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Building Capacity for Breakthrough Innovation

Innov8rs

Innov8rs | Breakthrough innovations are characterized by their ability to disrupt or redefine the competitive landscape, often rendering existing solutions obsolete. This requires a deliberate effort to cultivate discovery and incubation competencies that can identify and nurture potentially disruptive ideas.

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Companies betting big on open innovation

hackerearth

For example, Deloitte has formed the Innovation Partnership Program , “a unique innovation initiative and community that helps business leaders harness the power of disruptive technology and the wisdom of crowds” with XPRIZE and Singularity University. Check out how the idea generation and project roadmaps here.).

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You Are Being Digitally Disrupted – Do Something About It

The Inovo Group

Many companies are not prepared for the disruptions that the coming digital transformation will cause and some haven’t even started thinking about it seriously. Make the working group diverse and give it the authority to create a strategy and roadmap for how to approach your digital transformation. Weinelt, B.; Elkhuizen, G.;

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Mapping the customer journey is the top driver for digital transformation

Paul Hobcraft

Back in 2014 at the time of the last survey by Altimeter, only 25% of companies undergoing some form of digital transformation had mapped the customer journey, as now 88% cited CX as the driver of change and why technology was the necessary solution. With the runway for disruptive technologies still ahead (e.g.,

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Hackathons—HR’s best friend

hackerearth

The event held in San Francisco in 2014 drew over 100 professionals collaborated to come up with solutions to improve employee engagement. Wipro held an internal hackathon for its employees in June 2014. Disrupt HR! What you need to know is that none of these tools were a part of the plan or roadmap.

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7 Habits of Highly Innovative Companies

ITONICS

Of course, failure can be damaging to daily business but only letting a room for risk can lead to disruptive innovation. According to Jeff Bezos, the CEO of Amazon , failing a lot is ok, because one or two “winners” can cover for hundreds and thousands of failures. There is still some negative feeling and judgment behind the word failure.

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