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Building Capacity for Breakthrough Innovation

Innov8rs

This distinction is crucial because the management systems, support structures, and resources required to nurture breakthrough innovations differ significantly from those needed for more incremental changes. Organizations must develop a capability for breakthrough innovation that goes beyond traditional R&D functions.

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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

For companies, embracing incremental innovation means fostering a culture of continuous improvement where even the smallest changes are valued for their cumulative impact over time. Radical innovation is about making significant leaps forward, often creating new industries or reshaping existing ones.

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We are searching for new pathways

Paul Hobcraft

This calls for some radical rethinking of the existing business and deciding the design of the future business. We are at a critical point of change. It is identifying the critical capabilities and being adept and agile enough in learning from these, to embed them into the changing culture. need to change our mindsets.

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So Where Is Innovation Heading?

Paul Hobcraft

We are in the middle of it, some of you may not have noticed its impact and change but it is significant on the understanding of innovation, in it’s future design. Often this era of change is not as well-recognized or being faced up to, as you would expect. So the need to innovate comes from digital as the source.

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Knowing Your Innovation Pathway Curve – A methodology

Paul Hobcraft

Innovation building faces a multitude of obstacles to overcome so innovation has a chance to be embedded within an organization. Firstly you have to ask what you are trying to achieve, is it incremental innovation, distinctive, disruptive or even radical? Firstly what are you trying to achieve?

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Balancing Function, Design, Process and Structure for Creative Tension

Paul Hobcraft

So I hope I can help fill those gaps and explore the what, why and how of having a dynamic functioning design and structured process to meet today’s demanding and highly energetic world of constant change. The ability to manage innovation design, function, structure and process. Most of the rigidity needs to be designed out.

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Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

In this blog post we talk about receptivity to change in Financial Services and some thoughts on how to move forward. Going forward, our customers and other stakeholders will be more receptive to change in how we engage with them and what we offer. This can be problematic in a time that demands change. Readiness for Change?