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Digital transformation – the need to transform our innovation approaches

Paul Hobcraft

Our transformation journey needs to embrace the cloud, mobile, data and networks and relies on higher levels of analytics to interpret and translate information, into insights, into ideas, into innovation that delivers on the ‘needs’ the customer wants solutions too. These call for a different approach to the innovation process.

article thumbnail

Digital transformation – the need to transform our innovation approaches

Paul Hobcraft

Our transformation journey needs to embrace the cloud, mobile, data and networks and relies on higher levels of analytics to interpret and translate information, into insights, into ideas, into innovation that delivers on the ‘needs’ the customer wants solutions too. These call for a different approach to the innovation process.

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What is innovation management and why your organization needs it

hackerearth

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.” Reduces processing time.

article thumbnail

What is innovation management and why your organization needs it

hackerearth

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.” Reduces processing time.