Innovation Talks

Charlie Widdows is the Acclaim Ideas Product Specialist at Sopheon. As the co-founder of Solverboard, an idea management tool that Sopheon acquired, Charlie brings a wealth of experience in ideation to his current role. With the recent launch of Acclaim Ideas in 2022, Charlie is dedicated to assisting customers in harnessing the full potential of their ideas to generate better and more profitable products. He strongly believes that impactful ideas have the power to change the world. He gives back to the community by serving as a business mentor at Black Valley, where he helps increase equity in tech by fostering an environment where talents from a black ethnic background can thrive.

 

Today, Charlie and I discuss discovery in the context of corporate innovation and new product development. Charlie defines discovery and shares what he believes its results should be. We discuss how discovery can be applied on different levels in an organization and how to use it to create innovative products. Charlie reveals the two main obstacles standing in the way of successful discovery within a company and outlines how to nurture a company culture to make every team member, regardless of their position in the company, feel their input is valued. We also address the difficulty of introducing new ideas and processes into a business and how the fear of failure prevents some people from taking risks.

 

 “I would say that for me is the discovery process—the problem, framing the ideation, and then the testing of the learning, the insights, the lessons that you gather from that.” - Charlie Widdows

 

This week on Innovation Talks:

 

●     The difference between ideation and discovery in innovation

●     The main barriers organizations face in successful discovery

●     The challenges businesses face in implementing innovative ideas

●     How to manage ideas and identify the best responsible parties

●     The benefits of discovery for change and transformation teams

●     How to reframe challenges for innovative solutions

●     The role of AI in the innovation and ideation processes

●     What leaders can learn from data from other industries

 

Connect with Charlie Widdows:

 

●     Charlie Widdows on LinkedIn (https://www.linkedin.com/in/charliewiddows/)

 

This Podcast is brought to you by Sopheon

 

Thanks for tuning into this week’s episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.

 

Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)

 

Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners, like you.

 

For additional information around new product development or corporate innovation, sign up for Sopheon’s newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

Radhika Dutt is an entrepreneur, entrepreneur, product leader, and the author of the book Radical Product Thinking: The New Mindset for Innovating Smarter. Her expertise in building radical products has led her to advise a broad range of organizations from high-tech startups to government agencies in industries such as broadcast, media and entertainment, telecom, advertising technology, government, consumer apps, robotics, and even wine. Radhika is an advisor on product thinking to the Monetary Authority of Singapore, the country's central bank and financial regulator. She also sits on the board of the independent publisher, Berrett Koehler. She earned a Bachelor of Science and a Master of Engineering in Electrical Engineering from the prestigious Massachusetts Institute of Technology (MIT). Radhika speaks nine languages fluently, underscoring her talent for bridging cultural divides and fostering collaboration across global teams.

 

Today, Radhika joins me to discuss her book Radical Product Thinking: The New Mindset for Innovating Smarter and how you can apply the principles of her work to your own company. She shares the process she followed to develop the Radical Product Thinking framework and how that discovery led her to write a book. She diagnoses some common product diseases plaguing companies today and reveals how emphasizing culture can help you innovate. She describes the tools that teams use to successfully innovate and what leaders can learn from Steve Jobs. Radhika also offers advice to company leaders on shifting their company’s culture and mindset and adopting a vision-driven product mindset.

 

“Traditionally, we've always thought about product as a physical or digital thing. What I've realized is product is really a way of thinking, and it's really high time that we change or rethink what product itself means.” -Radhika Dutt

 

This week on Innovation Talks:

 

●     What a Silicon Valley mindset can tell us about testing hypotheses

●     How Radhika developed the Radical Product Thinking framework

●     How Radhika came to write her book Radical Product Thinking: The New Mindset for Innovating Smarter

●     Signs you may have obsessive sales disorder or feature-itis

●     The importance of culture in innovation

●     A new way to view culture

●     What a clear vision for your culture can do for teams

●     The benefits of giving teams more autonomy and decision-making power

●     Radhika’s framework for decision-making

●     The perfect balance for company leaders 

●     What leaders today can learn from the launch of the iPhone

●     Why understanding pain points is fundamental to innovation

●     How to translate strategy into everyday decision making

●     How to shift your organization’s mindset to a vision-driven product mindset

 

Resources Mentioned:

 

●     Book Drive: The Surprising Truth About What Motivates Us (https://www.amazon.com/Drive-Surprising-Truth-About-Motivates/dp/1594484805) by Daniel Pink

 

Connect with Radhika Dutt:

 

●     Radhika Dutt Website (https://www.radicalproduct.com/)

●     Book: Radical Product Thinking: The New MIndset For Innovating Smarter (https://www.amazon.com/Radical-Product-Thinking-Mindset-Innovating-ebook/dp/B08ZNV7SW4/ref=sr_1_1?dchild=1&keywords=radical+product&qid=1624988263&sr=8-1)

●     Radhika Dutt on LinkedIn (https://www.linkedin.com/in/radhika-dutt/)

●     Radhika Dutt on Twitter (https://twitter.com/radhikadutt?lang=en)

●     Radhika Dutt on Medium (https://rdutt.medium.com/)

 

This Podcast is brought to you by Sopheon

 

Thanks for tuning into this week’s episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.

 

Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (

Huub J.M. Rutten is the co-founder and Vice President of Research at Sopheon. He has over 20 years of experience in linguistics, communication, and innovation management. He spent 15 years teaching linguistic disciplines and communication skills at universities in the Netherlands before moving into strategy development consulting and business process reengineering in various industries. Rutten is also an adjunct professor at the European Institute for Public Administration (EIPA), where he teaches European IT politics and strategies. His current focus is on modernizing innovation management methodologies and software, working closely with manufacturing and chemical companies. He is passionate about sustainability and digitization and the ways they intersect.

 

Today, Huub joins me to discuss data quality, why it’s vital to the success of an organization, and why so many organizations fail to make it a priority. He shows us why data quality isn’t just an IT issue but a leadership issue that requires a shift in company culture. He emphasizes the importance of data quality during a crisis and explains how good data quality can help leaders make quick decisions to keep the company operational and financially stable. He highlights the commonly held belief that data quality is a burden and stresses how essential it is to the smooth functioning of the company. Huub also underscores the need for an internal governance process and elaborates on the role of the CEO in decision-making.

 

“As long as companies see innovation management and innovation management systems as something that is marginal and not critical to their survival, the quality will not be top.” - Huub Rutten

 

This week on Innovation Talks:

 

●     Why data quality isn’t just an IT issue

●     Why companies often overlook data quality

●     Why data quality is more important than ever

●     How data can help you make quick decisions

●     The key aspect of data quality

●     How a lack of data can hurt you in a crisis

●     Why companies choose to focus on product innovation instead of plant utilization

●     Why you need both project and product portfolios to make the best decisions

●     Why data on product complexity, cost, and availability is necessary for decision-making

●     How an innovation council can help during a crisis

 

Connect with Huub Rutten:

 

●     Huub Rutten Website (https://www.huubrutten.com/)

●     Huub Rutten on LinkedIn (https://www.linkedin.com/in/huub-rutten-9958136/?originalSubdomain=nl)

 

This Podcast is brought to you by Sopheon

 

Thanks for tuning into this week’s episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.

 

Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)

 

Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.

 

For additional information about new product development or corporate innovation, sign up for Sopheon’s newsletter, where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

Randy Eager is the co-founder and CEO of SilisiumTech, where he helped innovate new processes to make solar electricity more affordable and accessible. SilisiumTech is the latest in a long string of companies Randy has founded, including Chement, ESTAT Actuation, and Aqualibrium. He has dedicated his life to launching new companies and helping early-stage entrepreneurs realize their innovative ideas.

 

David Cerniglia is a full-stack software developer passionate about building new software products. He studied 18th-century British literature and culture as a graduate student at Carnegie Mellon but later found himself drawn toward the path of entrepreneurship. Randy and David met at the Founder Institute, which Randy founded in 2017. The Founder Institute helps accelerate the journey of new entrepreneurs through mentorship and education.  

 

Today, Randy and David discuss the Founder Institute. David explains how he went from studying humanities to becoming a software developer and how his time at the Founder Institute helped him find his true passion. Randy describes the Founder Institute experience and how the 14-week program helps students take an idea and turn it into a solid investor pitch. We also discuss the sense of community the Founder Institute fosters, how to find a chapter anywhere in the world, and how to apply.

 

 “When you're an entrepreneur, you start something by yourself. It's a pretty lonely place to be. Many of the alums said that the reason to do the Founder Institute was to find your patch.” - Randy Eager

 

This week on Innovation Talks:

 

●     How David and Randy met

●     The mission of the Founder Institute

●     How the Founder Institute program helps new entrepreneurs test their ideas for market

●     How David discovered the Founder Institute

●     How Founder Institute students form a community

●     The benefits of taking the Founder Institute worldwide

●     What David learned from his time at the Founder Institute

●     Why product managers are the best startup CEOs

●     How to apply to the Founder Institute

 

Resources Mentioned:

 

●     Apply To Founder Institute  (https://fi.co/join/home)

 

Connect with Randy Eager and David Cerniglia:

 

●     Founder Institute Website (https://fi.co/)

●     Randy Eager on LinkedIn (https://www.linkedin.com/in/randyeager/)

●     David Cerniglia on LinkedIn (https://www.linkedin.com/in/david-cerniglia/)

●     Founder Institute on LinkedIn (https://www.linkedin.com/company/founder-institute-pittsburgh/)

 

This Podcast is brought to you by Sopheon

 

Thanks for tuning into this week’s episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.

 

Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)

 

Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.

 

For additional information about new product development or corporate innovation, sign up for Sopheon’s monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

Kevin Brady is a corporate and product sustainability expert specializing in improving organizations’ environmental, social, and financial performance. As the founder of Sustainable Enterprise Consulting, he has helped Fortune and Global 500 companies in diverse industries such as mining, energy, consumer goods, transportation, and retail. In 2012, he was recognized as a member of Canada’s Clean 16 for his achievements in clean capitalism. Kevin has written a number of books and reports, including Mapping the Journey: Strategies and Action toward Sustainable Development, Eco-efficiency: Global Challenges and Opportunities in the 21st Century, and Corporate Social Responsibility: Lessons Learned. He is also an adjunct professor at Carleton University School of Industrial Design.

Today, Kevin shares the story of how he started his career and the challenges of getting companies to look more favorably at sustainability. He provides insight into the four main types of companies focusing on sustainability and what they get right and wrong about their environmental footprint. We discuss greenwashing and how companies try to make themselves look more sustainable than they actually are. Kevin explains why sustainability goes beyond a company’s environmental impact and what it means for workers' rights. He also offers a glimpse into how he works with new companies and highlights what he focuses on.

 

“You have to have the tools and the right people to ask the right questions with the right data to make good decisions.” - Kevin Brady

 

This week on Innovation Talks:

 

●     How Kevin got his start in sustainability

●     The four main types of companies that focus on sustainability

●     How investors have influenced sustainability

●     The negative effects of greenwashing

●     The source of 85% of a company’s sustainability impact

●     Why sustainability goes beyond environmental impact

●     How externalities affect greenhouse gas emissions

●     The first aspect of sustainability Kevin looks at when working with a new company

●     How Kevin became an adjunct professor

 

Resources Mentioned:

 

●     Novelis Case Study (https://www.novelis.com/resources/case-studies/)

●     Book: The Ecology of Commerce: A Declaration of Sustainability (https://www.amazon.com/Ecology-Commerce-Revised-Declaration-Sustainability/dp/0061252794) by Paul Hawken

 

 

Connect with Kevin Brady:

 

●     Ausenco (https://ausenco.com/)

●     Ausenco on Facebook (https://www.facebook.com/Ausenco/)

●     Ausenco on Linkedin (https://www.linkedin.com/company/ausenco/)

●     Ausenco on Twitter (https://twitter.com/Ausenco)

●     Ausenco on Instagram (https://www.instagram.com/ausenco/)

●     Kevin Brady on Linkedin (https://www.linkedin.com/in/kevin-brady-a47a2a/?originalSubdomain=ca)

 

This Podcast is brought to you by Sopheon

 

Thanks for tuning into this week’s episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.

 

Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)

 

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For additional information around new product development or corporate innovation, sign up for Sopheon’s newsletter where we share news and indu

Dr. Ralph-Christian Ohr is Dual Innovation's founder and managing partner, which helps future-proof companies through innovation. He is a top voice on LinkedIn and Twitter and uses his platform to educate his readers about how to avoid "innovation theater" by making their innovation activities impactful. He also co-authored the book Scaling-Up Corporate Startups: Turn Innovation Concepts into Business Impact.

 

Dr. Eva Budischin is Head of New Business Building and Innovation at Bosch Engineering—she has been with the company since 2014. Eva developed the Bosch Innovation Framework and co-founded the Bosch Accelerator Program alongside the Bosch Business Model Academy. She has tested over 150 startup ideas and used her insight to become the intrapreneur of her own Bosch startup. Together, they co-authored an eight-part white paper titled Dual Innovation: Key Principles and Future-Proofing Corporate Innovation.

 

Today, Eva and Ralph tell how they both recognized the importance of dual innovation and how it led to their partnership. They discuss working together to help companies approach innovation by adopting different mindsets around traditional KPIs and bridging the gap between validating a new idea and a fully-fledged business. They debunk common wisdom from other experts about the role of "one size fits all" solutions in innovation. Eva shares her insights from working at Bosch, including her experience at the Bosch Accelerator Program and the direction she sees Bosch heading in the future. They also offer some actionable advice to create a culture of innovation.

 

"We need to add another step to fill the gap between the validated venture and and fully-fledged business. That's what scaling up is all about." - Dr. Ralph-Christian Ohr.

 

This week on Innovation Talks:

 

●     Defining dual innovation

●     The importance of organizational ambidexterity

●     The history of dual innovation

●     The rise in popularity of business model innovation

●     How Ralph and Eva's partnership developed

●     What exploration units can do

●     What traditional KPIs can't tell you about innovation success

●     Why "one size fits all" solutions aren't as valuable as customizable frameworks

●     The step between the validation process and a fully-fledged business

●     How the Bosch Accelerator Program tests new startups

●     Finding the right ingredients for innovation in your organization

●     Why most companies struggle to innovate

● Eva's predictions for the future of Bosch

 

Resources Mentioned:

 

●     White Paper: Dual Innovation: Key Principles and Future-Proofing Corporate Innovation (https://www.linkedin.com/pulse/dual-innovation-key-principles-future-proofing-corporate-ohr/) by Ralph-Christian Ohr and Eva Budischin

 

Connect with Dr. Ralph-Christian Ohr and Dr. Eva Budischin:

 

●     Dr. Eva Budischin on LinkedIn (https://www.linkedin.com/in/dr-eva-budischin-7a677945/?locale=en_US)

●     Dr. Ralph-Christian Ohr on LinkedIn (https://www.linkedin.com/in/ralphchristianohr/?originalSubdomain=ch)

●     Dr. Ralph-Christian Ohr's LinkedIn Articles (https://www.linkedin.com/posts/ralphchristianohr_dual-innovation-principles-and-implementation-activity-6993254920929865728-WHOr?utm_source=share&utm_medium=member_desktop)

 

 

This Podcast is brought to you by Sopheon.

 

Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.

 

Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.c

You need an effective strategy to launch a new idea in your company. But once you have that strategy, where do you go from there? How you execute your strategy is even more important than the strategy itself; however, the execution phase is where most businesses fail. Of course, failure is always a risk when trying to innovate, but is there a way to minimize that risk? I think there are some common mistakes you can avoid when executing your own strategy.

 

Today, I share eight tips you can implement to prevent failure and execute successfully on your strategy. I discuss metrics to pay attention to—like OKRs and KPIs—and the internal materials every company needs to have to clarify its message on innovation. I identify the people in your company that need to be included in the execution of your strategy and what they need to know. I also offer actionable insights about identifying risks and changing your mindset about innovation.

 

“A likelihood of success allows you to look at a strategy in a different lens and helps you balance strategies against each other.” - Paul Heller

 

This week on Innovation Talks:

 

●     Why do so many companies fail to execute their strategy properly

●     How to define the right OKRs

●     What metrics do you need to measure your progress

●     What should you include in your elevator message

●     How to identify the key players in executing your strategy and what they need to know

●     Identifying your review processes

●     The importance of an action plan

●     How to discern risks in your strategy

●     Why you need to use scorecards

●     How to tie initiatives and projects to your strategy

●     Why a portfolio approach gives you an advantage

 

Resources Mentioned:

 

●     Blog Post: What are OKRs, and how do they work? (https://www.sopheon.com/products/acclaimideas/insights/what-are-okrs-and-how-do-they-work)

●  Connect with Paul Heller on LinkedIn (https://www.linkedin.com/in/hellerpaul/)

 

This Podcast is brought to you by Sopheon

 

Thanks for tuning into this week’s episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.

 

Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)

 

Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.

 

For additional information about new product development or corporate innovation, sign up for Sopheon’s monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

Noel Sobelman, a leadership advisor from San Diego, California, helps established companies increase growth and productivity. Throughout his 35 years of professional experience, Noel has become an expert in innovation. He is also a writer and public speaker, sharing his expertise on how innovation can disrupt legacy systems. Noel is currently a partner at Accel Management Group, a business and consulting company that gives its clients data-driven competitive advantages. He specializes in working with corporate leaders in the areas of portfolio management, growth strategy, and innovation capability building. Previously, he has worked at Change Logic, Kalyspo, and Kyocera Wireless.

 

Today, Noel is back to discuss why you need a portfolio management capability in your company to boost productivity and make the best use of your company resources. He shares his insights into using portfolio management to prevent bottlenecks in the innovation process. He identifies the impact poor portfolio management can have on a company. He reveals the nine key elements he investigates when he starts working with a new client and how to identify challenges in your company. Noel also explains how you can improve planning and review processes to stay ahead of the rapidly changing economic environment.

 

“As we go further into this market downturn, companies are gonna be rethinking their strategies. Make sure that you have the mechanisms for making sure that any change in strategy filters down to the projects that you're prioritizing in your portfolios.” - Noel Sobelman

 

This week on Innovation Talks:

 

●     Why portfolio management is important

●     How portfolio management affects company-wide productivity and future investments

●     How to ensure your company is working on the most valuable output

●     How to prevent bottlenecks in your development pipeline

●     The core symptoms of poor portfolio management

●     Why your annual plan needs to be revisited throughout the year

●     How portfolio management can help you vet ideas

●     How to build a strong portfolio management capability

●     Questions to ask leadership in your company

●     The types of portfolio management systems Noel has found the most effective

●     Nine elements of portfolio management that Noel thinks are key to success

●     How to identify where your challenges are across leadership teams

●     Why complexity is the enemy

●     How portfolio structure informs your portfolio management planning

●     The key discoveries that need to come from a portfolio review

●     Why portfolio management will become more important during an economic downturn

 

Connect with Noel Sobelman:

 

●     Accel Management Group (https://www.accelmg.com/)

●     Noel Sobelman on LinkedIn (https://www.linkedin.com/in/noelsobelman/)

●     Noel Sobleman’s Articles on LinkedIn (https://www.linkedin.com/in/noelsobelman/recent-activity/posts/)

 

This Podcast is brought to you by Sopheon

 

Thanks for tuning into this week’s episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.

 

Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)

 

Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.

 

For additional infor

Mike Bauer is a leading product and strategy executive, business mentor, and the Chief Products Officer of Sopheon. He joined Sopheon in 2021 and has helped the company expand its SaaS solutions, which make it possible for companies worldwide to bring their innovative products to market. His experience in data communications, enterprise software, marketing automation, and big data led him to believe in the power of innovation. He graduated from Harvard Business School and Ohio State University and serves as a business mentor at the Founder Institute.

Today, I’m checking back with Mike to continue our conversation from November 2021 about enterprise innovation management and project portfolio management. He shares what he learned from interviewing over 100 clients about approaches to innovation. He defines innovation in the current business landscape and clarifies that the definition is much broader than commonly assumed. He discusses the factors that must come together for a company to innovate and how failure is a part of innovation. Mike also reveals the role of company culture and offers advice on fostering a culture that encourages innovation.

 

“You don't mandate an innovative culture—you build it.” -Mike Bauer

 

This week on Innovation Talks:

 

●     Why enterprise innovation management and project portfolio management are two sides of the same coin

●     The challenges innovators face

●     Mike’s observations from talking to over 100 clients

●     What innovation can look like for businesses

●     All the factors that need to come together to make innovation possible

●     Why 60% to 80% of innovations fail

●     What executives need to focus on to be able to innovate “at scale”

●     Why ideation is an essential part of innovation

●     The most important skill for the ideation process

●     Why coming up with great ideas is only the first step

●     Setting up a connected system to drive innovation

●     Why Mike supports the idea of DevOps

●     Why business owners need to bring together practices, people, and tools to innovate successfully

●     Why philosophies aren’t enough to operationalize

●     Is company culture or the way employees do their jobs more important

●     Why accepting failure is part of innovation

●     How to build an innovation culture at your company

●     How innovation benefits customers and how Sopheon empowers customers with innovation

 

Resources Mentioned:

 

●     Book: Inspired: How To Create Tech Products Customers Love (https://www.amazon.com/INSPIRED-Create-Tech-Products-Customers/dp/1119387507) by Marty Cagan

●     Book: Innovation Accounting by (https://www.amazon.com/Innovation-Accounting-Practical-Ecosystems-Performance/dp/9063696205?tag=groundcont0c8-20&crid=224CCJ21AVE70&keywords=innovation%20accounting&qid=1653983398&sprefix=innovation%20accounting,aps,126&sr=8-1&linkId=9760c57d2914123b93578d879600f3bb&ref_=as_li_ss_tl&geniuslink=true) Esther Gons and Dan Toma

●     Book: The Lean Startup (https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898) by Eric Ries

 

Connect with Mike Bauer:

 

●     Sopheon Website (https://www.sopheon.com/)

●     Sopheon on LinkedIn (https://www.linkedin.com/company/sopheon)

●     Sopheon on Facebook (https://www.facebook.com/SopheonCorp/)

●     Sopheon on Twitter (https://twitter.com/Sopheon)

●     Mike Bauer on LinkedIn (https://www.linkedin.com/in/mikebauer224/)

 

This Podcast is brought to you by Sopheon

 

Thanks for tuning into this week’s episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.

 

Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udG

Robyn Bolton is a corporate innovation expert. She is the founder and Chief Navigator of MileZero, an organization that partners with business leaders and guides them through leveraging innovation to confidently and repeatedly grow revenue. Robyn began her professional career at Procter & Gamble, where she served as Brand Manager and was part of the team that launched the Swiffer and the Swiffer WetJet. She has collaborated with innovators at Nike, Medtronic, and Teachers Pay Teachers. Robyn holds a Master of Business Administration degree from Harvard Business School and a Bachelor’s degree in Marketing from Miami University.

 

Robyn joins me today to discuss the relationship between leadership and innovation. She shares her background and how she began helping business leaders leverage innovation. She describes the innovator’s dilemma and explores why organizations find it difficult to innovate. Robyn also highlights “the ABCs of innovation” and the factors that build culture and offers advice to executives and leaders of innovation teams.

 

“Strategy and innovation have to go hand in hand. Innovation is not an end in itself—it has to be tied to, and in service of, achieving a strategic goal.” - Robyn Bolton

 

This week on Innovation Talks:

 

●     MileZero’s purpose and what it means to be Chief Navigator

●     What innovation means for Robyn

●     Innovation burnout and the innovator’s dilemma

●     Why innovation is the opposite of operations and what makes it difficult to achieve

●     Why strategy and innovation have to come together

●     Why companies struggle with innovation

●     How to keep innovating during challenging times

●     Addressing the shiny object syndrome in innovation

●     Robyn’s five-year forecast on innovation

 

Resources Mentioned:

 

●     Book: The Innovator's Dilemma: The Revolutionary Book That Will Change the Way You Do Business (https://www.amazon.com/Innovators-Dilemma-Revolutionary-Change-Business/dp/0062060244) by Clayton M. Christensen

 

Connect with Robyn Bolton:

 

●     MileZero LLC (https://www.milezero.io/)

●     MileZero LLC on LinkedIn (https://www.linkedin.com/company/milezerobos/)

●     Robyn Bolton on LinkedIn (https://www.linkedin.com/in/robynmbolton/)

 

This Podcast is brought to you by Sopheon

 

Thanks for tuning into this week’s episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.

 

Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)

 

Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.

 

For additional information about new product development or corporate innovation, sign up for Sopheon’s monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .