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One big open innovation square dance…

Innovation 360

Innovation is a way of getting competitive advantage which is well known and documented since ancient times, ranging from machinery, war equipment to the beauty industry and all trial building the perpetuum mobile. What´s happened lately is the paradigm shift of opening up the innovation process from being secret and closed towards inviting for collective wisdom and creativity. We call it open innovation or sometimes Innovation 2.0.

One big open innovation square dance…

Innovation 360

Innovation is a way of getting competitive advantage which is well known and documented since ancient times, ranging from machinery, war equipment to the beauty industry and all trial building the perpetuum mobile. What´s happened lately is the paradigm shift of opening up the innovation process from being secret and closed towards inviting for collective wisdom and creativity. We call it open innovation or sometimes Innovation 2.0.

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When Disruption Becomes Destructive: How Can Financial Services Companies Close the Innovation Gap?

Qmarkets

Small, fast-moving start-ups are revolutionizing the global landscape with creative market-responsive solutions that are becoming increasingly accepted and utilized. These banks recorded 58% growth between 2011 and 2016, a staggering number – that is until you review the performance of the industry’s newer entrants. The global peer-to-peer lending market, which efficiently matches providers of capital with users, was already valued at $26.16 The Key to Penetrative Disruption.

Innovation Car Boot Sales and Open Intellectual Property Exchanges

The Future Shapers

Pulling on the strands of decluttering, Open Source and Crowdsourcing this thought piece considers the challenge of creating an open market for an organisations Intellectual Property (IP). In late 2011 I was working as part of the innovation team at Logica. Yes, it is fair to say, that with the likes of ebay, Gumtree and Nextdoor the opportunity to move stuff on in the secondary market to your local community has been digitised and simplified.

The Ultimate Corporate Co-Creation Tool: Venture Building

CREATORS

At CREATORS, we’ve said for years that the most transformational innovation activities inside large organizations are those which combine both internal and open innovation efforts. Since 2011, venture builders have contributed to creating around 15% companies around the world.

Tools 52

Typology for Innovative Organizations

Open Innovation EU

New generations, societal change, sustainable goals and disruptive technology require organizations to be much more flexible, self-reinventing organisms that don’t fit above-mentioned design principles. They require openness, transparency, adaptability, co-creation, self-management and responsiveness. A Typology for Innovative Organizations. The model describes organizational typologies based on cultures of innovation. 2011). 2011).

Warm and Fuzzy at the Front End of Innovation

Paul Hobcraft

Perhaps I have fallen into the very trap I have campaigned about in the past, in recognizing and resolving the disappointing results we achieve from all the work we put into the front end of innovation. The “warm and fuzzy” front end of innovation can make us all a little grumpy. I recently wrote out a newsletter – termed a thought or two – to my innovation network. The subject was the changes occurring at the front end of innovation.

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Like any business function, innovation can be managed.

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Like any business function, innovation can be managed.

Case Studies: Learning from Failure, or Dying from it

Qmarkets

We frequently talk about how innovation is a crucial necessity for your enterprise company, and how the right innovation can be the difference between setting the market standards and being shunted aside as a new market leader makes the rules. We also frequently hear about the great innovation successes: Tesla, SpaceX, Uber, Amazon, and even the classic innovation failures, like Kodak and Nokia, who saw incoming disruptive innovation but didn't do anything to face it.

When innovation led to a reversal of fortunes

hackerearth

The term innovation has been much bandied about this decade. Although a hackneyed word especially in the world of education and business, “innovation” has much in its favor. Read WSJ ’s “Is a Peanut-Butter Pop-Tart an Innovation?” There are plenty of expert definitions of innovation out there. Companies are leaving no stone unturned in their attempts to drive innovation, be it radical, incremental, or breakthrough. Controlled innovation has clearly worked.

Top 10 must-read books on Innovation

hackerearth

Being innovative or creative looks like an inherent trait to most of us, doesn’t it? For those who steered away from the path of innovation and tried to fit into the neatly defined boxes of the world, it’s time to get a real sense of what your talents are and dig deep. To help innovation officers and wannabe innovators in their task, we’ve put together the best books to inspire you and help your company and workforce stay relevant. The Innovator's Dilemma by Clayton M.