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Recognizing the Building Blocks of Innovation

Paul Hobcraft

To look forward, I would argue we always need to look back and account for the progress made in managing innovation over the years. So this post reviews many great contributors to advancing innovation over the years. Briefly, I summarize what these have been bringing into innovative thinking.

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6 Don’ts For An Open Innovation Winning Formula

PlanBox Innovation

Open innovation (OI) can be a powerful approach for organizations to find groundbreaking ideas, develop new products and solve difficult problems. I have been involved in hundreds of open innovation projects — I have seen huge successes and, of course, many failures. Don’t Do it Once. Don’t Do it Yourself.

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The Final Perspective: A Composable Innovation Enterprise Framework

Paul Hobcraft

Today we are missing a comprehensive structure or innovation process to achieve this, we need a radically different approach to managing innovation. I am suggesting a vertical and horizontal design applying innovation stack and building block approaches, all “housed” on a technology platform.

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Building out the four main components of Innovation Ecosystems

Ecosystems4Innovating

The interplays and interfaces available from technology and AI applications available to us today can deliver completely different, more compelling innovations. I have been looking at the combination effect of humans, technology and AI in this new interplay on my paul4innovating.com site. Why these four components?

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An innovation framework that offers a formula for sustainable advantage

Paul Hobcraft

Then apply it to your innovation-building activity as a framework for innovation. Each time you are reviewing innovative activity, run through this formula in your head to see if each of the parts is embedded into the work. Seeking out a working Sustainable Competitive Advantage (SCA).

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4 Ways to Amplify Digital Innovation in 2018

Gregg Fraley

Why is this challenge so different from previous innovation challenges? Has there ever been a moment in time when so many new technologies are washing over us all at once? The elephant in the room is that the new technology requires a truly different approach. Have a cross-domain, diverse team. Have a cross-domain, diverse team.

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What is innovation, and how can it benefit your company?

mjvinnovation

For many companies, innovation means taking products and services and changing them in detail: color, shape, features, size, etc. However, this form of incremental innovation alone does not work anymore in many markets. Besides, due to digital transformation, companies also need to develop more digital business models.

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