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Building Capacity for Breakthrough Innovation

Innov8rs

This distinction is crucial because the management systems, support structures, and resources required to nurture breakthrough innovations differ significantly from those needed for more incremental changes. Organizations must develop a capability for breakthrough innovation that goes beyond traditional R&D functions.

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So Where Is Innovation Heading?

Paul Hobcraft

BCG rightly is pointing out from their research that digital innovation is just taking over everywhere. 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.

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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.

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Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

This can be both good and bad – good, because the acquirers get access to new ideas which can add revenue, and bad because it tends to discourage the development of internal innovation capability, in particular radical innovation which, in our view, is a critical aspect of long term success. The importance of radical innovation.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Adapted from: https://nbry.wordpress.com/2014/06/27/massive-platforms-for-cocreation-the-new-normal-22/. Winner-takes-all dynamics play out. These will be major rules, most upcoming 21 C businesses will play by. We are headed towards a co-creative platform economy. Culture of experimentation (and speed).

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The digital innovation era calls for new board leadership

Innovation 360 Group

According to their data and analysis (figure 1)companies that pursue the Need Seeker strategy show a much better alignment between business and innovation strategies and they also financially outperform their competitors that pursuit other strategies. Figure 2, Applying the Three Horizon Model.

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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.