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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

In part 1 of this post , Ralph revisited key innovation issues that were already addressed by us three years ago. It doesn’t always translate to managers, however. Who wants to be an exploiter? That means high integration costs – and another reason to be wary of new innovation.

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AI Has Taken the Boardroom by Storm. Here’s What You Must Know.

Planview

The C-suite has to identify, adopt, and express a strategic approach to the AI paradigm we all have entered, and provide a blueprint for how their organizations will compete and thrive in it. It will require investment and substantial changes in the way we structure and operate our businesses. These improvements are powerful.

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Typology for Innovative Organizations

Open Innovation EU

In fact, building blocks as ‘middle management’ might only still exist on paper today. But times are changing and organizations are emerging, scaling and managed completely differently. Each type of organization exists in three different levels of innovation. Why this typology: innovation management in organizations.

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Companies betting big on open innovation

hackerearth

Open innovation (OI) uses a mix of approaches, thereby affording higher responsiveness and flexibility while trying to grow beyond its core business. The free flow, in and out, of ideas and IP promotes innovative ecosystems. Why does open innovation work? We can't do all that innovation ourselves – it's not possible.

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Evolution of Hyperloop: Propelling innovation the Elon Musk way

hackerearth

While it will take another 6-9 months for the project to begin, we took a look at something similar and audacious he had proposed a few years earlier—the Hyperloop. The aim was to understand how Musk makes these radical innovations possible and how exactly he propels innovation. Musk, being who he is, proposed a solution.

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Innovation by numbers: Lessons to learn from the CIA and Netflix

Innovation 360 Group

Back in 2011, we were wondering how to develop the first hypothesis in the large and very complex assignments we were undertaking. We decided to look at other trades and industries to see how they approached complex tasks. We decided to learn more about grounded theory. Source: [link].

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How Israel’s Oldest Bank Is Engaging Employees to Become a Leader in Banking Innovation

Qmarkets

In order to achieve this goal, the Bank undertook an initiative to change their corporate culture, so every employee would see innovation as part of their daily work; an aim they should constantly aspire to. All of these factors affect not only how we perceive the role of banks today, but also how we consume financial services as a whole.