Posts Tagged ‘Observe and Measure’

Observation, Measurement, and How They Lead to Sustainable Innovation

The degree in which a company prioritizes sustainable innovation can often become the difference between a successful business and a struggling business. True innovation does more than just meet the immediate exigency of consumers and clients; it anticipates those demands and needs, providing products and/or services that radically changes the landscape of the marketplace. However,…

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Innovation Rankings – Measuring Innovation

Innovation experts love making lists – and we love reading them. I’ll be the first to admit that Fast Company’s “World’s Most Innovative Companies” is one of my favorite annual reports. I’m also a big fan of Forbes’ list which takes into account investor confidence and ranks companies by their innovation premium; the difference between…

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Forecasting Innovation: Observe and Measure for Future Success

When creating innovation, it is vital to set metric goals and track these metrics. One of Robert’s Rules of Innovation, “Observe and Measure,” in terms of the performance of the program implementation, needs to be built-in as a critical and recurring element. Though many companies measure past innovation by studying lagging indicators, Robert reminds us to measure…

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Observe and Measure – Fueling Continuous Improvement

  Of the Ten imperatives of Robert’s Rules of Innovation, Observe and Measure is the step that fuels continuous improvement within your organization.  Without tangible metrics, innovation may not be recognized as successful or overlooked when failing. These metrics allow your company to track your progress and success during each step of the process.  It…

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Innovation Leadership Re-invented.

Innovation is constantly taking place around us, from the mundane and simple, to the abstract and grand. Last night I was watching a video for Samsung’s newest screen prototype, the oled bendable plastic screen under the Youm brand name. This morning I am sitting in a coffee shop using webbeams – free Wi-Fi provided with…

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Sustainable Innovation Metrics

  Of the 10 imperatives of Robert’s Rules of Innovation, Observe and Measure is one of the most vital. Innovation is ultimately about Return on Investment. A system of metrics will objectively show your progress and success each step of the way.   It’s essential to follow a course of action that produces ongoing improvement, and sustainable and…

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Innovation from a “Gemba” perspective

When was the last time you approached your business as a customer? Have you ever placed an order for your own product, and followed its path from start to finish? It may be time to start. It may be time for a Gemba Walk.     Competitive business strategy requires effective planning, development and growth.…

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Supporting the “R” in R&D

When it comes to Research and Development (R&D), a majority of the new product development process involves the “D” from concept to launch. However, the “R” is where most breakthroughs come from – and it is in jeopardy due to recessionary cuts and the short-term pressure for monthly and quarterly results. When companies are laser…

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Five Key Innovation Questions to Ask

There are plenty of reasons to innovate. Especially now more than ever before, sustained Innovation is the means to developing marketplace showstoppers that lead to profitable growth. Innovation is not a luxury that can be placed on the back burner, even for today’s successful companies. So before beginning your next innovation effort, here are some…

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