Running innovation in this way has many of the same benefits that the Scrum development process creates such as: The short iterations allow for real progress and rapid learning.

Innovation is a complex and dynamic process, and effective management of the concept stage gate is essential for organizations to thrive in today's competitive landscape.

For example, are there generative AI tools that can contribute to the innovation process by helping your teams work faster, smarter, and uncover insights hidden in your data?

Innovation and improvement occurs in Horizon 1 on process, procedures, costs, etc. Product management for Horizon 1 uses existing product management tools such as StageGate or the equivalent.

Co-innovation, done right, can be a growth lever that yields exponential gains by addressing the thorniest problems your business faces.

The relationship between process improvement and innovation is crucial—they are two sides of the same coin; reinforcing the other to achieve performance.

In Relentless Innovation, Jeffrey Phillips offers a clear-eyed primer for managing the innovation process.

Here’s the issue: Disruptive innovation isn’t how innovation works in the real world when you’re in the process of doing it — it is obvious only in retrospect when described by storytellers.

Innovation is not simply coming up with ideas. Innovation is about actualizing ideas and re-imagining how things work. For something to be innovative, it must also actually effect a change.