Elias Kouloures’ Post

We are moving on and next #LAAMasterclass will focus on #LeanInnovation, so make sure to register. Continuous improvement is not enough to assure #sustainable and #profitable growth. We have to lear how to #innovate, and I mean incremental, semi radical and radical innovation. 1. What is your current state of innovation? 2. How do you create an organizational culture that fosters innovation? 3. How to align innovation with a strategic purpose? 4. Do you innovate with sustainability in mind? 5. Do you use innovation to redesign business models? 6. How fast can you adapt to social and technological changes? 7. How do you encourage external collaborations? 8. How do you measure and adjust innovation business cases? 9. How do you maintain a long-term vision for innovation? To me these are relevant questions. https://lnkd.in/gw3XGKpt

Many of my clients ask to see this report even before we publish. Their questions not so much “who is most innovative?”, but more interesting is “what makes them innovative?”, and “what can we do to lead our sector?” How do you think large consumer businesses can bridge the innovation gap? Read the full report here: https://lnkd.in/dC-jYkF3 #BCGMostInnovative

"Innovation is About Creating New Value; not New Things" When we talk about innovation, it's essential to shift our focus from simply creating new products or services to creating new value. This shift in perspective is crucial because it redirects our efforts towards understanding the needs and pain points of both our customers and our business. One effective way to identify opportunities for innovation is by conducting thorough industry gap analyses. By benchmarking against competitors and deeply understanding our customers, we uncover valuable insights that can spark innovative solutions. This approach allows us to not only stay ahead of the competition but also to anticipate and meet the evolving needs of our customers. I believe that the key to unlocking innovation opportunities lies in our dedication to creating value. When we prioritize value creation for both our customers and our business, we essentially open the innovation possibilities. This mindset shift encourages us to explore unconventional ideas, experiment with new approaches, and constantly iterate to deliver exceptional value. Ultimately, innovation isn't just about introducing new things. It's about leveraging our understanding of market gaps and customer needs to create meaningful and impactful solutions. By focusing on creating new value, we not only drive growth and profitability but also cultivate long-lasting relationships with our customers. So let's embrace this mindset of value centric innovation and unlock the boundless potential that lies within our businesses. #CreatingValueTogether #Innovation #ValueCreation

Innovation Management To help your innovation, first of all your wish depending on your experience as innovation leader, secondry the concept building for your wish and your good planning of building customer oriented business operation.

Are you an Innovation Manager or Executive struggling to demonstrate the value of your innovation initiatives? You're not alone. Many find that without clear measurement, their efforts may not be fully recognized by their organizations. One of our #Spyreisms states, "Innovation managers who do not measure their activities will always be seated at the kiddie table." This highlights the critical need for effective measurement in establishing your credibility and authority within your organization. In our latest video, "How to Measure Innovation? Tips to Elevate Your Role as an Innovation Manager," Ahi Gvirtsman delves into the common challenges and provide robust solutions to help you: 1️⃣ Define and implement a clear innovation process with actionable checkpoints. 2️⃣ Establish meaningful early indicators to track progress effectively. 3️⃣ Consistently report to management, ensuring your achievements are visible and valued. 👉 Watch the video now to learn how you can measure and demonstrate progress that moves you to the decision-makers' table: https://lnkd.in/dnprust7 Remember, measuring #innovation isn't just about numbers; it's about strategically positioning yourself within your organization. Ready to change how your work is viewed? Schedule a quick call with us to discuss how we can help you transform your approach to innovation management.

How to Deliver Innovation Results - Expectation vs. Reality Recent data reveals a significant gap: 83% of companies rank innovation as a top priority, yet only 3% feel innovation-ready. Join myself, Tendayi Viki, and Carol Hill to learn how to bridge this gap and achieve real innovation results. Discover the common challenges stalling innovation, explore effective growth vehicles, and learn how structured processes and empowered teams can drive meaningful innovation. Don’t miss this chance to transform your innovation strategy! 📅 Date: September 12, 2024 🕓 Time: 4 pm CEST (10 am EDT) Register here: https://hubs.la/Q02K9wNx0

Thank you Dan. I agree with O'Connor's recommendations around building discovery, incubation and acceleration capabilities are spot-on, but I would argue that fostering an entrepreneurial spirit is the critical first step to making those innovation investments pay off. An entrepreneurial mindset, characterized by qualities such as risk-taking, proactiveness, creativity, and opportunity recognition, could be seen as a foundational element for driving innovation within an organization. Having an entrepreneurial culture and mindset could make an organization more receptive to and supportive of the kind of discovery, incubation and acceleration activities the article advocates. Without this mindset, there may be cultural barriers and resistance to pursuing breakthrough innovations and investing resources in unproven ideas. The primary focus is to master organizational learning with design-do iterations in an emergent process.

Lucid Software posted another blog that includes musings from Christopher Bailey and I, this time on the important topic of #InnovationManagement. We've both been thrilled to see the power of Lucid in enabling greater innovation, as a true collaborative platform that can support you from ideation to execution. My take: without innovation management, you may never know why or how innovation occurred, making it a serendipity rather than a repeatable process. Strengthen your understanding of what works best, and see how Lucidspark can be an incredible collaborative canvas. #innovation #visualcollaboration #collaborativecanvas

Innovation is much bigger than R&D. Corporate leaders need to recognize that developing business applications, revenue models, and markets for new products often requires as much time and resources, and deserves as much emphasis, as inventing the technologies themselves. https://buff.ly/2r8orTv #innovation

Innovation management isn’t just a buzzword—it’s how organizations scale new ideas to maximize ROI. Can innovation happen without innovation management? Sure, but putting a process in place to manage innovation can help your business: ⚪️ Reduce risk. ⚪️ Boost transparency. ⚪️ Strengthen competitive positioning. Get tips from Lucid experts for managing innovation in your culture, processes, and systems: https://lnkd.in/ggmA2XsC