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By Chad McAllister

Innovation Insights & Practices Weekly Roundup: March 14, 2014

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Product Manager Innovation InsightsFascinating Innovation in Reading – Instantly Double Your Reading Speed. “This Insane New App Will Allow You To Read Novels In Under 90 Minutes” Read more at Elite Daily… http://elitedaily.com/news/technology/this-insane-new-app-will-allow-you-to-read-novels-in-under-90-minutes/

Innovation and Success Often Involve Learning from Failures — 23 Notable Successful People. “Weaker people might have given up. Instead, these folks remained focused on their goals.” Read more at Business Insider… http://www.businessinsider.com/successful-people-who-failed-at-first-2014-3?op=1#ixzz2vOLe5to7

Product Development Innovation Metrics – Research Results. “Two-thirds indicated innovation will be more important in the next five years than in the past five. Half indicated the same for OI.” Read more at GGI… http://www.goldensegroupinc.com/pressreleases/product-development-research-innovation-processes-metrics-business-results.shtml

How Radical Innovation Kills Companies. “Radical innovation presents both a threat and an opportunity to firms. It has frequently turned entire industries on their heads.” Read more at Innovation Management… http://www.innovationmanagement.se/2011/06/15/mastering-radical-innovation-turning-threat-into-opportunity/

The Many Benefits of an Engaged Customer. “The successful businesses will be the ones that learn to navigate the most efficient course, keep the passengers happiest, build faster engines, all while keeping the plane in the air. They will use a new playbook that begins with understanding the strategic role of experience and how to use it to design products, services and customer interactions accordingly.” Read more at Wired… http://www.wired.com/insights/2014/03/experience-design-innovation-isnt-enough/

What Exactly is Innovation? “Innovation is one of the most bandied about terms in global business today, but exactly what it means can be nebulous.” Read more at Forbes… http://www.forbes.com/sites/michellegreenwald/2014/03/12/what-exactly-is-innovation/

Innovation is Just Change. “It’s doing something different in such a way that it develops a new product that meets someone’s needs, or delivers an existing product using fewer resources. In economic terms innovation that doesn’t do either of these things isn’t really innovation. If it doesn’t eventually deliver something, it’s just an idea.” Read more at Online Opinion… http://www.onlineopinion.com.au/view.asp?article=16096

Capture Your Product Concept in a Cartoon? “We see five reasons that cartoons can convey ideas and start conversations better than traditional elevator pitches…” read more in Harvard Business Review… http://blogs.hbr.org/2014/03/draw-your-elevator-pitch/

The Guide to Innovation Metrics. “Defining the right metrics for your business can be tricky. There’s generally no one right answer and agreeing on what to measure can feel more like art than science.” Read more at Innovation Point… http://www.innovation-point.com/innovationmetrics.htm

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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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