What Is The Role Of Strategy?

Posted by Dan Toma
On 06/05/2025

It took the telephone 75 years to reach 1 million users. Television did it in about 13 years. Netflix reached the same milestone in just 3.5 years—and ChatGPT did it in only 5 days. We are living in a world where the pace of change and the speed at which information spreads are accelerating exponentially. […]

Why Disruptive Innovation Is A Bad Business Idea. And What Can You Do Instead

Posted by Dan Toma
On 28/03/2025

Selling a company on the need for disruptive or transformative innovation has always been a challenge. Some businesses simply don’t need it, others can’t afford it, and most struggle to justify investing in something inherently high-risk. The instinct to protect the core business—its efficiencies, margins, and financial predictability—often overrides the desire to explore bold new […]

Building the Right Innovation Portfolio

Posted by Dan Toma
On 19/11/2024

The 70-20-10 portfolio distribution rule isn’t universal. While popularized by companies like Google, the 70-20-10 innovation model is not a one-size-fits-all approach. Companies need to customize their innovation portfolios based on unique factors like market conditions, financial health, competitive landscape and strategic goals rather than adopting this model outright.

What It Takes to Make ESG Happen in Your Company

Posted by Dan Toma
On 06/11/2024

Organizations committed to serious ESG investments and profitability should focus on fostering innovation capabilities rather than establishing a distinct ESG function.

Ways of Mapping Your Innovation Portfolio

Posted by Dan Toma
On 09/10/2024

Innovation-led growth, at its core, hinges on how resources are allocated; it’s not simply a matter of creativity or generating new ideas. The challenge lies in prioritizing a portfolio of initiatives in a way that aligns with a company’s strategic goals and prepares it for the future. Often, companies fall into the trap of using […]

Having Goals Doesn’t Mean You Have a Strategy

Posted by Dan Toma
On 10/09/2024

Sadly, in many board conversations, the terms “goals” and “strategy” are often thought of as interchangeable probably due to the fact that one can’t exist without the other, yet they represent fundamentally different concepts. If goals are the desired outcomes or targets a company aims to achieve, strategy refers to the plan or approach the […]

The Decline of Corporate Innovation Arms: Why It Makes Sense and How to Reconnect Innovation with Strategy

Posted by Dan Toma
On 20/06/2024

In recent years, numerous companies have made the decision to close their innovation arms. Notable examples from this year alone include Migros, ZF, SAP, FWD, and Walmart. At first glance, this trend might seem counterintuitive. After all, innovation is often touted as a crucial driver of growth and competitive advantage. However, a new study by Boston Consulting Group […]

Innovation Accounting is for Everyone

Posted by Dan Toma
On 23/04/2024

Innovation accounting can be used by any company regardless of how professional they are with innovation management now. The only things that changes are the metrics and the use of the insights the metrics provide.

Cost of Failure vs. Rate of Failure

Posted by Dan Toma
On 21/03/2024

SUMMARY Deciding to focus on the cost of failure instead of the rate of failure will have many positive consequences in your company innovation system Tracking the cost of failure will encourage a mindset gravitating around (cost effective) experimenting and prototyping while, an emphasis on rate of failure will prompt leaders to do the impossible […]

Why ISO Standards Fall Short in Innovation Management

Posted by Dan Toma
On 18/03/2024

There are companies nowadays that are recognizing the importance of innovation for their long-term strategic intent. Some of these companies have had great experiences with innovation in the past and just want to double down on the effort and professionalize the practice; while others want to do it, prompted by the success competitors had with […]

Page 1 of 512 3 4 5