As the information-based world moves exponentially, many companies face the risk of being left behind and becoming obsolete. Drawing inspiration from exponential organisations, we pinpoint the key attributes that make ExOs so extraordinary.
3 questions to help you decide if you should invest in an innovation management software
If you are involved in managing innovation for your organisation and you have been set with the task to make this decision, the first question you should ask yourself is: “Do we really need an innovation management software?”. These three questions, related to 3 key dimensions of any innovation management programme, should help.
11 lessons only true innovation managers can teach you
To celebrate 11 years of Exago, we asked our clients to share their nuggets of wisdom. From them to you, here are the 11 Lessons Learnt by true innovation managers.
Why new product development fails and how innovation management can help
Product and brand failures occur on an ongoing basis, to varying degrees. They are part of the process of learning and growing. Innovation management can help organisations coordinate amongst themselves to eliminate challenges and maintain a transparent, company-wide innovation system.
Lesson 9 from true innovation managers: people need rewards and recognition
To mark Exago’s 11th anniversary, we have put together pieces of wisdom from our clients, innovation managers, to truly bring innovation together. This is lesson 9.
The 5 steps for strategic cost-cutting in your innovation agenda
In times of uncertainty, when business models are challenged, managers and financial directors are bound to cut costs to make organisations more agile, robust and adaptable to change
Step 3: Invest more in a bottom-up approach for your innovation agenda
When developing your innovation agenda, bear in mind that employees deal daily with inefficiencies in your company, having often diverse and powerful ideas related to organisational processes and products. The following are real examples of this.
First, ask what your innovation purpose is
What is your company’s innovation mission? And how does your initiative take part in carrying it out?