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Recognizing the Building Blocks of Innovation

Paul Hobcraft

So this post reviews many great contributors to advancing innovation over the years. Lean Startup: This approach was about creating a minimum viable product (MVP) and testing it in the market to get customer feedback. The need today is not to dispense with this but to link it fully up.

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Industry 4.0: what it is and what are its current impacts

mjvinnovation

is also called the “fourth industrial revolution” – the process initiated by England in 1760 was followed by major modernization movements: the “lean revolution” that occurred around 1970, the intensive globalization process in the 1990s and, more recently, the extreme automation started in the 2000s. Industry 4.0

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7 Habits of Highly Innovative Companies

ITONICS

Large corporations have taken steps towards being more agile and adapting to the rapid pace of digitization by improving their oftentimes long innovation processes and giving more autonomy to employees. Another big business, Daimler Financial Services , invested several million dollars to run a Startup Intelligence Center (SIC).

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

It requires a more deliberated approach, such as the lean startup process, design thinking or a combination thereof. Tip: Tim Kastelle has posted a worthwile series on how to implement lean startup for innovation initiatives. A well-suited way to govern this approach is to manage a portfolio of initiatives.

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The Perfect Conditions for Entering A New Innovation Era in 2017

Paul Hobcraft

There is a time where each business has to become highly adaptive, agile, open and mutually dependent on others to deliver in this ‘connected’ world to exploit these conditions and explore the opportunities that will emerge. The communication means, the choice of apps and software, the growing use of the cloud are allowing us to change.

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A New Way of Thinking About the Automotive Industry

Qmarkets

While cars have become increasingly more computerized, they are still relatively unintelligent, inefficient, and rarely connected to the Internet with no unifying platform that allows third party software to be run. Some of the biggest automotive companies are now taking notice and beginning to utilize this methodology.