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Developing a new framework for risk and innovation.

Paul Hobcraft

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.

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Developing a new framework for risk and innovation.

Paul Hobcraft

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.

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Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

Going forward, our customers and other stakeholders will be more receptive to change in how we engage with them and what we offer. It drives innovation to a transactional level and leads organizations to seek the perceived lower risk of acquiring new ideas vs developing them in house. The importance of radical innovation.

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I keep arguing we all need to seek out innovation alignment

Paul Hobcraft

That is plainly wrong, not knowing the strategic objectives it is one of the principle causes of innovation failure and requires fixing. This poor strategic understanding creates a lack of alignment and directing innovation. Top leadership in organisations need to shape innovation and be more involved in its strategic design.

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Case Study: Regional SME Development Project Brings Innovation Lift to Manufacturing Hub

Innovation 360 Group

While they don’t have the same resources as large corporations, SMEs can potentially be quite innovative. The EU funded-development project was launched in 2016 with 8.2 It brought together a coalition of regional business development organizations from Nässjö, Vaggeryd, Sävsjö and Jönköping. million Swedish crowns.

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Seeking fresh winds and new directions

Paul Hobcraft

It is often really hard to let go, the environment was something you had become used to, you accepted and become resigned to its weaknesses and constantly exploited its possibilities or even possibly the other way round. Let me explain: Innovation however, doesn’t work in many of our normal processes and procedures.

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Balancing Large and Small Firm Capabilities

Integrative Innovation

development of existing business) and exploration (i.e. The corresponding integration of incremental and radical innovation can basically be achieved in different ways: Building ambidextrous and lean startup capabilities. Teaming up with small firms or startups. This angst is largely misplaced.