Agility Levels the Playing Field. Anticipation Changes the Game.

Daniel Burrus

To jump ahead with both confidence and lower risk, you will need more than agility. Agility. Agility serves an important role helping companies react quickly to unforeseen change. The biggest advantage to an agile organization is that they can react faster than their slower competitors. Did the people who came up with the innovative, billion-dollar idea for Uber or Airbnb use agility? Agility without learning to Anticipate has trouble doing that.

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Developing an agile innovation strategy

Idea Drop

Agile project management involves dividing tasks into short phases of work, or ‘sprints’, with continuous reassessment and adaptation of plans. Stemming from the word agile, meaning to move quickly and easily, it is no surprise that such a methodology goes hand in hand with innovation. Yet this discernible link is too often overlooked and it is exactly this refusal to acknowledge the compatibility of innovation and agile processes that frequently leads to innovation failures.

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9 Patterns of Disruption: The new cooking recipe for business disruption

Idea to Value

A light bulb went on for me as I was reading a series of reports from Deloitte University Press on disruption. I felt this nine patterns of disruption has the same huge potential to frame and dialogue around the potential within disruption. A new framing of connecting disruptive innovation. They have defined the nine patterns of disruption as shown in the graphic below. The nine patterns of disruption (according to Deloitte).

Disruptive Forces Impacting the Insurance Industry in 2021

ITONICS

A look at disruptive forces impacting the insurance industry in 2021 and beyond. Agile innovators able to integrate transformative technology, behavioral economics, and collaborative ecosystems will set the pace for change. FOR REPORT DOWNLOAD - CLICK.

Top Takeaways from the 2019 Innovation Trends Report

InnovationTraining.org

Review what you need to know from the 2019 Innovation Report released by Stanford Professor Bret Waters. Image taken from the 2019 Innovation Trends Report. In the 2019 Innovation Trends Report , Stanford University Professor Bret Waters looked at disruptive innovation at some of the largest companies in the world and how their executive teams are driving it on. Learn more about this report and the top takeaways from it below. Top Takeaways from the Report.

Digital Disruption and Your Workforce

Daniel Burrus

In some cases, it’s about identifying opportunities for major digital disruption that you yourself can introduce (think Uber, Kickstarter and other innovations that set entire industries on their ear.). But being anticipatory also means being aware of outside disruptions that may impact you—and how to prepare accordingly. To that end, let’s consider the relationship between digital disruption and the people in your organization. The Continuing Digital Disruption.

The problem of scaling can confuse those innovating.

Paul Hobcraft

Those of dealing with greater ambiguity, of building in the needs of agility, higher levels of flexibility, curiosity and the willingness to explore and experiment and take increasing risk. The risk of being highly scaled is fast becoming a point of disruption for others. It needs to be more agile and flexible. The problem of scaling can confuse those innovating and can this be changed? I have been often returning to scaling struggling with finding the best answers.

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No Company deserves to survive with apathy in its future

Paul Hobcraft

Following on the heels of reading and then reviewing reports from Accenture on how US big business was treating their innovation as left to chance in cloudy execution, it felt not so good for my beliefs that we were actually not making progress. Then I reviewed Deliottes report on how leadership within Boardrooms is being disrupted and equally struggling to get their ‘collective heads’ around disruption and how innovation can, or cannot , dig them out of the threats they are facing.

Disruptive Forces Impacting the Insurance Industry in 2021

ITONICS

A look at disruptive forces impacting the insurance industry in 2021 and beyond. Agile innovators able to integrate transformative technology, behavioral economics, and collaborative ecosystems will set the pace for change. FOR REPORT DOWNLOAD - CLICK.

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Digital Disruption: In search of market leadership

mjvinnovation

Digital Disruption has had a major effect on the agendas of CEOs around the world because of domestic digital generations and because of the GAFA (Google, Amazon, Facebook and Apple), companies that have revolutionized the entire market using 100% digital solutions. Want to know more about Digital Disruption as a market practice ? What is Digital Disruption? In this context, the companies that take the lead stand out for disruptive pioneering. Digital Disruption.

Solve the Real Problem with Exponential Thinking

Daniel Burrus

Overnight, teachers, office executives, and many other white-collar jobs turned remote while doctors, nurses, and other service industry professionals reported to new on-site tasks, labeled as essential workers and sent to the front lines to wage this terrible battle against an invisible enemy.

RESKILLING AND UPSKILLING PEOPLE AND TEAMS

ImagineNation

Where organisation, leaders, and teams can increase speed, agility and improve simplicity and strategically generate new ways of tapping into the power of, and harnessing, and mobilizing people’s collective intelligence.

HOW ENTREPRENEURS CAN UTILISE SOFTWARE

ImagineNation

Managing Disruption. No business is immune from disruption. Whether this is changes in a commercial marketplace, a focus on new and emerging technology, or large-scale societal upheaval caused by completely unforeseen circumstances, disruption is inevitable. Speed Up Reporting.

CO-CREATING FUTURE-FIT ORGANISATIONS

ImagineNation

Where, according to the recent Ideascale “Crowd Sourced Innovation Report 2021” “ crowdsourced innovation capabilities have grown and innovation output indicators like implementation rate and time to implement have improved.

The Innovation-Driven Disruption of the Automotive Value Chain (Part 2)

Corporate Innovation

While reporting record quarterly sales , they are also witnessing two alarming trends. In this blog I explore what the automotive industry has been doing to address the potential disruption, analyze the effects of these initial steps, and provide recommendations on what corporations could be doing better. For example, car dealers are being disrupted by the direct sales model of Tesla and sales lead-generation innovations from companies like TrueCar.

The Innovation-Driven Disruption of the Automotive Value Chain (Part 2)

Corporate Innovation

While reporting record quarterly sales , they are also witnessing two alarming trends. In this blog I explore what the automotive industry has been doing to address the potential disruption, analyze the effects of these initial steps, and provide recommendations on what corporations could be doing better. For example, car dealers are being disrupted by the direct sales model of Tesla and sales lead-generation innovations from companies like TrueCar.

Rethinking the measuring of innovation

Paul Hobcraft

Why do established businesses ignore the investment rationale for delivering real innovation winners that can change the fortune of the business and leave this ‘venturing’ to others to gain transformational solutions or even radically alter existing business value propositions and then ‘cry’ over being disrupted? Developing the agility to quickly react to changes, effective and decisive intent. I’m a little tired of the lack of original thinking that goes into measuring innovation.

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Upskilling to drive growth in the new economy

ImagineNation

According to the World Economic Forum – Jobs of the Future Report , the Fourth Industrial Revolution is creating demand for millions of new jobs, with vast new opportunities for fulfilling people’s potential and aspirations.

You Are Being Digitally Disrupted – Do Something About It

The Inovo Group

There is an apparent split between companies that find it easy to build a collaborative, customer-centric culture (smaller, more agile startup-type companies) and those that don’t (i.e., There are numerous conferences dedicated to it and literally hundreds of articles, reports and posts discussing it. Many companies are not prepared for the disruptions that the coming digital transformation will cause and some haven’t even started thinking about it seriously.

5 Innovation Trends of 2018 that will Disrupt the Corporate Landscape in 2019

Qmarkets

Companies across multiple sectors have launched collaborative efforts to gather disruptive new ideas, harness new technologies, and achieve greater sustainability. Amplifying Agility via Corporate-Startup Collaboration. Large-scale companies are increasingly recognizing the enormous predictive potential offered by startups when it comes to anticipating disruption and ‘previewing’ the results of particular business ventures.

Shifting our thinking within the Fourth Industrial Revolution

Paul Hobcraft

There was a number of sessions held at Davos, relating to this 4IR but more importantly, a release of a number of reports or white papers on the growing impact of this revolution. So much of our known world will become disrupted, it will challenge society, it will bring about new behavior. Being fully connected-up will teach us to be adaptive, agile and alert.

Innovators – are you thinking about Ecosystems?

Paul Hobcraft

Ecosystems that ultimately produce new business models rest on a large capacity for agility within the participating organizations. Today you can argue differently, why what you see as needed is not the best and maybe different from first envisaged, and it is better and evolutionary but demands more change and disruption internally. Burning platforms will be all around us, as we continue into the age of disruption. Business Ecosystem Trends by Deloitte.

GE and its Global Innovation Barometer 2016

Paul Hobcraft

I always look particularly forward to this report as it provides a range of insights that are shaping our world and how innovation is adapting and altering this. Now the report in its fifth edition, it is now spanning 23 countries where the opinions of senior innovation executives or the equivalent are sought out, covering 2,748 executives, with 1,915 being in the C-Suite. The report covers a significant amount of areas across innovation.

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A Model for Dual Corporate Innovation Management

Tim Kastelle

Exploration-oriented initiatives are related to developing future business by searching for novel, and often disruptive, business models or technological capabilities. Do executives with responsibility for explorative innovation report to the CEO/executive management, or to another line executive responsible for today’s business? The exploration unit aims at identifying and scaling novel – and often disruptive – opportunities to build cutting-edge businesses.

Shining a powerful innovation light into the Corporate Boardrooms

Paul Hobcraft

So after a fairly ‘dark’ period for me, of absorbing and reflecting on a series of reports, each indicating that innovation and its management understanding is not as deeply understood in the boardroom as it should be, you need to respond. The suggestions that will be offered are designed to help tackle the disruptive forces swirling around the business that are rising, increasing the uncertainties to future invest.

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Startup Engagement in Corporate Innovation

Integrative Innovation

Little have released an interesting report, titled “ The Age of Collaboration “ The study does a good job in synthesizing the global state of play of corporate-startup collaboration and latest findings on success requirements for its implementation. Without further ado I’d like to share some of the report’s key findings and visuals at a glance. For (worthwile) details, please delve into the report PDF. Recently, Match-Maker Ventures and Arthur D.

When Disruption Becomes Destructive: How Can Financial Services Companies Close the Innovation Gap?

Qmarkets

Their agility helps them to keep the pulse of the digitally savvy consumers and makes it easy for the unbanked to join in. We now live in an era where 53% of millennials don’t think their current bank offers anything special or different than other banks, according to the ground-breaking Millennial Disruption Index. According to a recent PwC report on the industry , “customer intelligence will be the most important predictor of revenue growth and profitability.”.

Digital Innovation Units: Recommendations, Trends and Conclusions

Integrative Innovation

As the study is in German only, some of its identified key trends and conclusions are going to be shared subsequently in translated form (quotes from the study report in Italic ). Company builders that operate decentralized isolated to explore and develop disruptive innovations that are beyond the core business have been a rarity so far. Trend 2: Duality of the Digital Innovation Unit Scene: Incremental vs. Radical / Disruptive.

Social Networks and Big Data: the best strategy for getting to know your customers

mjvinnovation

The results are reports and indexes that support decision-making processes. Be agile: when implementing disruptive technologies, many obstacles can arise, including some that no one imagined initially. Agile

The Case for Dual Innovation

Tim Kastelle

Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Accenture finds in their recent study that companies need to reassess their approach to innovation execution: Companies need to develop agile innovation operating models that enable companies to not only test new ideas quickly, but also absorb new capabilities and talent from other industries. Engine 2 efforts are disruptive and potentially game changing.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Accelerating dynamics and pace of disruption in most industries, in particular triggered by the pervasion of new technologies, lead to decreasing life times of existing business models. Recent research has confirmed successfully disrupting as well as outperforming companies to be significantly more engaged in business model innovation. Platform business models tend to affect – oftentimes disrupt – multiple industries over time.

10 Best CRM For Your Business In 2020

Innovation Excellence

Sales reporting. Built-in calling and texts Team inbox Activity tracking Email tracking Product and service management Sales follow up email sequences Text sequences Data entry automation Goal tracking and sales forecasting Smart sales reports Integrations with business tools.

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Accelerating the Journey to HR 3.0: Key Insights from IBM’s 2020 Study

InnovationTraining.org

A high-level summary of IBM’s latest report on transformations in HR. This has shifted in the last decade, and especially since the COVID-19 pandemic disrupted job functions across many if not all industries.

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Tomorrow thinking for CEOs

The Future Shapers

Why does it seem that most large organisations are too paralyzed to move fast enough in times when corporate agility is the only response that will help them win? Why do large organisations – that understand the fundamental challenges coming at them, because of disruptive technologies, business models or concepts – seem to be too paralysed to move fast enough to respond? Ambiguity into Agility. Organisations of the future need creativity, innovation, agility and flexibility.

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Mapping the customer journey is the top driver for digital transformation

Paul Hobcraft

A recent Altimeter report “ the 2016 State of Digital Transformation ” discusses these problems, along with many others. So that you are aware, the data and insights in this report are based on the input of more than 500 digital transformation strategists and executives who are leading change within their organizations. There is even more of a warning within the report. The report warns even further: Mobile is just the beginning of disruption in the customer journey.

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Never Trust an Atom (and Sometimes Your Brain)

The Human Factor

However, markets change very quickly these days, and are often impacted or disrupted by circumstances we never see coming. No surprise there – we see this every day on websites and the so-called “news” channels that present highly biased opinions while calling them objective reporting. Green" "The Human Factor" "Architect of Pause" "Using Your Brain to Win" "strategic agility" "Pause-Think-Focus" winning habits MSU Using Your Brain to Win

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A Model for Integrative Innovation Management

Integrative Innovation

Exploration-oriented initiatives are related to developing future business by searching for novel, and often disruptive, business models or technological capabilities. Do executives with responsibility for explorative innovation report to the CEO/executive management, or to another line executive responsible for today’s business? The exploration unit aims at identifying and scaling novel – and often disruptive – opportunities to build cutting-edge businesses.

How To Fail At Cultural Change

The Human Factor

Not exactly what I would call a glowing report card for cultural change. disrupt) ourselves. Green Pause-Think-Focus Science of Thinking strategic agility The Human Factor Using Your Brain to WinAccording to the human capital research firm I4CP , more than half of the surveyed companies had recently or are currently undergoing a major cultural change.

Is Your Organization Changing Fast Enough to Win?

The Human Factor

Developing resilience – the ability to absorb high levels of disruptive change while displaying minimal dysfunctional behavior – involves specific actions and intentional behaviors. Make sure that all tools, reports, processes and feedback are fully aligned to your definition of winning. Green Pause-Think-Focus Science of Thinking strategic agility The Human Factor Using Your Brain to Win

Leveraging talent in the fourth industrial revolution

ImagineNation

Yet, we all have the talent to maximise a potential share for Australian industry worth $315 billion in the next 10 years according to the CSIRO Data61 Report & we all need to ensure that we don’t miss out! . Incorporate a strategic focus on the people side of innovation, putting talent at the core of your strategy as a powerful enabler of systemic change through: Outlining a clear why it is important for people to adapt & grow in the face of disruptive change.

How To Fail At Cultural Change

The Human Factor

In my previous blog, I noted that 56% of the organizations that participated in a survey by I4CP, a human capital research firm, reported recently or currently undergoing a major cultural change. Not exactly what I would call a glowing report card for cultural change. disrupt) ourselves. Green" "The Human Factor" "Architect of Pause" "Using Your Brain to Win" "strategic agility" "Pause-Think-Focus" winning habits culture

Taking the path to digital transformation

ImagineNation

It is becoming more and more apparent that we are living in a moment of profound possibility and enormous disruption. The Boston Consulting Groups’ (BCG) Most Innovative Companies Report 2018, states that: At leading innovators, R&D and new-product development have become digital endeavours. How do we apply digital technologies to drive innovation, leveraging new tools, platforms, and processes (such as agile) in order to turn insights into new products and services?

Unicorns don’t kill dinosaurs, meteors do!

The Future Shapers

You may even say that they deserved to be killed off, their customer base picked apart by hungry fast growth unicorns who had the agility and drive to offer something new. Something I outlined in my latest report “ Shifting innovation perspectives for 2019.”. Adaptability Disruption StrategySo, you’re a senior leader, maybe a CEO and today is the first day of the rest of your life! How are you going to spend it?

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