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Five Barriers to the Innovation Process and How to Overcome Them

IdeaScale

If a company developed a way of doing things in 2015, then it was likely the ideal one at the time. Technology improves; companies grow and tap into new resources; new people are hired and incorporated into the team; the standard of innovation and best practices for entire industries can shift dramatically. Lack of Resources. “I

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Developing a new framework for risk and innovation.

Paul Hobcraft

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.

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Developing a new framework for risk and innovation.

Paul Hobcraft

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.

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Business Model Innovation Basics Series - Part 2: Why Business Model Innovation Matters

The BMI Lab Blog

Learnings from sports competitions Competition in business is similar to sports competitions – there are winners and losers. It also explains why prominent firms, which have been known for their innovative products for years, suddenly lose their competitive advantage?

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Sorting through our Innovation Management Tools

Paul Hobcraft

There are management tools that have become ‘enshrined’ in organizations and many of the executives become settled on the ones they have bothered to learn or seemingly do the job. The latest one for 2015 is here. Shared language : tools align teams around a visual concept, making complex ideas clearer with an image.

Tools 100
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Options-based Strategy: An Approach for Uncertain Times

The Inovo Group

How do you create a company that can adapt, respond, and reinvent itself to become stronger in both good times and bad? What is needed is a new strategic framework that serves both the current, increasingly competitive, situation as well as providing a strategic path through an uncertain future. Michael Raynor.

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11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

As opposed to entrepreneurship, entrepreneurial thinking is not necessarily bound to entrepreneurs (to be); it is an essential skill for ‘strengthening human capital, employability and competitiveness’ (Bacigalupo et al., Is it easy to create autonomous team and projects? When to be creative, when to be managerial.