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Recognizing the Building Blocks of Innovation

Paul Hobcraft

Over the years, so much has improved and understood by the explanations, case examples, suggestions, clarifications and ways they were “built into” the individual innovation processes that each company chose to construct their innovation process. These tools and techniques enable ideation, validation, design-build and scaling.

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What do most innovative companies have in common?

hackerearth

The most common aspect of some of the innovative companies is that they are also high-performing organizations. In innovative companies, innovation is not sporadic. In innovative companies, innovation is not sporadic. Over 79 percent successful, innovative companies encourage innovative behavior throughout the organization.

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Intel Disrupted: Why large companies find it difficult to innovate, and what they can do about it

Steve Blank

In the 21 st century it’s harder for large corporations to create disruptive breakthroughs. Disruptive innovations are coming from startups – Telsa for automobiles, Uber for taxis, Airbnb for hotel rentals, Netflix for video rentals and Facebook for media. What’s holding large companies back? But it’s not over for Intel.

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So Where Is Innovation Heading?

Paul Hobcraft

Many companies are still in denial or not wanting to address the significant legacy and change required. Innovation has gone from being islands of knowledge, developing new products and services exclusive to that one company, then quickly copied by the competitors, into something radically different.

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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

Although, this is highly individual to each company, there may be some common cornerstones – such as the “ Three Horizons ” concept – structuring this way. But incumbents would be willing to make changes if a new technology proves to be truly disruptive and the long-term benefits are worth it.

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The core principles of Leading FOR Innovation

Cris Beswick

However, for every Steve Jobs or Elon Musk who has famously steered their companies through the maelstrom of change, countless unsung leaders, often within the more traditional corporate structures, want to cultivate the culture that innovation requires within their organisation. Horizon 1 activity has lower risk but also lower return.

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Sorting through our Innovation Management Tools

Paul Hobcraft

One of the consulting companies, Bain & Co has conducted the Bain’s Management Tools & Trends survey since 1993. One company pioneering a change in tools is Strategyzer founded by Alex Osterwalder of Business Model Canvas fame. Companies should champion realistic strategic directions and view tools as an aide, not a panacea.

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