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So Where Is Innovation Heading?

Paul Hobcraft

They point out that since 2014, only four types of innovation and that are all related to digital, have grown increasingly in importance in their pursuit by companies. The importance of big data, the speed of technology adoption, mobile products, digital design, and technology platforms are at the heart of innovation.

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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

Co-Innovation and startup engagement. Another way is to “outsource” exploration through external engagement with startups. As of the first quarter of 2014, 30 percent of Fortune 500 companies did not have a mobile app, and less than half had a mobile website. Even fewer are actually investing in them. (…).

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Companies betting big on open innovation

hackerearth

Let’s look at some companies who have been driving immediate successes, engaging employees effectively, responding fast to cost pressures, shortening the time-to-market, and showing a significant rate of innovation. When companies leverage the power of brilliant minds everywhere, success can’t be far behind.

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The Innovation-Driven Disruption of the Automotive Value Chain (Part 2)

Corporate Innovation

Figure 1 shows the top 20 R&D spenders in 2014, based on data compiled by PwC, where we see (in red) that six of the top 20 companies are incumbent automotive OEMs. Figure 1: Top 20 corporate R&D spenders in 2014. Figure 2: PwC survey results of the top 20 most innovative companies in 2014. Volkswagen. Salesforce.

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The Innovation-Driven Disruption of the Automotive Value Chain (Part 2)

Corporate Innovation

Figure 1 shows the top 20 R&D spenders in 2014, based on data compiled by PwC, where we see (in red) that six of the top 20 companies are incumbent automotive OEMs. Figure 1: Top 20 corporate R&D spenders in 2014. Figure 2: PwC survey results of the top 20 most innovative companies in 2014. Volkswagen. Salesforce.

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Strategic planning – much criticism but surprisingly high satisfaction

Eddielogic

Bain & Company published their 2015 Management Tools and Trends survey this summer (conducted in 2014). Employee engagement surveys (44%). The tool with the highest rank for satisfaction is Big data analytics (grade 4.01) and the tool with the lowest rank is Outsourcing (grade 3.61). Strategic planning (44%).

Survey 40
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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Recent research has confirmed successfully disrupting as well as outperforming companies to be significantly more engaged in business model innovation. These communities stimulate social engagement around the product through participation in forums, sharing, collaboration or even user-driven innovation by co-creating new products.