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Achieving an Ecosystem AI-driven innovation engagement process

Paul Hobcraft

In one of my posts, “ Embrace AI-driven innovation; it is the future ,” I looked specifically at how the (traditional) innovation management process will change. The deployment of AI-driven thinking utterly alters my perspective of “delivering” innovation. New Areas of Accelerating Innovation Discovery.

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It’s Time To Upgrade Your Innovation Management System

Innov8rs

However, the business environment for corporate innovators has since shifted, and they are now being asked to do more with less. Following a more generic call to “stop innovation theatre”, the current assignment is to create new revenue streams that contribute to top- and bottom-line in the short term.

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The Potential Returns of the Composable Innovation Enterprise Framework

Paul Hobcraft

The thrust of the framework is “ Organizations can create a more comprehensive and effective innovation ecosystem by utilizing building blocks as components of the innovation stack, guiding platform development using the innovation stack, and supporting the innovation stack with a platform.

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Recognizing the Building Blocks of Innovation

Paul Hobcraft

Many tools, techniques, frameworks, mechanics, and emerging methodologies have allowed different parts of the innovation process to be explored and exploited. We are moving innovation along but not at a pace or design that reflects the need to connect “it ” into one comprehensive process.

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10 Most Popular Innovation Management Questions

PlanBox Innovation

This article originally appeared on Innovation Leader. Launching an innovation management system does not have to be guesswork, and it is a lot easier than most organizations imagine it to be. Innovation by definition is very different from typical business processes, and it should be in a constant state of flux.

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The Final Perspective: A Composable Innovation Enterprise Framework

Paul Hobcraft

In my view any new approach to innovation needs to aim to achieve interdependent and interlocking innovation, solving problems that have not been addressed before and offering sustainable value, impact, and returns to all involved or significantly improving on the existing solutions. Nothing can work in isolation.

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The planning out of this Composable Innovation Enterprise Framework

Paul Hobcraft

The potential returns, including increased agility, improved innovation outcomes, enhanced collaboration, and long-term competitiveness, make this radical change worthwhile for organizations aspiring to thrive in today’s dynamic business environment. This could include customers, partners, suppliers, or other ecosystem participants.

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