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By Chad McAllister

Innovation Insights & Practices Weekly Roundup: Feb 7, 2014

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Product Manager Innovation InsightsProdigy is Bogus: Exceptional People Work Hard at Mastery, Just as Steve Jobs Did.  “It’s not a question of some natural talent or brilliance that you have, it’s that you have reached that level of experience or practice…” Read more: http://www.entrepreneur.com/article/226234#ixzz2sBgd3p6H

The Outsider Dynamic: The Need to Leverage External Voices in Innovation.  “The good news is that many organizations are realizing the power of outsiders for bringing up innovation.” Read more: http://www.forbes.com/sites/davidburkus/2014/02/04/why-innovation-needs-outsiders/

HBR Article: Patterns to Help Organizations be Innovative.  Four Patterns of Innovation…”[1] How can we build on the capabilities and assets that already make us distinctive to enter new businesses and markets? [2] What does a close study of customers’ behavior tell us about their tacit, unmet needs? [3] If we follow “megatrends” or other shifts to their logical conclusion, what future business opportunities will become clear? [4] How can we create value for customers using data and analytic tools we own or could have access to?” Read more (requires an HBR subscription to view the full article): http://hbr.org/2014/01/the-new-patterns-of-innovation

Awesome strategy short video lectures from BYU Marriott School of Business and the BYU Center for Teaching and Learning.  Competitive Advantages, Defining your Industry, Corporate Strategy, Five Forces, and more in short well-produced video lectures. Read more: https://sites.google.com/site/learnstrategy/

Innovation in Healthcare – Results from the 2013 Survey.  “64% of providers with $5 billion in revenue have Chief Innovation Officers” while “65% ranked cost reduction as their innovation priority.” Other innovation barriers include limited personnel, cultural challenges, and limited investment capital. Read more: http://www.hitconsultant.net/2014/02/05/himss-state-healthcare-innovation-2014-infographic/

Corporate Culture – What is it and Why is it important?  This is a helpful short video from writers at The Economist discussing organizational culture. View it here: http://youtu.be/r1Moe3TBK70

Read how a Motorola Solutions Director of Innovation Development views the creation of an Innovation Framework.  Seven steps: create a scalable platform, establish the right organizational principles, engage your organization’s employees, build an idea management tool, focus on targeted innovation, manage the backend of innovation, and celebrate success. Read more: http://innovationmanagement.se/2014/01/27/seven-steps-to-creating-a-successful-innovation-framework/

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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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