Dual Transformation
Two simultaneous transformations which mutually reinforce each other. Typically one focuses on the core business (Transformation A) and one on new business opportunities at the edges (Transformation B).
Two simultaneous transformations which mutually reinforce each other. Typically one focuses on the core business (Transformation A) and one on new business opportunities at the edges (Transformation B).
This term is often used synonymously for ‘innovation system’ and can mean many different things at different levels. For more information, refer to the levels of an ‘ecosystem’.
The customary, habitual, or ‘expected’ procedure or way of doing innovation in an organization. Often driven by underlying management ideas, beliefs, or method(ologie)s.
The set of interrelated choices an organization makes on how to use innovation to win in the market.
An entity or program in an organization's innovation support infrastructure (innovation system) which removes innovation barriers and helps innovation teams get certain jobs done. The jobs of the vehicles are often related to a certain phase in a product, service, or technology innovation life cycle.
A combination of discovery, creation, and value delivery approaches in an organization’s innovation process. The goal is to reduce ‘waste’ in the pipeline of new business exploration projects. To name but a few examples of waste in this context: untested customer/problem/value proposition or business model assumptions, insufficient validation of prototypes/experiments with customers, or, even carrying forward political and zombie projects. Usually, three main methodologies are used in lean innovation: design thinking, Lean Startup, and ‘Lean processes’.
The act of working (often in secret) on an innovation (side) project without telling your employer or colleagues.
A profound or even radical change to an organization's form and structure, which supports a departure towards a new future direction.