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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.

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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.

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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.

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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.

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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
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70:20:10 Rule of Innovation

ITONICS

The theory was later picked up by Eric Schmidt, former CEO of Google, who decided to apply the model to Innovation at Google. He asked Googlers to focus on core business 70% of the time, 20% on related projects and 10% of the time on unrelated and new projects. 70% | Core Innovation. Pipeline Management.

article thumbnail

70:20:10 Rule of Innovation

ITONICS

The theory was later picked up by Eric Schmidt, former CEO of Google, who decided to apply the model to Innovation at Google. He asked Googlers to focus on core business 70% of the time, 20% on related projects and 10% of the time on unrelated and new projects. 70% | Core Innovation. Pipeline Management.