Paul Hobcraft

MAY 18, 2016

Innovation is a learning process not to be confused with a safety procedure, both can be effectively managed and different in their treatment. Equally we have learnt innovation evolves due to this learning process and how ‘it’ interacts with customer needs. As a result, promising ideas are often smothered.

Innovation 133

Innovation Guidelines Learning Management 133

Paul Hobcraft

MAY 18, 2016

It can still come under the broad risk umbrella but judging innovation risk is utterly different from organizational strategic risk. Innovation is a learning process not to be confused with a safety procedure, both can be effectively managed and different. Moreover, the tools commonly used to support the process exacerbate the problem.

Innovation 133

Innovation Guidelines Learning Management 133

Strategos

MARCH 1, 2018

Metrics are important in sending a signal you are serious about innovation and in establishing the desired innovation behaviours. Metrics help managers make informed decisions based on objective data, which is especially valuable given the long-term nature and risk associated with some innovation projects.

Guidelines 45

Guidelines Innovation Innovation Programs System 45

Cris Beswick

APRIL 16, 2024

Leaders who champion innovation understand its role in driving competitive advantage, increasing market share, and, often, creating entirely new markets. Embracing the reality of continuous volatility Remaining relevant means staying vigilant to the constant changes initiated by customers, markets, regulators, employees, etc.

Innovation 59

Innovation Culture Creativity Disruption 59

Paul Hobcraft

MAY 18, 2016

Risk management, treated as a learning process, not only propels innovation forward but can also speed it up. Real discipline in innovation risk management means a more relaxed approach to the financials. The relevant financial measure during this stage is whether the new business can be made profitable in its foothold market.

Underperforming Technical Team 124

Underperforming Technical Team Innovation Strategy Strategy 124

Paul Hobcraft

MAY 18, 2016

Risk management, treated as a learning process, not only propels innovation forward but can also speed it up. Real discipline in innovation risk management means a more relaxed approach to the financials. The relevant financial measure during this stage is whether the new business can be made profitable in its foothold market.

Underperforming Technical Team 124

Underperforming Technical Team Innovation Strategy Strategy 124