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
The 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
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