Another interesting article from MIT Sloan Review discusses how to develop unique strategies and plans. The article points out that many organizations follow strategic frameworks taught in business schools to formulate their strategies. …many deploy frameworks and models from the strategist’s toolbox — industry analysis, market segmentation, benchmarking and outsourcing. By jumping straight to generic game
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Phased development with gate reviews has delivered many benefits to product development organizations. This process ensures business perspective is incorporated into product development. Gate reviews are generally led by senior managers. Their engagement drives organizational consensus and resource commitment. Gate reviews also guide the organization away from risky endeavors by focusing on predictability and return
The article “Why Is Innovation So Hard?” outlines cultural challenges that prevent innovation from taking root. As we have discussed many times, development of disruptive capabilities can often fail to achieve their intended results. This means that in order to innovate we need to change our attitude toward failures and mistakes. Contrary to what many
Alphabet’s (Google) Project Loon team has an interesting blog post with some interesting thoughts for R&D managers trying to develop disruptive innovations or moonshots. When you set out to explore a brave, new, weird place that no one’s ever explored before, you bring along a list of things you hope are true and right. And
The McKinsey Quarterly article How centered leaders achieve extraordinary results has five pointers to become more effective leaders: Meaning: Find and communicate what the work actually means. When building momentum around long-term R&D strategies, stories on how the product will impact the customer is extremely important. Using effective stories can generate team ownership in the vision (Steve
A couple of articles in the Oil and Glory blog describe innovation at Bell Labs (Book Review: Jon Gertner’s “The Idea Factory” and What Obama could learn from Bell Labs). Bell Labs, as the article points out, delivered many of the innovations that made modern devices possible: “The name Bell Labs is synonymous with cutting-edge invention, winning
I have been meaning to write about development and cancellation of Courier, an innovative tablet concept from Microsoft. The c|net article on the subject provides quite a bit of useful information – both about innovation management best practices and some opportunities for improvement. Courier was developed at Microsoft’s Skunkworks (Pioneer Studios). They invested quite a bit of
I have seen many a new ventures flounder because of a lack of focus, a clear plan and a cohesive culture. In the battle to get revenues and become cash flow positives, many entrepreneurs get far away from what they intended to build. Here are three V’s to keep ourselves on track and help us
The New Scientist had an article about questioning culture in organizations Living in denial: When a sceptic isn’t a sceptic: “ A climate denier has a position staked out in advance, and sorts through the data employing ‘confirmation bias’ – the tendency to look for and find confirmatory evidence for pre-existing beliefs and ignore or dismiss