Intelligent Innovation: Four Steps to Achieving a Competitive Edge
Innovation is the key to success in any economy. Even non-profits and government agencies are discovering the importance of unique, innovative, customer-oriented value-added services. Intelligent Innovation explains the importance and application of innovation throughout the lifecycle of any product or service, from development to delivery. Using a practical, easy-to-remember four-step process, this book includes several tools and methods to achieve increased performance within the entire organization — from work satisfaction to stock price and profitability.
Intelligent Innovation is derived from an exhaustive, worldwide study of blockbuster products and business models. The study provided data on what factors led to the success or failure of new products. This book explains three counter-intuitive common success factors that the most profitable products had over the past 50 years. It also presents current strategies and tools to make efficient and integrated decisions, manage finite resources, turn limitations into opportunities, evaluate risk, and create an innovative environment. This work is a must read for those in strategic planning, R&D, product development, value engineering, product management and marketing, project management and finance.
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Stocking Up on Innovation 147
Turbines of Success
The Four Phases in Detail
The Strategic Balancing Method 75
The Howard Head Story
Knowing Your Customers Customer
The Advanced Concept
The Selection Process
Consistency Is the Key
Why Policies and Procedures Have the Greatest Percentage
Doing the Math
Mining Intellectual Property Value and Enhancing Strategic Position
Choosing How You Manage
Beyond Capacity Planning
List the Pebbles
Why Strategic Balancing?
SRM and ESRM Research Questions
Case Study Solving the Risk vs Intelligent
Enterprise portfolio view 3DRM example
Summary of IFactors
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