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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 transformation examples

Board of Innovation

In our own innovation consultancy projects, we regularly look at how other companies approached this problem. Sector: Manufacturing Company: Philips Learn more: Source Pay-per-use Leasing Energy savings The fast pace of projection disruptions resulted in cinemas to either work with outdated technology or spend more than they earn.

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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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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.