Explore examples of where product innovation already exists in companies and companies that follow that format.
- Who should own innovation at your company?…Where should the responsibility for innovation lie?…When it comes to how companies create…an organizational structure to drive innovation,…there are many variations and approaches.…As a product innovator, you must…recognize your company's innovation business structure,…or lack thereof to appreciate the inherent roadblocks…of the model and how to combat them.…Generally speaking, the four most common…internal structures for innovation include…centralized, decentralized, hybrid, and incubators.…
A centralized org structure is…controlled and driven by the company…and decision making is made by top management.…Often times the team conducts the research and development…and passes the framework…for new products to other business units…for actual development and launch.…In a centralized structure, one disadvantage is that…employees outside of the innovation team…may feel disconnected from innovation,…fostering a feeling of apathy or resentment.…One approach to improve morale and diversify ideas…
- What product innovation is and isn't
- Mapping your product innovation portfolio
- How business objectives set the stage for innovation
- Identifying the right problems
- Human-centered and data-centered innovation
- Exploring the ideation phase
- Effective testing and prototyping
- Launching and scaling
Skill Level Intermediate
Product Management: Building a Product Strategywith Teg Grenager1h 7m Intermediate
Product Management: Building a Product Roadmapwith Teg Grenager48m 30s Intermediate
1. Your Innovation Ecosystem
2. Preparation and Discovery Phase
3. Creating Ideas Phase
4. Testing and Prototyping Phase
5. Launching and Scaling Phase
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