Remove Agile Remove Product Innovation Remove Radical Innovation Remove Technical Review
article thumbnail

Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

To do this, technology adoption and diffusion across the ecosystem needs to improve dramatically. “After a decade of flat productivity, the arrival of the Fourth Industrial Revolution (4IR) is expected to create up to $3.7 Innovation is one powerful catalyst ripe for leveraging in this 4th Industrial Revolution.

Industry 213
article thumbnail

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. Let’s remind: One size does not fit all.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What is innovation, and how can it benefit your company?

mjvinnovation

For many companies, innovation means taking products and services and changing them in detail: color, shape, features, size, etc. However, this form of incremental innovation alone does not work anymore in many markets. Besides, due to digital transformation, companies also need to develop more digital business models.

Company 40
article thumbnail

Choosing your direction of travel

Paul Hobcraft

So from what I can see so far, change is highly constrained: Evolution is slow, revolution is seemingly non-existent due to narrow vested interests. Digital connections and technology platforms. Product innovation from discovery to market is still the biggest drag on industry performance.

article thumbnail

Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Reinvention through business model 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. Let’s remind: One size does not fit all.

article thumbnail

Building upon the four essential pillars for innovation

Paul Hobcraft

The innovation architecture is progressively being recognized and put into place, it’s forming the building blocks of the innovation platform we need to build upon, ones for more radical innovation outcomes. So the article “ Want to Win at Business Model Innovation?

article thumbnail

Co-creating volume 3

Innovation 360 Group

It was accomplished by a combination of brilliant ideas and productive innovation systems in collaboration. Innovators following the Need Seeker strategy will be most interested in narrowing the spotlight on customers, partners, and clients to offer superior value to the market. Adopt and adapt new technologies.