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Open Strategy: Mastering Disruption From Outside The C-Suite

Innov8rs

Innov8rs | Making strategy behind closed doors is a prescription for failure when disruptions are coming from all directions. The NASA Pirates – a group officially disbanded in 2002 whose effects still reverberate – were a group of engineers who challenged the traditional practices at NASA.

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COVID-19: Business R&D Spending Will Fall by at Least 5-6%

Commodore Innovation

As individuals we are grappling with the fear, disruption and uncertainty brought about by COVID-19. Innovation teams are not, of course, immune to this disruption. Gather benchmarking data. If you’re not measuring what you need to, now is the time to quickly assemble that data. For almost all it is likely unprecedented.

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Digital Twins: what it is, how it works, and the advantages of this technology

mjvinnovation

Originally, this term was coined by Dr. Michael Grieves in 2002. The situation changed in the 2010s, with the development of IoT, Artificial Intelligence, Big Data, and Cloud Computing. First, smart components that use sensors to collect real-time data on status, working conditions, and position are integrated into a physical item.

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Innovation Insights from Jeff Bezos and Amazon

Destination Innovation

Although its sales of new books were growing very healthily, in 2002 Amazon introduced a service whereby people could sell second-hand books through the company’s website. After the dot.com crash in 2000 Amazon found itself with excess IT capacity in its data centres. Disrupt your own business before someone else does.

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Spotting Innovation Opportunities

ITONICS

Disruptive technologies or innovations boost new business models that change the game of existing industries like the space industry (SpaceX), the music industry (Spotify), the film industry (Netflix) or the banking sector (FinTechs), just to name a few. Is there a pattern for disruption & breakthroughs?

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Digital transformation examples

Board of Innovation

Sector: Aviation & Aerospace Company: GE Learn more: Source Digital Manufacturing Youtube case (the next industrial revolution) Ingersoll-Rand PLC, the maker of Trane commercial heating and air-conditioning gear, supplies remote monitoring of HVAC systems and data analysis through its Trane Intelligent Services.

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Innovation Networks – Needed Now More Than Ever

The Inovo Group

Today’s VUCA world (Volatile, Uncertain, Complex and Ambiguous) requires that companies form robust knowledge networks to have any real hope of delivering the innovations, especially transformational innovations, that are needed for the growth which they aspire to or to prevent disruption from new entrants. Norton & Company; May 2002.