Saturday, June 14, 2008

Structural Innovation

Restructuring is one of the levers that companies use to innovate and change the course of action to improve results. By changing structure, companies change the way to operate and develop new business models that allow them to remain competitive at capturing, creating and delivering value.

During times of economic downturn, many companies fail at executing its strategy and engage in restructuring and downsizing processes. In many cases they have limited leeway and can not consider other forms of innovation and change such as the adoption of breakthrough technologies that often would entail higher risks and require long term investments. They have to adopt straight measures aimed to increase productivity.


None less, structure innovation is not free risk and sometimes companies may find them selves, after long periods of hard work, at the place where they started. To avoid that, companies have to make sure that reinforce structural change with a sound organizational change program.

Wednesday, May 14, 2008

Managing Innovation Projects

To successfully manage innovation, often it is necessary to adjust the project content and structure to the specific needs of the company and circumstances. However, when I am immersed in innovation projects, I always try to distinguish three stages in the project. Stages which require different contributions, attitudes and efforts.


FIRST: Identify and Classify new ideas.
This is a creativity oriented stage. The objective here is to obtain ideas that have the potential to become innovations.




SECOND: Evaluate and select ideas.
This is an analytic stage. The objective now is to select the ideas that best match with the company strategic and operational interests, needs and resources.



THIRD: Develop an implementation plan and put it in practice.
This is an operational stage. The objective is to prepare and implement an operating plan to cleverly bring the selected idea/s to the customers arena.

Thursday, May 12, 2005

Lecture -9. Organizing for Innovation II

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Thursday, May 05, 2005

Innovation Ideas and Projects. May 5 & 12 th.

Please post the ideas presented in class.

Lecture - 8. Organizing for Innovation

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Thursday, April 28, 2005

April 28th. Nutribest Case

The case team reports are to be posted to the blog by WEDNESDAY 27TH 20:00 PM.

The report should be based on the method we used in class: Lists of (1)facts, (2)Problems, and (3)recommendations.

During the class of thursday 28th, we will discuss and solve the case.

Good Weekend,

Ramon Prat

Lecture - 7. Strategies for Innovation

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