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Digital technology is changing the innovation ‘game’

Paul Hobcraft

Competition is changing, markets are blurring and customers are becoming far more vocal. The whole process is highly dynamic and reliant on the ‘network and social media effect’, and the job of the innovator is to translate this and respond in fast, nimble, agile ways, to fulfill the needs and capitalize in responsive ways.

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Lessons from Silicon Valley on Innovation and Engagement

IdeaScale

The era of the “data economy” is well and truly upon us, meaning that companies must be more agile than ever before. Cutting costs and driving innovation is one of the only feasible strategies in order to respond to the market while remaining competitive. Refresh buyer personas. Take the time to understand the market.

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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. It is often an environment that we must encourage to become a ‘feeding frenzy’ of experimentation, learning and being adaptive, fluid and agile.

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Building the Core Competencies for Innovation

Paul Hobcraft

I look at four aspects here a) is it competitive b) Is it well-structured and designed c) Is it highly entrepreneurial in its design and execution and finally, d) Is it built on a collaborative basis. These need to be recognized as constantly fluid, adaptive and agile. I wish you a highly successful innovating 2017 ahead of us all.

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How to Package and Price Embedded Analytics

Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.

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Covering Innovation My Way

Paul Hobcraft

Agility Innovation Specialists. Bringing agility, flexibility, adaptability and learning into the innovation equation. This is my recently launched site, in March 2017, dedicated to providing and advocating innovation advice to individuals, and innovation teams. Its areas of focus: [link]. Guide4innovating.

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Munich Re offers a real clarity to their innovating future

Paul Hobcraft

The most impressive presentation I reviewed in 2017 was the one from Munich Re, held on 21st November 2017 under their investor day event. I can simply touch on it here, I suggest you do your own drawing of conclusions.