article thumbnail

Treat Your Innovation Pipeline just like your Sales Pipeline

Destination Innovation

Estimates for each of these questions enable a total sales forecast to be assembled and reviewed. The pipeline is regularly reviewed at executive level. Can we crack the technology? This is reasonably straightforward for incremental innovations but particularly hard for radical innovations.

article thumbnail

Connecting innovating value comes from Ecosystem thinking

Paul Hobcraft

We are witnessing a very radical change, driven by technology, increasingly disrupting and breaking down past traditional boundaries, partly built to defend positions so as to achieve economic scale. These are: The constant exponential of technology and its power to change is forcing up to change.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

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”. Christensen C.

article thumbnail

Creative Construction – Book review

The Inovo Group

Every now and then a book on innovation is published that deserves to be put on the innovator’s bookshelf along with other seminal writings about innovation. Disruptive Innovation – Requires a new business model but not a technological breakthrough. Now the real work begins. [1]

article thumbnail

Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

To do this, technology adoption and diffusion across the ecosystem needs to improve dramatically. The WEF wants to create a neutral, learning platform, which provides the best technical and organizational insights with respect to 4IR technologies in manufacturing to accelerate the delivery of the benefits, to give a sort of safe harbor.

Industry 213
article thumbnail

Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

Understanding Discontinuous Innovation The term itself gained prominence through the work of scholars such as Clayton Christensen, who introduced the concept in his book “The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail” published in 1997.

article thumbnail

Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

Our digital capabilities have been at the forefront due to the increase in the level of acceptance of digital and virtual interaction with our customers and their relative experience across business lines and geographies. The importance of radical innovation.