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Innovation Strategy

One of the featured categories on All Things Innovation, Innovation Strategy features a range of helpful information for innovation leadership professionals. This includes innovation strategy, ambidexterity, managing innovation talent, talent composition, disruptive innovation, innovation ideation, innovation frameworks, innovation culture, and more. This area further looks at design and human-centric innovation, breakthrough innovation, agile innovation, transformational innovation, and more foundational knowledge for the innovation expert and novice alike.

Innovation strategy is a carefully planned and organized approach that an organization or business develops to systematically foster, manage, and leverage innovation leadership in order to achieve specific objectives and gain a competitive advantage. It is a high-level framework that outlines how the organization will generate and implement new ideas, products, services, processes, or business models. An effective innovation strategy and framework aligns innovation activities with the overall business strategy and goals.

Key components of an innovation strategy and leadership typically include clear objectives, resource allocation, innovation culture, idea generation, idea evaluation, research and development, prototyping and testing, cross-functional collaboration, market analysis, intellectual property protection, metrics and evaluation, risk management and adaptability. An innovation strategy is a dynamic document that guides the organization’s innovation efforts over time. It helps ensure that innovation is not a random, ad-hoc process but rather a systematic and purposeful one, with a focus on achieving tangible results and maintaining competitiveness in the market.

Articles

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Thinking Bigger: Managing Innovation

All Things Innovation was on hand at FEI25 and had the opportunity to chat with Liza Sanchez, Vice President, Research & Development at Procter & Gamb...
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The CPG Leadership Reset: What It Means for Innovation

The consumer-packaged goods (CPG) industry is undergoing one of its most dramatic periods of executive turnover in recent history. In just the past ye...
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Inspired at FEI25 by Out-of-the-Box Thinking

At the recent FEI25 conference, the innovation community came together to spark innovative ideas, inspire new ways of thinking and to get creative wit...
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Sparking the Spirit of Innovation in a New Era

The innovation community gathered at the recent FEI25 (Front End of Innovation) conference, where they looked to inspire out-of-the-box thinking, spar...
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FEI25: Harnessing Innovation, Growth, and Human-AI Synergy

FEI25, a conference for innovation experts and corporate changemakers, emphasized that successful innovation hinges on integrating human intelligence...
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Collective Intelligence: Driving Future Innovation at FEI25

The FEI25 Workshop Day on Collective Intelligence for the Future explored diverse frontiers of innovation, emphasizing how strategic collaboration and...
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Building the Innovation Pipeline: Front-End Process Insights from FEI25

The R&D, Product Development, Experience & Design Track at FEI25 showcased how to integrate innovation into core business strategy, moving beyond trad...
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FEI25: Reinventing the Human-Centered Innovation Process

The Innovation Excellence & Best Practices Track at FEI25 showcased how leading companies are reinventing their innovation processes by integrating AI...
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Strengthening Foresight Strategies

During All Things Innovation’s recent virtual event, Innovation 2025, we set the stage for the FEI25 conference with a discussion on, “Corporate F...
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Practicing Innovation in the AI Age, Part 2

In this part 2 conclusion of our best practices series, we asked innovation thought leaders how they feel about AI, just what they see on the horizon,...