Innovation risk management versus wishful thinking

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Competitive innovations must solve the dilemma of innovation risk and offer price. The risk of innovation is often uncertain or not calculated with probabilities. The offer price is more based on wishful thinking than on probabilities to win the competition. Both together cause the later overrun of the innovation budget. An innovation risk management solves the dilemma. more….

Innovation success by attractive markets

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Innovators rely on attractive markets. This is always risky. That is why innovators are in conflict with both the experienced old hands and the strategists. The experienced old hands resist risks. They focus on their own resources. They align with them growth and investment strategically – until it is too late. more….

Constant innovation success

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Constant innovation success ensures the long-term success of the company, excellent routine the short-term success. Innovation is organic, routine mechanistic. Their differences cause the innovation-routine conflict. Usually the routine eats the innovations, excellent routine devours them. Here, companies can switch over and achieve constant innovation success through four success factors. more….

Innovation success by innovation quality

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Innovation success by innovation quality – this is in short the answer to the question: what leads to the rare success, what to the predominant failure of complex innovations? To find the answer, we compared a group of successful innovations with a group of failed innovations in an exploratory meta-analysis. more….