Remove Engagement Remove Management Remove Policies Remove Technical Support
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Deepening the Thinking Around the Innovation Mandate – part two

Paul Hobcraft

Innovation Policy : An innovation policy provides guidance and direction for the innovation program, defining the types of innovation that will be pursued, how innovation projects will be prioritized, and how intellectual property will be managed. In any document, feedback and suggestions should be actively sought.

Policies 147
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Constructing the innovation mandate

Paul Hobcraft

That group should possess a deep understanding of the existing organization’s strategy, business models, operations and culture and a wider appreciation of the innovation landscape, the “fields of opportunity” and the emerging practices of innovation management. What should be in a “typical” innovation mandate?

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Digital transformation examples

Board of Innovation

Both how to interact and engage with customers as for how to operate and manage your resources. Difference with ‘just an e-store’ is the creation of a totally new brand without any technical support.) Traditional (industrial) corporates feel the pressure to rethink their business models.

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Leveraging New Ventures for Innovation

Integrative Innovation

On the other hand, by engaging with established firms, a startup acquires capabilities to develop and scale their business, e.g. supply chain and production capacity, sales and marketing channels and last but not least an existing customer base. But what kind of engagment with new ventures should be pursued?