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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the perfusion of new technologies, lead to decreasing life times of existing business models.

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The Case for Dual Innovation

Tim Kastelle

This trend is even more pronounced among strong innovators, with those pursuing a centralized approach rising from 68 percent in 2013 to 71 percent in 2014. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Engine 2 efforts are disruptive and potentially game changing. Conclusion.

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How Chief Innovation Officer (CINO) may replace the traditional Chief Information Officer (CIO)

hackerearth

According to Andy Rowsell-Jones, VP at Gartner, “The CIO’s role must grow and develop as digital business spreads, and disruptive technologies, including intelligent machines and advanced analytics, reach the masses. Innovation is the way to stay competitive. Technological advances necessitate CINO roles.

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Could a high street Bank challenge Apple?

Matthew Griffin

Implemented incorrectly and without the right controls though APIs can also be the equivalent of leaving your front door open – something that’s not been lost on the CIA whose Venture Capital arm In-Q-Tel, seeing the value in ‘joining the dot’s in the Internet of Everything era, in 2013 invested in the popular API firm Apigee. Conclusion.

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Finding the Advantage in Regulation

Daniel Burrus

By learning how to accurately anticipate much of the future before it happens, you can accelerate innovation and competitive advantage. And as I have stressed for many years, trying to react, no matter how agile you are, will not let you jump ahead with the confidence Hard Trends provide. Here’s an example of a regulatory Hard Trend.

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The Case for Dual Innovation

Integrative Innovation

This trend is even more pronounced among strong innovators, with those pursuing a centralized approach rising from 68 percent in 2013 to 71 percent in 2014. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Engine 2 efforts are disruptive and potentially game changing. Conclusion.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Hence, I gave it some thought, starting by revisting an earlier reflection: Beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. This requires companies to proactively or reactively innovate their business models in order to remain competitive.