Innovating successfully in 2020 requires good leadership, a people-first strategy and, as dimension 3 of our guide shows, setting clear, tangible goals and measuring a broad range of results.
If you are involved in managing innovation for your organisation and you have been set with the task to make this decision, the first question you should ask yourself is: “Do we really need an innovation management software?”. These three questions, related to 3 key dimensions of any innovation management programme, should help.
The process of developing a new product – whether it is a tangible, physical good or intangible, like a service, experience or belief – requires a systematic method to launch and commercialise it. NPD typically comprises 7 stages, from the initial idea through to its introduction on the market, and can be aligned with good idea management practices.
The pressure on businesses today is intense. To remain competitive, or even relevant, organisations must have the ability to innovate and to test, fail and succeed quicker in developing a new offering and new features. New product development can provide companies with fresh opportunities and has become increasingly crucial in the modern-day business battleground.
To mark Exago’s 11th anniversary, we have put together pieces of wisdom from our clients, innovation managers, to truly bring innovation together. Finally, we reach Lesson 11.
To mark Exago’s 11th anniversary, we have put together pieces of wisdom from our clients, innovation managers, to truly bring innovation together. This is lesson 10.
The telecoms multinational Altice, one of Exago’s longest-standing and most innovative clients, is heading investment in Innovation and Research and Development in Portugal. Between 2015 and 2017, the group devoted over 200 million euros to activities connected to innovation, almost twice as much as the second company featured in a study recently published by the national Directorate-General of Education and Science Statistics.
Leadership is undoubtedly a critical piece of the business innovation puzzle. In fact, a recent study showed that the highest performing companies centralise their innovation strategy in upper management, meaning it is often those at C-level who push for innovation within a company. But being a great leader isn’t enough if you hope to succeed in the coming year.
Exago has come a long way since we embarked on our innovation adventure 11 years ago. In that time, we have seen thousands of brilliant ideas come to life, and we couldn’t have done that without our greatest inspiration: our clients.
We are around and connecting with business leaders to empower people within companies to build what’s coming next together. Get in touch to meet via the Web Summit app: Diana Carvalho and Andreia Dias.