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A Family of Different Value-Creation Methods If you are like me, you are likely confused by all the different forms of Agile, Lean, SCRUM, Lean Startup, I-Corps, Waterfall, Six Sigma, and Funnel. Then, after you figure that out, the next questions are to understand what method to use in a given situation? Here are some thoughts on those questions. I gave an online speech this week, Innovation for Impact, at.. Read More
Properties of an i4i Enterprise My friend Steve Denning wrote a paper that describes some of the characteristics of an Agile enterprise. Agile is a popular methodology that Steve writes about at Forbes almost every week. He asked me how I would define an enterprise using our Innovation for Impact (i4i) methodology. As I have written about here, an early version of i4i was used to create HDTV, Siri (now.. Read More
A Process for Systematic Innovative Success Here is a podcast with Hunter Hastings from the Mises Institute where we discuss the fundamentals of value creation. Below is an introduction to the webcast and a graphic for NABC value propositions. As I describe, the four NABC elements are the starting point for all new innovations. If you cannot address all four, you have still not figured out what to do next.
Three Fundamental Concepts Experience shows that very few companies have a value creation methodology. There are three keys I look for, which are required for systematically successful innovation. Does the company or enterprise: Focus on important customer and market needs to make an impact? Share core value creation concepts, including NABC value propositions, for effective collaboration? Hold recurring team value-creation forums for rapid learning and improvement?
Companies Using Bad Ideas Companies say staff development is critical for their success. But what do they do? Some have their staff building toy bridges out of Lego Blocks to learn “creativity.” Others engage their staff in extreme physical activities, like running through mud, to learn “teamwork.” My first reaction when I learn that a company is doing these things is to want to short their stock. Why aren’t.. Read More