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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. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts.

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Moving towards a new innovation service model

Paul Hobcraft

This is part two of an extended series on my thoughts on “ moving towards a new way of managing innovation ” that explores the potential for changing the management of innovation. Opens a PDF file… A selection of the causes that presently is still holding innovation back. Source from [link].

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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. Deloitte: Radical Innovation and Growth – Global Board Survey 2016.

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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. Deloitte: Radical Innovation and Growth – Global Board Survey 2016.

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Creative Construction – Book review

The Inovo Group

The key concept presented is to identify four fundamental categories of innovation: Routine Innovation – Leverages a company’s existing technological competencies and fits with its existing business model. Disruptive Innovation – Requires a new business model but not a technological breakthrough. Flat but with Strong Leadership.

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Evolution of Hyperloop: Propelling innovation the Elon Musk way

hackerearth

The aim was to understand how Musk makes these radical innovations possible and how exactly he propels innovation. In 2013, Elon Musk pulled a famous all-nighter to publish a whitepaper on a revolutionary transportation system called Hyperloop. Less than 10% of all innovation falls under this category.

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Innovation and Organizational Culture

Tim Kastelle

After studying innovation among 759 companies based in 17 major markets, Gerard J. Chandy found that corporate culture was a much more important driver of radical innovation than labor, capital, government or national culture. Breakthrough innovators (i.e. Top management is commited to radical innovation efforts.

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