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Traditionally, enterprise architecture (EA) has been largely defined as an IT role. Its purpose was to help organizations’ IT infrastructure and modernization of projects. These days, enterprise architecture is evolving into something bigger. It’s moving away from a practice heavily rooted in day-to-day IT management, and is now becoming more strategic in helping organizations innovate...
What does innovation management mean to you? Does it mean gathering ideas or does it mean building a culture of engagement? If you answered yes to both, you’re on the right track. You need ideas to be innovative, but you need an innovation culture to continually source the most valuable ideas. The concept of “building...
Global companies waste at least $100 billion dollars per year on innovation, according to an article in MIT Sloan Management Review. Somewhere between idea and implementation exist numerous points of failure. One of these is on the front end: Failure to engage employees, partners, and customers in your innovation management process. These are the people...
Digital transformation and reinvention are lofty goals for any organization in this constantly changing world of work and resources. Every organization that aspires to rewire and go after new market opportunities has to face the fact that innovation depends upon ideation from within. Transformation is far more than new projects and ideas. You have to...
Innovation-driven firms are always on the lookout for effective new ways to communicate the nuances of their product pipeline and competitive position to management, analysts, and the product teams within R&D. While the pipeline charts offered within Enrich Analytics have become a go-to best-practice for our clients, we noticed a few companies building radial charts...
Data can become out-of-date quickly. Once entered into a system, you’ll often find that, when you need it, it is already outdated. Capability and technology management (CTM) can serve as a single source of truth, a source of business and technology insights, and an encouragement of self-service. With such a source, enterprise architects are able...
Ideation + Delivery = Innovation. It’s a simple equation that is often a lot easier said than done. But why? We have heard it time and again…Somewhere between the birth of an idea and the delivery phase, innovation slows or becomes nonexistent. Which is why “Innovation is rewarded but execution is worshipped!” While most innovation...
Are you utilizing concept development workshops as part of your ideation processes? Are you coming up with and executing on winning ideas? If not, you’ve come to the right place. This blog post will help you understand the value of concept development workshops and the steps you can take to find out if those winning...
Recently, Apple announced it was ending its iconic iTunes app, President Trump surprised the market with new tariff threats against Mexico, and the U.S. government increased scrutiny over Google, Apple, and Facebook over possible antitrust violations. All of these market disruptions are poised to hurt some companies while presenting opportunities for others. What effect could...
Having a well-defined innovation strategy is more important than ever. To keep up with the modern professional landscape, companies must create an innovation culture that constantly looks for new ways to meet the needs of the customer. One way to do that is through crowdsourced innovation. There’s going to be a time when you don’t...
