article thumbnail

Choosing your direction of travel

Paul Hobcraft

They are not yet at the point of being digitally effective to turn what they have into real competitive advantage as they lack the capabilities in big data analysis and those algorithms that reveal ground-breaking innovations, Are they hanging on in the belief they will become digitally transformed eventually or just deluding themselves?

article thumbnail

Learning a new innovation language

Paul Hobcraft

We all in the middle of a re-orientation of our ways to undertake innovation as a process and in its design. It is how we design and explores “smart” products and for this we are reliant on others, having a growing dependency on external parties. We are learning to connect in completely different ways.

Learning 189
Insiders

Sign Up for our Newsletter

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

article thumbnail

From end to end: why the union of Design Thinking and Agile has been so successful

mjvinnovation

Design Thinking: Think of solutions, solve situations and problems, close the gaps that need filling in. It is Design Thinking that will pave the way to traveling assertively. Since you have a well-defined idea (through Design Thinking), Agile will clear a path towards your idea by removing obstacles that stand in your way.

article thumbnail

All things considered for Innovation Thinking

Paul Hobcraft

When we are designing innovation for the future, the search is even more centered around strategically connected value creation. The task of searching to resolve more complex problems allows Design Thinking to step up and become a far more visible component on how we can go about this. Source: Rikke Dam and Teo Yin Siang.

article thumbnail

Why digital transformation will drive business model innovation

Jeffrey Phillips

As this movement gains steam, and autonomous vehicles gain traction, it's increasingly likely that individuals don't acquire cars, they pay for transportation or miles traveled. This means constant updates to how car parts and cars themselves are designed, manufactured and assembled. What happens?

article thumbnail

Valuing digitization alongside innovation

Paul Hobcraft

The powerful effects of digitalization are opening up different business opportunities, the chance to design different business models and get far closer to the ultimate need, to understand the customers wishes from the products and services they are wanting to buy. We all see around us increasing disruption caused by digitalization.

Data 208
article thumbnail

What Do You Do When Customers Want Privacy And Businesses Need Data?

The Human Factor

Although it’s healthy for shoppers, it’s bad for the businesses that have gotten used to the insights they glean from cultivating big data. Your app, the one that does the majority of the heavy lifting from a marketing perspective, is designed to store as much data as possible. 56% plan on sharing less in the future.

Data 36