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The theme of innovation in 'The Art of Innovation' is highly relevant to contemporary business practices. It emphasizes the importance of feedback, willingness to take new and different approaches, and rapid prototyping. These concepts are crucial in today's fast-paced business environment where consumer needs and market trends change rapidly. Businesses need to constantly innovate and adapt to stay competitive. The book's theme also aligns with the current emphasis on lean startup methodologies, where products are launched with minimum viable features, and then refined based on consumer feedback.
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This invaluable feedback and the willingness to take new and different approaches for their existing product and brand, LEGO found themselves back in business. They eventually implemented a process of rapid prototyping to keep the momentum going. David Gram, head of marketing at Lego's Future Lab, describes this new approach: "We only develop the few key features that are really needed. A typical engineering mistake is wanting to invent all the things the product might consist of in one go … we throw that into the market and get feedback from consumers."
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A tour through the systems used by design firm and idea factory IDEO provides an insider's view of how innovation works and why it's a necessity for a...
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Without adequate innovation, you risk falling behind in even what you do well. So how can an organization ensure its business transformation endeavors pushes the right boundaries and bring in the desired ROI? Our Innovation and Transformation deck highlights tools to ideate and carry out innovations the right way, including innovation ambition matrix, the Kubler-Ross Change Model curve, SCAMPER Mind Map, Maturity Assessment Scoreboards, and many more.
Stay ahead of the curve and introduce new strategies, structures, culture, and capabilities to your team with our Innovation Management presentation. This deck includes techniques and frameworks that can help you nurture game-changing concepts into realistic practices.
How do you unparse complex problems with a clear and logical mind? With the right frameworks and mental models, you can confidently guide any organization or client through periods of change. Our Consulting Frameworks for Innovation deck reviews problem-solving models that foster not only creative ideas but also structured thinking. From Minto’s Pyramid Principle, to Blue Ocean Strategy, Accelerating Diffusion of Innovation, McKinsey’s Three Horizons, SIPOC New Product Introduction Process, and more, these battle-tested tools have been used to solve some of the complicated issues in the business world.
How can you accelerate the cerebral engines that power those “Aha!” moments? And what sets a good idea apart from just any average idea? Whether it’s as a collaborative effort with other team members, or a solo endeavor at your desk, or thinking on-the-spot during a case interview, or even leading a workshop, use our collection of Brainstorming Techniques to upkeep the mind palace.