthrough Innovation Method—Synthesis & Capture—teams conceptually define and document the details around any number of new solution concepts, including any feature mixes they require.
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A cardinal rule for Project Leaders leading their teams in needfinding is to never pursue innovation for the sake of being innovative. Why is this?
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Design Thinking forces us to "think like a designer" in that it has us constantly in search of better insights.
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For projects in the Mid Zone that pass the final decision gate, they will pass from the Mid Zone to the Back End, where they will enter into a completely different set of activities.
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Brokerage Search is an activity used in Intellectual Property Research in which IP Brokers and Agents are retained to help the business find new patents they can license or buy to use in their business.
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Colloquially, the Front End of Innovation is referred to as Innovation’s First Mile.
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Cross-Industry Lateral Innovation Panels are private groups of businesses from different industries who from time to time host panel sessions together where each business sends one or more leaders to engage with peers on the panel for the purpose of cross-pollinating ideas with one another. This tends to produce highly lateral thinking around different ways of doing things—aka lateral approaches. These individuals then return to their respective organizations and use their new insights as fresh fodder for the Innovation Funnel.
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Several very large businesses have in recent years turned to running campaigns on crowdfunding sites—platforms traditionally reserved for entrepreneurs trying to raise funding to launch modest businesses. The main reason these large businesses use such platforms is that it allows them to market-test some of their more radical innovations by seeing how much attention, excitement, and buzz they generate on these sites.
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A well-developed Opportunity Analysis will uncover for a business both unmet and unarticulated opportunities.
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With experience, Project Leaders learn to structure the work of their projects to ensure the necessary actions are taken to follow a good innovation process.
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Evaluation and Selection often happens at two or more levels. The second level is generally run by executives from across the business.
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Open Innovation is a concept that deals with the strategic philosophy around where and how a business goes about developing and commercializing new innovations.
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The second major step of the Design Thinking process is made of which three action steps?
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