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So Where Is Innovation Heading?

Paul Hobcraft

Innovation has gone from being islands of knowledge, developing new products and services exclusive to that one company, then quickly copied by the competitors, into something radically different. There are needs to explore the ways of working, collaborating and engaging and that alone is a massive undertaking.

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Four reasons why corporate startups fail (and how yours can be succesful)

whataventure

Soon after MOBIKO joined forces with an external company builder, it took off and became an Audi spin-off in February 2018. For corporates, radical innovations are, in most cases, a nice-to-have or the cherry on top of the cake. Rarely innovation projects are being prioritized over the daily business.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

The platform environment is mostly characterized by a tension between collaboration and competition of the participating companies, often referred to as coopetition. Even traditional producers of physical products can benefit from platforms by augmenting their products with communities.

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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. More radical innovations, disrupting positions or new business models would form part of this risk assessment. Then we need to strengthening the strategic planning process.

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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. More radical innovations, disrupting positions or new business models would form part of this risk assessment. Then we need to strengthening the strategic planning process.

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Evolution of Hyperloop: Propelling innovation the Elon Musk way

hackerearth

The aim was to understand how Musk makes these radical innovations possible and how exactly he propels innovation. The company has been formed completely by collaboration and crowdsourcing the collective knowledge of 600 engineers around the world through the JumpStart Inc. This is not the first time he has done it.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

IDC predicts that by 2018 more than 50 percent of large enterprises – and more than 80 percent of firms with advanced digital transformation strategies – will create and/or partner with platforms. Further, the ROI (return on investment) of collaborative innovation was found to have been increasing recently.