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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

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. Recent research has confirmed successfully disrupting as well as outperforming companies to be significantly more engaged in business model innovation.

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The Case for Dual Innovation

Tim Kastelle

Let’s sum up some relevant findings of these studies, making the case for dual innovation management: BCG: Most Innovative Companies 2014 . 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. Source: Accenture. Conclusion.

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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 design needs to be customer-centric, agile, experimental, lean, standard as much as it can be, with simplicity and adaptive as being central to this.

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Using the VC Mindset for Successful Innovation

Peer Insight

Lean-In to the Discomfort of Innovation. 88% of the Fortune 500 has changed between 1955 and 2014. And incubation, internal genesis of new businesses, is a means for defending against that disruption. There’s no debating the importance of innovation. Many say the pace of that turnover is likely to accelerate.

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The Case for Dual Innovation

Integrative Innovation

Let’s sum up some relevant findings of these studies, making the case for dual innovation management: BCG: Most Innovative Companies 2014 . 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. Source: Accenture. Conclusion.

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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

But incumbents would be willing to make changes if a new technology proves to be truly disruptive and the long-term benefits are worth it. Most companies will continue to favor a “safer” approach in the time ahead, even while facing disruption. Innovation is not accomplished solely by one company any more.

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Are Legacy Approaches to Talent Inhibiting Your Innovation Efforts?

Swarmvision

Does it mean candidates need to know Lean Start-Up and Design Thinking? Back in 2014, we were running large-scale innovation crowdsourcing campaigns for huge companies. We wanted to figure out how to identify these prolific and disruptive thinkers. Defining Innovation Skills What do we mean by innovation skills? But take heart.