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So Where Is Innovation Heading?

Paul Hobcraft

I have written a fair amount about the new innovation era, offering a view on its future design. One that is jumping to a fresh cycle of innovative design. To achieve this innovation has gone digital, pure and simple. It will fundamentally change the type of resources innovation requires.

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What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

Then we have that often-delusional aspect; where the organization has this total belief they are well ahead of their competitors and simply point to their financial performance as the justification that their innovation is superior when it is so many other factors that have determined that. Two reports recently came out.

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Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

In a recent report, jointly from the World Economic Forum and McKinsey called the “ The Fourth Industrial Revolution and the factories of the future ” t hey made a number of observations. According to a recent Deloitte report: Most manufacturing lines still look a lot the same way they did 10, 20 or even 30 years ago.

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The core principles of Leading FOR Innovation

Cris Beswick

For leaders, I offer this first piece of advice: Leading FOR Innovation starts with self and an awareness that in most organisations, the challenges and barriers that stand in the way of driving innovation-led growth are put there by ourselves. They are not always intentional or by design.

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Moving towards a new innovation service model

Paul Hobcraft

This is part two of an extended series on my thoughts on “ moving towards a new way of managing innovation ” that explores the potential for changing the management of innovation. Producers of innovation need to transition radically into a different innovation delivery & design structure.

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The Case for Dual Innovation

Tim Kastelle

Two-thirds of all breakthrough innovators stated that all innovation and product development is controlled and driven by a centralized organization, at least in its initial stages. More than 70 percent have a different organizational entity for managing radical innovation. (…). Source: Accenture. Source: Deloitte.

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Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

As Accenture in one of the few reports discussing risk and innovation “ The art of managing innovation risk ” state: “Few decision makers want to take responsibility for a failed experiment, so extreme caution usually prevails when new ideas are assessed. So we tend to go to default. Risk mitigation kicks in.