Paul Hobcraft
SEPTEMBER 27, 2017
They are not yet at the point of being digitally effective to turn what they have into real competitive advantage as they lack the capabilities in big data analysis and those algorithms that reveal ground-breaking innovations, Are they hanging on in the belief they will become digitally transformed eventually or just deluding themselves?
Innov8rs
APRIL 7, 2024
Innov8rs | Breakthrough innovations are characterized by their ability to disrupt or redefine the competitive landscape, often rendering existing solutions obsolete. They represent a radical departure from existing products, services, or processes, paving the way for new markets, industries, and value networks.
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hackerearth
OCTOBER 13, 2017
“Travel anywhere on earth in a rocket under an hour.” The aim was to understand how Musk makes these radical innovations possible and how exactly he propels innovation. Less than 10% of all innovation falls under this category. How SpaceX propelled innovation with no investment? Source: Freshminds.
Paul Hobcraft
OCTOBER 3, 2016
The promise needs to be clear, it allows for far more breakthrough innovation, greater challenging of the existing status quo to gain substantial competitive advantage but it will constantly take organizations out of their existing comfort zones. Why not come and join us as we travel this journey. The Status Quo is history.
Tim Kastelle
MARCH 7, 2016
This requires companies to proactively or reactively innovate their business models in order to remain competitive. Recent research has confirmed successfully disrupting as well as outperforming companies to be significantly more engaged in business model innovation. Cases in point: Lego and Burberry.
Paul Hobcraft
OCTOBER 3, 2016
The promise needs to be clear, it allows for far more breakthrough innovation, greater challenging of the existing status quo to gain that substantial competitive advantage but it will constantly take organizations out of their existing comfort zones. Why not come and join us as we travel this journey. The Status Quo is history.
Idea to Value
JULY 21, 2017
It can be used to “balance” the portfolio budget and resources between projects which build out the core business, build related new innovations and also more radical innovations ( see point 3 about Three Horizons). It can significantly reduce the perceived risk associated with doing innovation projects.
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