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Innovation Matrix 4.0 – Now With More @Nilofer

The Innovation Matrix is back, and now I’m collaborating on it with Nilofer Merchant! Here is a sneak peek at some of the work that we’re doing.

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Xiameter Case Study: Adding Business Model Innovation

We often think that it’s particularly hard for big, established firms to innovate. Yes, there are obstacles. And yet, many manage to innovate, and to do so very effectively. Dow Corning and their business model innovation in launching Xiameter is a good case study of an innovative big firm.

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Where Does Innovation Fit in Your Business Model?

If you are using a tool like the Business Model Canvas, where does innovation fit? The answer depends on your strategy. I use The Innovation Matrix to outline several different strategies, and how the business models for these will be different.

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Why Lean Startups Turn Into Innovative Firms

One of the exciting trends in innovation right now is the lean startup idea.  The basic premise is that when ventures are starting out, building a scalable business model needs to be a top priority.  People like Steve Blank, Eric Reis, Ash Maurya and Alex Osterwalder are all doing great work in this area. I’m […]

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The Complete Innovation Matrix

This post collects all of my thinking on The Innovation Matrix. I will update it as I add more posts. There are a few things that you can do with this. The cool thing is that it can collect all of the posts into one file, that you can then read in order (though the […]

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Procter & Gamble – Using Open Innovation to Become a World Class Innovator

Note: This is part of a series of posts discussing The Innovation Matrix. See this post for a description of the full model and what can be done with it. We can use The Innovation Matrix to help us understand how the innovation capability of firms evolves over time. A great case study in this […]

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Comet Coffee – Innovation Matrix Case Study

Note: This is part of a series of posts discussing The Innovation Matrix. See this post for a description of the full model and what can be done with it. This morning I gave a talk on The Innovation Matrix up in Mackay. It was great to see that the ideas in it resonated with […]

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How to Improve Your Innovation Competence – Experiment!

Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. I presented The Innovation Matrix at a conference last week. After the other three speakers in my session had given their […]

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Nearly Great Innovators – The Innovation Matrix

Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. Potential Stars Some firms have a high level of Innovation Commitment, and they also have a reasonably high level of Innovation […]

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How Much Innovation Commitment Do You Need? The Innovation Matrix

Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. Stars (at Risk) How do you describe firms that have a high level of Innovation Competence but no Innovation Commitment? My […]

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Mythical Innovators – The Innovation Matrix

Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. Unicorns In the last post, I discussed the three stable states in the Innovation Matrix. These are the places where Innovation […]

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How Much Innovation is Enough? The Innovation Matrix

Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. Fit for Purpose and World Class Innovators In a perfect world, as firms increase their Innovation Competence, their Innovation Commitment, should […]

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