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11 female innovation leaders share their definition of innovation

Idea to Value

I spoke to 11 of the world’s leading female innovation experts to get their definition of “innovation” The variety in their responses may surprise you. In 2016, I wrote the article What is innovation? In 2016, I wrote the article What is innovation? Introduction. Rita McGrath. Gaia Grant.

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Digital transformation in the insurance industry: innovation revolutionizes business model

mjvinnovation

The new consumer places high expectations on the products offered by insurers, which demands a combination of speed, transparency, convenience and technology. These preferences are important for insurers to rethink the market and develop innovative product and service offerings. New technologies revolutionize the customer experience.

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How Chief Innovation Officer (CINO) may replace the traditional Chief Information Officer (CIO)

hackerearth

The 2018 Gartner CIO Agenda Survey demonstrates that technological innovation and digitalization are changing the way CIOs work. Of the CIOs surveyed in India, 51 percent reported that they were heading innovation, whereas 49 percent reported that they were leading digital transformation. billion on technology in 2016.

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Building the Core Competencies for Innovation

Paul Hobcraft

For my final post of the year, I went back to some of my thinking through around the building blocks needed in the core competencies for innovation we need to have in place. For me, the bedrock of innovation is built upon competencies, capabilities, and capacities and all these involve people as well as technology.

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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. Hence, I gave it some thought, starting by revisting an earlier reflection: Beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come.

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Mapping the customer journey is the top driver for digital transformation

Paul Hobcraft

By not knowing all these connecting points and drawing them together in a cohesive plan, there is a significant chance you are simply restricting the developing of innovation solutions that map back to all the decision-making that is going on in the customers’ minds. With the runway for disruptive technologies still ahead (e.g.,

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The Case for Dual Innovation

Tim Kastelle

The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years ago. As recently outlined, I consider organizational ambidexterity to be a key innovation issue for organizations in 2016 and beyond.