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Consulting Industry Caught in the Crossfire

Innovation Excellence

Digital Disruption Strategy Technology The Economy agile Artificial Intelligence Consulting content marketing eminence internal consulting Project management strategy consulting Thought Leadership TrendsIncreasingly intelligent digital technologies and mercurial customer expectations threaten both people and enterprise at every turn.

Artificial Intelligence and the Consulting Industry

Innovation Excellence

The same technologies that have led to the growth of consulting companies over the last couple of decades, will begin to lead to a shrinking of those same consulting firms. The increasing diversification of the large global consultancies into other specialties is the first step to what is an inevitable shrinkage forced upon the industry by three factors.

The Challenges being Faced by Innovation Consultants

Paul Hobcraft

From my perspective I’ve been looking at a real challenge today, that many consultants offering innovation services are not providing real sustaining consulting value to clients, only ad-hoc services. In many ways, the consulting industry specializing in innovation is its own worst enemy. The mismatch of client needs and consultants offerings.

Excellent review of the latest 2015/2016 innovation consulting reports

Idea to Value

Believe it or not, this isn’t the only innovation website out there, and I’m not the only innovation consultant in the world. Originally published at Excellent review of the latest 2015/2016 innovation consulting reports. innovation

Six Keys to Making Collaborative Innovation Successful – Webinar and Book

Speaker: Soren Kaplan, Founder of InnovationPoint

consult with a professional where appropriate, Neither the publisher nor author shall be liable. tank and consultancy that serves the most innovative Fortune. BOOK GROUP PRESS www.gbgpress.com GREENLEAF The H o w t o C r e a t e a C U l t U r e o f i N N o v a t i o N S o r e n K a p l a n , p h D An Excerpt from. special, incidental, consequential, or other damages. world. But most.

Building Firm Value with Thought Leadership

Innovation Excellence

While most consulting firms spring to life and find early success because of the strength of their thought leadership, in general, over time most consulting firms tend to under-invest in thought leadership and as a consequence they find themselves vulnerable to new entrants nibbling around the edges of their core business and see their growth slow and eventually turn negative.

What Some Consultants See That Leads to Them Getting Fired Or Never Hired in the First Place

Idea Champions

"They are playing a game. They are playing. at not playing a game. If I show them. I see they are, I shall break the rules. and they will punish me. must play their game, of not seeing I see the game.". -- R.D. Laing. Idea Champions. Bridging the Gulf. Listening with Impact. Becoming an Adaptive Leader

Are you an expert?

Braden Kelley

I came across this video recently thanks to my friends at BLT who recruit consultants for firms in London and beyond. It pokes fun at the experience many internal and external consultants face with clients, whether we are working on … Continue reading → Leadership Management marketing Comedy consultants consulting experts Humor Sales videos

The Future of Work in a Project Based, Consultant Driven world

Rmukesh Gupta

This post assumes that the future towards which we are moving is a future where most work will be in the form of projects with the use of independent workers with specialised skills will continue to rise and my prediction is that soon, there will come a time when organisations will have a lot more external consultants working for them than their full time employees. Or not? Managing.

Crowdsourcing To Innovate Products

The company partnered with Open Knowledge, an international consulting firm specializing. 
CROWDSOURCING TO INNOVATE PRODUCTS. IDEASCALE WHITE PAPER. Related Reading. 3   4   5   7   8   9   10   11   Crowdsourcing to Innovate Products. Crowdsourcing has become increasingly popular in a variety of applications. Individuals and. this resource. confidentiality, ownership, and quality of ideas.

Innovators – are you thinking about Ecosystems?

Paul Hobcraft

Chromosomes articualting the business model Building the future business building the innovation business case Consulting engagement concerns Disruption of the Business Model disruptive forces for innovation Engagement and innovation innovation ecosystems innovation platform management New innovation consulting business modelsBusiness Ecosystem Trends by Deloitte. No easy task.

Shifting Radically the Innovation Business Model

Paul Hobcraft

have been spending some significant time on questioning the current innovation business model, from both the customers (clients) perspective and the innovation consultants’ one. In my research I certainly felt also the innovation consultant is struggling. The innovation consultants’ dilemma. Can innovation consulting firms step up to the plate and deliver differently?

In the blink of an eye, it gets something bigger

Paul Hobcraft

On first look at this acquisition you see a 180,000 consulting firm, operating in 40 countries with nearly EUR12 billion in revenue adding a 60 to 70 people innovation and design consultancy operating in the US and less so in the UK and you wonder what simply happens with such a move. Capgemini seems to have a vision of redefining the way consulting industry thinks and works.

If You Plan on Asking an Outside Innovation Consultant for Help

Idea Champions

If someone from your company's leadership team asks you to locate an outside consultant to help your organization raise the bar for innovation, stop for a moment and ask the person asking you to locate an outside consultant to answer the following questions. QUESTIONS TO ASK YOUR SENIOR LEADERS BEFORE LOOKING FOR AN OUTSIDE INNOVATION CONSULTANT. 1. Really. mean it.

Moving towards a new innovation service model

Paul Hobcraft

have already started to lay out a case for significant change in my first post “ Shifting Radically the Innovation Business Model ” suggesting the innovation consultant has to redesign their role, position and service offering, to stay relevant within any management of innovation. Well I would suggest we do need to refocus. We need to find a new way of doing things. Source from [link].

Innovation in the Finance Industry

If you charge a consulting fee for specific information, keep. 
CROWDSOURCING IN FINANCE. IDEASCALE WHITE PAPER. Crowdsourcing  in  Finance   Changes  in  the  Last  Decade   Today’s  Crowdsourcing  Landscape   Crowdsourcing  Applica:ons  in  Finance   Banchile  Inversiones  Success. Entering  the  Conversa:on. ten years. their own research, make decisions, and execute their own trades.

Temporary Innovation Veep

Gregg Fraley

Having an outside agency or consultancy execute an innovation project. The project itself may work, you might get results, but, it will only change the culture of the organization as long as the consultants are around. The hipster agency or consultant probably will not focus on helping you build your culture, instead, they tend to focus on the results they’ll be measured by.

Our inabilities to adapt needs changing.

Paul Hobcraft

Chromosomes articualting the business model Building the future business building the innovation business case Consulting engagement concerns Disruption of the Business Model disruptive forces for innovation Engagement and innovation innovation ecosystems innovation platform management New innovation consulting business models transformation and innovationWell , not really. Summary.

Jobs in innovation: our field guide

Board of Innovation

As an innovation consultancy we’ve been globally involved in lots of innovation projects. This For most companies, developing a winning innovation strategy isn’t usual business. It takes a lot of time, skills and resources. Though essential for long term business growth, innovation is often killed due to the focus on core business processes. Read More.

How our guy Vincent applied ‘Lean Startup’ by launching his own startup

Board of Innovation

One of our consultants Vincent is the absolute proof of that, he recently translated his entrepreneurial mindset in his own startup, Sir. Board Of Innovation Innovate like a startup business idea customer feedback founder incubator Innovation Consultant lean startup MVP Reid Hoffman startup validationAt Board of Innovation, our team values are very important. One of them all of us share, is an entrepreneurial spirit. Vincent has been working at Board of Innovation for almost a year now and he already did. Read More.

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How to Use Crowdsourcing for Product Development

The company partnered with Open Knowledge, an international consulting firm specializing. 
CROWDSOURCING TO INNOVATE PRODUCTS. IDEASCALE WHITE PAPER. Related Reading. 3   4   5   7   8   9   10   11   Crowdsourcing to Innovate Products. Crowdsourcing has become increasingly popular in a variety of applications. Individuals and. this resource. confidentiality, ownership, and quality of ideas.

How to Frame a Problem Using a Challenge Map

Innovation Excellence

Continue reading → Innovation Processes & Tools Strategy challenge map challenge mapping Consulting denovo framing idea generation ideation Map Template Mapping problem Problem Framing Question toolsDaniel Nolan shows how Challenge Mapping is a simple yet powerful tool to properly frame a question.

The innovating power of ecosystems and platforms

Paul Hobcraft

Chromosomes articualting the business model Building the future business building the innovation business case Consulting engagement concerns Disruption of the Business Model disruptive forces for innovation Engagement and innovation innovation ecosystems innovation platform management New innovation consulting business modelsMoving towards an even greater openness.

Technology leads, innovation exploitation is lagging

Paul Hobcraft

Chromosomes articualting the business model Building the future business building the innovation business case Consulting engagement concerns Disruption of the Business Model disruptive forces for innovation Engagement and innovation innovation ecosystems innovation platform management New innovation consulting business models transformation and innovation

Finding knowledge and research to help you learn and adapt

Paul Hobcraft

One really rich source of knowledge comes from the consulting firms. The emphasis has been on establishing a clear “thought leadership” approach to underpin the consulting expertise. Many of the bigger consulting companies highly value their “thought leadership”. So “thought leadership” is becoming a highly valued part of the consulting equation. But yet…. Do you agree?

The State of Crowdsourced Innovation in 2016: Multi-Industry Benchmark Study.

INDUSTRIES REPRESENTED 7SPIGIT 2016 STATE OF CROWDSOURCED INNOVATION Finance Healthcare Manufacturing Construction Energy Telecom Pharma Technology Retail Consulting Public Sector CPG Insurance In recent years however, more and more companies. Additionally, financial services and consulting firms execute more than twice. A Multi-Industry Benchmark Study 2016 STATE OF. CROWDSOURCED.

The State of Innovation Management in 2015 Just Released

Paul Hobcraft

The Surge of innovation reports in 2015. I am sure you have experienced that in 2015 we have seen a significant surge in innovation reports, many of these coming from large consulting firms or innovation publishers. As we come closer to the year-end it’s good to look back, make some dedicated time to take ‘stock’, in this case, on innovation’s progress. link]. link]. link].

Is this really breaking the traditional model on Innovation?

Paul Hobcraft

The concept of having any “applied innovation exchange” coming from Capgemini should be promising, as somewhere to go as they are a leading technology consulting practice. I came across the recent launch of Capgemini’s Applied Innovation Exchange today, it left me puzzled. It seems so tenuous, a toe in the water. would have expected a much bigger bang here.

Innovation: The Ultimate Team Sport

Innovation in Practice

Consultants Culture of Innovation Methods Practitioner creativity innovation diversity systematic innovation teamsA fast way to boost your creativity is to harness the brainpower of others. Creativity is a team sport, and you’ll generate better ideas if you surround yourself with people to help you. Diversity helps people see more possibilities. Finally is cultural diversity.

Practical Points on Critical Thinking

Innovation in Practice

Consultants Culture of Innovation Design Thinking Inside the Box Practitioner Training critical thinking inside the box systematic innovationWhat exactly is critical thinking? Do we know how to define it, or better yet, to foster it in those we are teaching? In her article, “Teaching Critical Thinking: Some Practical Points,” Dr. Linda B. What is your evidence? Any others?

The Buyer's Guide to Innovation Management Software

of the most recent filing. c Is the vendor strategically partnered with major consulting firms and technology companies? to a rich ecosystem of strategic partners, including consulting firms (e.g. THE BUYER’S GUIDE. TO INNOVATION. management has evolved from a little- known IT practice to one of the most. powerful strategies an organization can. use to streamline internal processes.

Innovation needs all 3 levels of support, so what happens if you miss one?

Innovation Excellence

The words creativity and innovation are often used interchangeably. For my doctoral dissertation, I had to spend time defining them and reached the following definition of (and relationship between) the two words. Creativity is an individual function. It is the cognitive ability to transcend traditional ideas, rules, patterns, and create meaningful and original ideas.

In defence of consultants

Richard Hughes-Jones

Sam sent a Tweet out the other week expressing the view that consultants get paid the most money whilst delivering the least value. The post In defence of consultants appeared first on Richard Hughes-Jones. Advisory Skills Business Models Consulting Organisation and Culture Startup StrategySam Altman is the President of Y-Combinator, an American seed fund with investments in over 840 companies including Dropbox, Airbnb, Stripe, Reddit, Zenefits, Instacart and Weebly. Sam is of course entitled to his […].

In defence of consultants

Richard Hughes-Jones

Sam sent a Tweet out the other week expressing the view that consultants get paid the most money whilst delivering the least value. The post In defence of consultants appeared first on Richard Hughes-Jones. Business Models Business Strategy Consulting Early-stage Businesses Organisational Culture Professional Advisory SkillsSam Altman is the President of Y-Combinator, an American seed fund with investments in over 840 companies including Dropbox, Airbnb, Stripe, Reddit, Zenefits, Instacart and Weebly. Sam is of course entitled to his […].

Advice for Startup Advisors

Richard Hughes-Jones

Advisory Skills Coaching Consulting Entrepreneurship Governance & Boards StartupsCB Insights ran an amusing Tweetstorm yesterday, poking fun at their favorite startup advice cliches. The discipline of advice-giving is a contentious one in the startup ecosystem. Providing Providing effective advice is quite a skill and there’s always scope for improvement.

How Corporates can use the Lean Startup and Business Model Canvas

Hype

The Lean Startup is a hot topic for organizations right now, so we asked a practitioner - Justin Souter, of Souter Consulting - to help readers get a handle on the elements of the Lean Startup framework, and provide some lessons from the field. The post is in four sections: 1. Where to begin with Startups and Corporate innovators. 2. How to make effective decisions while 'in flight'. 3.

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An Innovative Mindset: The Foundation for Your Innovative Thinking

Innovation in Practice

Consultants Design Thinking Innovation Inside the Box Practitioner ResearchBy John Sweeney & Elena Imaretska.  . In fact the old myth of right-brain versus left-brain predominance is incorrect. The reason why innovative thinking could feel foreign or perhaps uncomfortable to some is because they are not used to using the neural networks that fuel it. Change is fuel—not an obstacle.

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Delving into a complex world: helping to keep pace

Paul Hobcraft

There is one rich source of knowledge that comes from many of the larger consulting firms. The emphasis from many of these leading consultancies has been on establishing a clear “thought leadership” approach to underpin their expertise and attract as a ‘go to’ resource. extract a lot of insights, value and confirmation from staying connected into these consultancies.

Why Limit Yourself?

Innovation Excellence

When consulting with clients in this Memphis area, we often have to deliver the bad news first. Innovation Strategy Consulting growth strategy michael graber Southern Growth StudioThis bitter pill usually comes in the form of a Sunset Analysis that details when the client’s once market-leading products will be costing more to keep in production than generating revenue.

What I Tell My Team

Innovation Excellence

As a thriving consultancy, our primary vocation is providing insight that adds value to our clients. Leadership consulting on innovation michael graber Southern Growth Studio Team building teamsAsk the hard questions. To meet this objective we have to play enlightened court jester, asking the unaskable questions those inside the company cannot ask.