The Innovation Booster #3

The Innovation Booster is a monthly periodical bringing you five great reads on innovation, strategy, and growth that will inspire you to act, kick off your creativity, and challenge you to think differently.

In this issue of The Innovation Booster I feature great reads on corporate innovation governance, strategic choices, importance of understanding others' business model, innovation failure, and perception of value:

1. Corporate Innovation Governance: A Practical Guide. Article 1 — WHO by Susana Jurado Apruzzese. Lightweight governance that connects decision makers and resources with innovators and ideas is vital for innovating at scale. Susana shares her rich, from-the-trenches experience of doing and managing innovation in a large enterprise.
2. Strategic choices: When both options are good by Jason Cohen. Choosing the right set of options to address the right set of customers and overcome the right set of issues is at the crux of making a strategic choice. Jason illustrates what makes a "real" strategic choice, and how to convert "weak" choices into "strong" choices.
3. You Only Think They Work For You by Steve Blank. It is always a joy to read a new piece from Steve. This one is no different. This time the key lesson is the importance of understanding the business model of your vendors and suppliers—because they might not have your best interest at heart.
4. What a $200B Fund Manager Teaches Us About Innovation by Urquhart Wood. Failing faster is a useless strategy unless it is paired with learning faster. How? By validating opportunities before making any solutions, of course. Urko proposes combination of lean innovation with jobs-to-be-done and outcome driven innovation as one way of doing so.
5. On Value and Perception by Bruno Pešec [subscriber exclusive]. Innovation is about creating value, but what is perceived as valuable shifts over time. In this issue I point out three vital fact: (i) value can be defined, (ii) value can be understood, and (iii) value is temporal.

Mastering Innovation Management

Create strategic alignment on innovation, powerful boards that execute innovation strategy, portfolios that give results today and in the future, and more in twelve intense sessions. Click here for details.

Inovacije koje čine razliku

Seminar namijenjen direktorima i menadžerima etabliranih firmi, koji aktivno osmišljaju nove proizvode, usluge i poslovne modele s ciljem povećanja prihoda, tržišnog udjela te konačno, dobiti. Podijeliti ću s vama tri ključna načela za profitabilno upravljanje inovacijama. Kliknite ovjde kako biste saznali više.

The Innovation Organisation Advantage

If you are an executive, manager, or senior leader tasked with leading innovation then you will benefit greatly from The Innovation Organisation Advantage seminar.

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Early bird pricing until June 3rd.

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Register before June 6th to secure the early bird price. Click here to learn more.