Remove 2016 Remove Agile Remove Competition Remove Strategy
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Forget Best Practice, Think Always Of Learning Next Practice

Paul Hobcraft

Here does lie a true competitive component and so many organizations seek to apply someone else’s practice so they can end up as “same” practice. The first contribution is from a short article I came across in my research written for information-age by Carl Bate, managing partner, digital strategy, and transformation, Atos. IT systems.

Learning 162
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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

In the course of this first month of 2016, I was asked a couple of times what my prospects are for the year ahead when it comes to key innovtion issues. Another example is the recently introduced strategy framework by Martin Reeves, Knut Haanæs, and Janmejaya Sinha from BCG. Cases in point: Lego and Burberry.

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Building the Core Competencies for Innovation

Paul Hobcraft

The approaches taken must continue to map back to 1) the business strategy, 2) vision and missions, 3) the innovation needs and 4) the pathway development that is taken to achieve this alignment. These need to be recognized as constantly fluid, adaptive and agile. So these are just my closing innovation thoughts of 2016.

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Relating to the New Innovation Era

Paul Hobcraft

Innovation is advancing but most of it has been designed for a different time, the old era of stable markets, predictable solutions and having a clear sense of your competition. We still lack the alignment to strategy as this remains unclear, poorly communicated and lacking in this critical connecting up of strategy and innovation.

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The Case for Dual Innovation

Tim Kastelle

As recently outlined, I consider organizational ambidexterity to be a key innovation issue for organizations in 2016 and beyond. When executed correctly, these innovations deliver a step-change improvement in organizational performance and competitive advantage. Deloitte: Radical Innovation and Growth – Global Board Survey 2016.

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Digital transformation in the insurance industry: innovation revolutionizes business model

mjvinnovation

In order to meet new demands and be updated in a competitive market, companies are increasingly investing in digital solutions, with mobile devices, Internet of Things, Telemetry, among others. Digital transformation redesigns insurance strategies. In 2016, the forecast was 5.5 According to Gartner, by 2020, 20.8 For insured.

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IL Master Class: Innovation by the Numbers

Innovation 360 Group

In Innovation Leaders recent Master Class, “Innovation by the Numbers,” we explored how innovation metrics and analytics could be used to move company strategies forward. However, there is one competitive advantage that can guide leading organizations through a market characterized by volatility, uncertainty, change and ambiguity.