article thumbnail

Why we should focus on Innovation Governance

Paul Hobcraft

Governance always has guidelines and measurements, I would argue these need to be sensible and adaptive , not just restrictive and prescriptive. It offers flexible, realistic measurement settings to give clear coordination, and clarity to innovation activities often over a diverse environment of different innovation needs.

article thumbnail

Constructing the innovation mandate

Paul Hobcraft

That group should possess a deep understanding of the existing organization’s strategy, business models, operations and culture and a wider appreciation of the innovation landscape, the “fields of opportunity” and the emerging practices of innovation management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Applying the Three Horizon Thinking to a Fresh Perspective of Innovation Design

Paul Hobcraft

I recently applied the three horizons thinking to ‘frame’ a new innovation design. We also know today that innovation management itself must become “fluid” in design, in adaptation so the right approach is to be constantly ‘adaptive’ and put together what is needed to tackle the challenge that needs resolution.

Design 138
article thumbnail

Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

We need to open up our thinking about risk and innovation management. We should aim for a really healthy construct that does help all involved or associated with innovation and managing risk, that gives a better chance of pushing beyond the incremental innovation that avoids most risk and disappoints those seeking real growth.

article thumbnail

Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

We need to open up our thinking about risk and innovation management. We should aim for a really healthy construct that does help all involved or associated with innovation and managing risk that better chance of pushing beyond the incremental innovation that avoids most risk and disappoints those seeking real growth.

article thumbnail

Organizations suffer constantly from unhealthy Innovation tension

Paul Hobcraft

There is always a stated “we must be innovative to survive,” but we very rarely what to give that some framing, some guidelines. No wonder it is often ducked and just vaguely talked about as much of innovation understanding is still poorly understood in its impacts and effect. It is not ‘business as usual.’

article thumbnail

Fusion, Flow and Fluidity are needed in our Management Practices

Paul Hobcraft

There are growing concerns centered around how we need to adapt our management practices to manage in a digital world, we are grappling with the consequences and we need to find new solutions and approaches. We need a new management practice to deal with our digital world.