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Digital Transformations Are Crucial to Optimizing Innovation Value

Planview

Speed in delivering high-value innovations is a critical differentiator that can make or break companies. According to a Boston Consulting Group report, companies prioritizing innovation—arriving first to market with new and relevant ideas—outperform the MSCI World Index on shareholder return by 3.3 percentage points per year.

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Integrative Innovation Management

Flevy

This calls for an Integrative approach to Managing Innovation. Various aspects of the Innovation process have to be integrated through a cohesive Innovation Management Strategy that gels well with the individual strategies of these aspects. Interested in learning more about Integrative Innovation Management?

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Crack the Consulting Code: Top 10 Digital Transformation Frameworks

Flevy

Each global consulting firm maintains an internal knowledge management library of consulting framework presentations. Based on sales and downloads of the FlevyPro frameworks , here is what we found to be the top 10 Digital Transformation frameworks used by management consultants.

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Dual Innovation Ecosystem Strategy

Flevy

In order to manage disruptions some businesses partner with others. Creating an appropriate type of Innovation Ecosystem is crucial for guaranteeing success and to identify and manage sources of conflict. Conventional Innovation Management is unable to sustain itself in the face of contemporary needs.

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What are the Barriers to Rapid Digital Transformation?

Planview

When KPMG asked CEOs how the COVID-19 pandemic impacted their digital transformation plans, 74 percent said it accelerated the digitization of operations and the creation of a next-generation operating model by months, if not years. What are the barriers to rapid digital transformation? Read on to learn.

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5 Stages of Management Evolution

Flevy

Frederic Laloux, in 2014, started analyzing emerging organizations that were setting themselves apart from the established organizations in their style of management. This type of management flourishes in disorderly settings. Important innovations in this type of organization included Division of Labor and Command Authority.

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Value Net Model

Flevy

This framework aids in identifying and leveraging both competitive forces and cooperative opportunities, thus fostering innovation and strategic thinking beyond conventional competitive strategies. Successful organizations prioritize customer-centricity, utilizing feedback to adapt and innovate swiftly, thus maintaining a competitive edge.