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By Chad McAllister

Innovation Insights & Practices Weekly Roundup: June 20, 2014

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This blog is all about making product developers, managers, and innovators more successful and their organizations successful with them. As I do each week, below is a roundup of articles around the web with insightful product development, management, and innovation practices, tips, and examples – and sometimes controversial ideas.

Around the Web

Product Development, Management, and Innovation Training: Weekly RoundupThe future of product development – Continuous Agile? “Amazon will release a change about once every 11 seconds, adding up to about 8,000 changes per day. In the time it takes Staples to make one new release, Amazon has made 300,000 changes. This represents a truly disruptive management and operating model.” Read more from Bloomberg http://www.bloomberg.com/news/2014-06-13/how-the-software-industry-redefines-product-management.html

Accelerating IT Innovation. “Explore four different approaches to accelerating innovation, discussed in video vignettes from this year’s InformationWeek Conference.” Read more from Information Week http://www.informationweek.com/strategic-cio/executive-insights-and-innovation/it-innovation-at-full-speed-informationweek-video/a/d-id/1269678

Results of the 2014 Global Innovation Barometer study. “While 60 percent express that their struggle to define effective business models is killing their ability to innovate, executives are shifting internal priorities and processes to change that–encouraging creative behaviors, partnering with other businesses to advance competitive advantage, and using data and analytics to better understand customer and market dynamics.” Read more Wall Street Journal http://online.wsj.com/article/PR-CO-20140616-904026.html

Finally, a resource addresses the link between leadership and innovation. “What most distinguishes innovation leadership, the book argues, is recognition that innovation is a ‘team sport,’ not the act of a sole inventor. ‘Truly innovative groups are consistently able to elicit and then combine members’ separate slices of genius into a single work of collective genius,’ the authors write.” Read more from Forbes http://www.forbes.com/sites/hbsworkingknowledge/2014/06/18/the-link-between-leadership-and-innovation/

Innovation contests with prize money are the norm. “The big takeaway is that challenges and prizes are no longer an exotic innovation strategy, but rather they are becoming mainstream.” Read more from The Wall Street Journal http://online.wsj.com/articles/innovation-contests-with-cash-prizes-attract-more-average-joes-1403151163

3 ingredients for more creative teams. “The most recurrent issues we’ve observed working with interdisciplinary teams are: narrow points of view; different “languages;” and diversity in goals, expectations, and commitment. While these observations may be inherently part of any team dynamic, we’ve noticed these become even more pronounced in creative teams who…” Read more from LinkedIn https://www.linkedin.com/today/post/article/20140618195105-71982617-the-creative-team-s-dilemma-surviving-the-friction

 

 

Turning Ideas into Market-Winning ProductsMoving into a product role or need to know more about product development and management – read this book because it will help you.

An easy-to-understand foundation in product development and management concepts is what you get with this book.   New product team members, managers, and innovation professionals will quickly access a concise, easy-to-follow guide that shows how successful teams develop new products that consumers love. Read more about the book and purchase it at Amazon.

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Filed Under: Weekly Roundup

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Chad McAllister - Product Management and Innovation TrainingThe primary responsibilities for an organization are product management and innovation. They deliver value to customers. They're also exciting responsibilities for those properly equipped. That is my job - equipping product managers and innovators.
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