Disruption Radical Innovation Technical Review Trends 
The BMI Lab Blog
JUNE 29, 2022
Business Models in the context of Innovation A common way to differentiate innovations is the categorization according to two generic characteristics: 1. The object of innovation 2. A business model innovation is defined as the conscious change of at least two dimensions of the introduced “Magic Triangle”.
Paul Hobcraft
SEPTEMBER 2, 2018
To do this, technology adoption and diffusion across the ecosystem needs to improve dramatically. There also continues today that industry disruption is increasing, by those spotting both opportunity and weakness in present market players. Innovation is one powerful catalyst ripe for leveraging in this 4th Industrial Revolution.
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Paul Hobcraft
OCTOBER 1, 2018
When they are constantly scanning reports on the “state of innovation” it can often lull them, to give some that warm glow, others quickly being dismissive, disregarding many of the key messages as “not applicable to me”. Then disruption suddenly hits. Risk management is rated far more than innovation as a better process.
Tim Kastelle
APRIL 30, 2016
Breakthrough innovators are willing to make decisions and choices as much on the basis of intuition and insight as on data and forecasts – they bet on people rather than manage a process. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Source: Accenture.
Paul Hobcraft
DECEMBER 22, 2021
This not just comes from the research and development lab but far more to listening and observing customers, the market shifts and trends, to having customer conversations, gaining insights into potential gaps or opportunities in the marketplace or through those that have this market-facing role inside the organization.
mjvinnovation
NOVEMBER 12, 2020
For many companies, innovation means taking products and services and changing them in detail: color, shape, features, size, etc. However, this form of incremental innovation alone does not work anymore in many markets. Besides, due to digital transformation, companies also need to develop more digital business models.
hackerearth
OCTOBER 16, 2017
Once a well-defined innovation strategy that aligns with business goals is in place, the next step will entail managing it effectively. Like any business function, innovation can be managed. Innovation Management is about more than just planning new products, services, brand extensions, or technology inventions.
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