Remove Agile Remove Data Remove Disruption Remove Radical Innovation
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So Where Is Innovation Heading?

Paul Hobcraft

They point out that since 2014, only four types of innovation and that are all related to digital, have grown increasingly in importance in their pursuit by companies. So the need to innovate comes from digital as the source. It will fundamentally change the type of resources innovation requires.

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Innovation needs the power of completing the 4th Industrial Revolution

Paul Hobcraft

We are facing greater disruption and an increasing innovation pace. The prospect of new innovation potential will eventually work through into the world of Industry 4.0 Innovation is the unlocking mechanism. Innovation emerges out of the Industrial 4.0 initiative in radically different ways to explore and exploit.

Industry 289
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Balancing Function, Design, Process and Structure for Creative Tension

Paul Hobcraft

I would start by saying innovation should always be in “creative tension”, and as we operate and manage innovation, this tension should also apply within any design. The ability to manage innovation design, function, structure and process. Innovation needs to have a system that is constantly adaptive and flexible.

Design 130
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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Reinvention through business model innovation. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the perfusion of new technologies, lead to decreasing life times of existing business models. Platform business models tend to affect, oftentimes disrupt, multiple industries over time.

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Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

It is equally holding a new form of innovation back, one that is highly collaborative where partners come together to work on more complex problems. Collaborators can achieve solutions only by being “fully” connected up, comfortable with their data, understanding and contribution, both within their knowledge and insights.

Industry 213
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The Case for Dual Innovation

Tim Kastelle

Breakthrough innovators are willing to make decisions and choices as much on the basis of intuition and insight as on data and forecasts – they bet on people rather than manage a process. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Source: Accenture.

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Digital Innovation Units: Recommendations, Trends and Conclusions

Integrative Innovation

The follow-up financing of Innovation Lab topics must be regulated early so that innovations and new business models can have their full effect and repay the original investment. The Digital Innovation Units will be more focused on their original purposes and more cooperation with each other.

Trends 58