Get the inside scoop on voice-enabled mobile banking, including details on U.S. Bank’s strategy, the innovation team, the challenge identified, the pilot success criteria, insights on risk management, how failure helped lead the way, and more. Get the article (includes video)
Mark Nitkey has been an executive at companies like Apple, Gap Inc., Victoria’s Secret, and Ahold, the Dutch grocer. He writes, “Complexity is Public Enemy #1 when it comes to innovation. You may have the budget. You may have the CEO’s explicit support. But when things are too complex, innovation initiatives die.” Here’s his advice on a simpler approach
The pressure is on Jamba Juice’s vice president of product innovation Brian Lee to help the company transform itself from smoothie purveyor to a more complete healthy food and drink destination. Lee has engineered a number of new product launches, expanding Jamba’s reach in beverages with fresh-squeezed juices and making a leap into the healthy food space with energy bowls. Lee lays out the steps Jamba goes through when developing a new food or drink idea
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Our latest subscriber question: “We’re a very large, well-known consumer products company, and our innovation portfolio is actually quite complex, as we have many different types of initiatives included, all at vastly different stages. In fact, we often debate whether certain projects should be included at all. Do you have any best practices related to defining what should be included, what should be left out, how they should be categorized or grouped, etc.?”
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