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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. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the pervasion of new technologies, lead to decreasing life times of existing business models.

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What is Innovation in Business and How Can it Build Business Longevity?

Qmarkets

The Amazon Prime scheme has since resulted in 200 million members 10 across the globe and in 2016 a revenue of $6.4billion – all from one employee idea. This graphic from The Lean Enterprise Institute illustrates Toyota’s use of the continuous improvement method to improve existing processes efficiently.

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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

On top of this, from an incumbents’ point of view, there are legitimate reasons for rejecting a new technology. But incumbents would be willing to make changes if a new technology proves to be truly disruptive and the long-term benefits are worth it. It will become a hotbed for innovation in 2016 and the coming years.

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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. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Deloitte: Radical Innovation and Growth – Global Board Survey 2016. Source: Accenture.

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7 Habits of Highly Innovative Companies

ITONICS

The term comes from the English and is based on the Lean Startup Model by Eric Ries. Often, it’s due to the speed at which they can innovate and this has a lot to do with their size. In 2016, Harvard Business Review conducted a survey of 3500 company employees from Canada, UK, U.S., Top Model Principle. The place to be.

Company 57
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The Importance of Persistence: Building an Innovation System for the Long-term

The Inovo Group

CEOs who focus their attention on future events and external activities lead their firms to early adoption and invention of new technologies and greater and faster development of innovations. In contrast, firms whose CEOs focus on internal operations are slower to detect, adopt and implement new technologies the study found.

System 53
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Are you having fun riding the innovation waves?

Paul Hobcraft

The other real forces of innovation change in this relatively short period, have come from a greater explosion of Lean Management principles and incorporating Design thinking into our work. This post was updated and amended on 12th July 2016. Other real changing forces influencing innovation. I believe it does.