Remove Agile Remove Change Remove Course Remove Radical Innovation
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So Where Is Innovation Heading?

Paul Hobcraft

We are in the middle of it, some of you may not have noticed its impact and change but it is significant on the understanding of innovation, in it’s future design. Often this era of change is not as well-recognized or being faced up to, as you would expect. To achieve this innovation has gone digital, pure and simple.

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Seeking fresh winds and new directions

Paul Hobcraft

Anyone who has felt the ‘full force of the wind’ will know the feeling of how hard it is to keep on your feet, to stay determined to stay upright and true, to hold the course, whatever happens. When you feel the force of change running through the organization, you tend to have that same sensation, to resist the force with all your energy.

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The Case for Dual Innovation

Tim Kastelle

Evaluating breakthrough innovation cultures and organization s, BCG concludes in their annual 2014 study: By definition, breakthrough innovation is the introduction of new ideas that drive a different way of doing things. This requires risk taking, of course, since no one can foresee the outcome or results of such initiatives.

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Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

And that, in turn, requires a risk management process that can shorten learning cycles, recognize failures early and make timely course corrections—a process that facilitates a company wide dialogue around which risks are acceptable and how much risk is appropriate, based on potential returns”.

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Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

And that, in turn, requires a risk management process that can shorten learning cycles, recognize failures early and make timely course corrections—a process that facilitates a company wide dialogue around which risks are acceptable and how much risk is appropriate, based on potential returns”.

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Rethinking the measuring of innovation

Paul Hobcraft

Why do established businesses ignore the investment rationale for delivering real innovation winners that can change the fortune of the business and leave this ‘venturing’ to others to gain transformational solutions or even radically alter existing business value propositions and then ‘cry’ over being disrupted?

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The Case for Dual Innovation

Integrative Innovation

Evaluating breakthrough innovation cultures and organization s, BCG concludes in their annual 2014 study: By definition, breakthrough innovation is the introduction of new ideas that drive a different way of doing things. This requires risk taking, of course, since no one can foresee the outcome or results of such initiatives.