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Wellspring Blog

Corporate Memory

May 28, 2021
Recently we found ourselves looking at a seldom used feature in our product and discussing if we should change the way that it worked. It was a feature of our product that had existed for at least fifteen years. Some of us felt it was not working correctly and others thought it was working just... Read More

Sopheon CEO Tackles Smart Product Development Challenges on World Product Day 2021

May 18, 2021
“The job of a product manager is to discover a product that is valuable, usable, and feasible,” says Marty Cagan, Founding Partner of Silicon Valley Product Group and a 30-year veteran of product management. Read More

What is a “Minimum Viable Product” (MVP) Approach to Enterprise Innovation Transformation?

May 12, 2021
As consumers begin to make their way back out in the world, newly vaccinated and likely to resume more traditional spending patterns, CPG firms are recognizing a need to jumpstart new product development to quickly capitalize on this market opportunity. Read More

Is innovation a mitigation or a risk?

May 11, 2021
We meet innovation consultant Hannah Keartland, whose experience puts her in a unique position to answer one of the biggest questions for business leaders considering innovation. Hannah initially trained as an accountant and worked in finance. “Finance has a role of mitigating risk”, she explains... Read More

Quick “MVP” Deployment: Mondelēz International's Approach to Enterprise Innovation Management

May 07, 2021
Mondelēz International is a global food leader with names like Oreo, Cadbury and Chips Ahoy in its long line of historied and well-loved brands. Even though Mondelēz International is a relatively young company, it is built on several foundational brands, some of which date back over 100 years.... Read More

Protecting Innovation’s Portfolio While Fielding Business Requests

April 29, 2021
Despite grand plans for disruptive innovation and headline-grabbing announcements, plenty of organizations manage to get in their own way when it comes to innovation. Many believe they have an impressive range of innovation activities, covering the gamut from incremental (H1) to adjacent (H2) to... Read More

IoT + Smart Products: Managing Future Business Starts with Radical Alignment

April 29, 2021
The Internet of Things (IoT) has transformed product innovation across nearly every sector of the economy. Connected cars, smart home devices and connected industrial equipment are among the more than 30 billion devices expected by the year 2025, rapidly outpacing non-IoT devices such as cell... Read More

Smart Product and IoT Manufacturing Require New Realization Processes, Best Practices

April 21, 2021
The digital revolution has touched every aspect of business, and manufacturing is no exception. Consider the plethora of “smart” and connected products on the market – cars and appliances are perfect examples – and then consider the dual-track product development that must happen to bring these... Read More

The Challenge of Creating Smart Products

April 07, 2021
What are smart products? To the consumer, a smart product is one that has intelligence. It is connected. It is automated. It performs actions on behalf of the user. Read More

Mothers of Invention: Episode 5 – The Future of Work

April 07, 2021
We discuss how businesses and employees have responded to the sudden shift to working from home, and the potential opportunities this change presents in the long term. The Mothers of Invention community of innovators, entrepreneurs, consultants, founders, and business owners has been meeting every... Read More

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