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The need for Transformational Innovation

Paul Hobcraft

We have many innovation outcomes to choose from, including incremental, distinctive, radical or disruptive. In the past few decades, we have seen so much disruptive change, in markets suddenly disappearing, products or services suddenly being rendered obsolete and replaced by these radical, highly disruptive models.

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25 years of Innovation- how has it evolved? Has it been successful?

Paul Hobcraft

Harnessing the Power of Data and Analytics: The rise of big data and analytics has transformed innovation by providing unprecedented insights into customer behaviour, market trends, and competitive landscapes. Organizations are adopting ethical guidelines and frameworks to ensure that their innovation efforts are aligned with societal values.

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Identifying Opportunities for Disruptive Innovation

Strategos

We are drawn to stories of entrepreneurs who came up with brilliant ideas that disrupted the existing “rules of the game” by which industry players compete with one another. Disruption. A recent report by the Economist showed that 60% of company executives view disruption as a threat rather than an opportunity.

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Building the Innovation Business Case

Paul Hobcraft

The next group of factors to consider is making the clear assessments of competition, outlining the tactical moves to be considered market attractiveness, the ability to execute and what business model does the business case take to provide the fit and attract the commitment.

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Building Bridges for Innovation: ISO 56003 and the Power of Structured Partnerships

PlanBox Innovation

It’s essential to be more proactive in identifying focus areas that guide the technology scouting process and in shaping corporate venturing guidelines that are in line with strategic imperatives. In essence, ISO 56003 sets the stage for a new era of collaborative innovation, fostering sustainable growth for all.

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Leveraging Venture Building for Long-Term Returns

Innov8rs

These structures, while effective for the incremental growth of billion-dollar core businesses, often kill potentially disruptive innovations at their inception, as Pilot 44’s Andrew Backs suggested during a recent Innov8rs Learning Labs session. How do we separate the disruptive venture from the delivery of core business P&L?

Agile 40
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Constructing the innovation mandate

Paul Hobcraft

We need to understand successful innovation actually touches all aspects of a business, by contributing to improving business processes, identifying new, often imaginative, ways to reduce costs, building out existing business models into new directions and value and discovering new ways and positioning into markets.