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In: PROCESS, STRATEGY

As global companies invest billions each year in R&D and innovation, the differentiators often comes down to the techniques and resources that are involved. Denning and Dunham provide the basis for any leader who has the objective of driving innovation in their company. The “Structure of innovation practices” is a solid model that details non sequential processes critical to innovation success.   There are many books out there that have the word innovation in the title, and who has time to read all them. This book is different in that it actually takes you through the “process” of innovation. Key to leveraging the concepts isRead More →

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In: BUSINESS, FAILURE

If we assume our success rate in innovating will be one out of X it stands to reason that the more iterations you have more success you will ultimately have. In order to establish a culture where the iterative approach is taken and it is recognized that not everything will be a wild success, the concept of failure needs to be discussed and understood that it is an integral part of the process. It is imperative to remove the psychological barriers that leave people cautious to not fail. Fail fast Fail often is one of many phrases I’ve heard that encourages people to try atRead More →