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Sorting through our Innovation Management Tools

Paul Hobcraft

There are management tools that have become ‘enshrined’ in organizations and many of the executives become settled on the ones they have bothered to learn or seemingly do the job. The problem we are having, many of the traditional tools, many still taught in most management schools are lagging the changing market we are operating in.

Tools 100
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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

In part 1 of this post , Ralph revisited key innovation issues that were already addressed by us three years ago. It doesn’t always translate to managers, however. Co-Innovation and startup engagement. That means high integration costs – and another reason to be wary of new innovation.

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Recognizing the Building Blocks of Innovation

Paul Hobcraft

In frameworks and mechanisms , my favourite has always been the three horizons , followed by ideation platforms and contests, innovation centres, labs and accelerations, ambidextrous growth ( explore and exploit ), taking principles of disruptive innovation and staged and venture funding approaches.

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Jumping to a fresh cycle of innovation design

Paul Hobcraft

I have argued in the past that innovation management needs to radically adjust and needs to be designed differently, it needs to be highly adaptive. I’d like to offer some views, partly looking out to the future, partly considering what is potentially within our grasp, if we step back and rethink innovation design.

Design 232
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Spotting Innovation Opportunities

ITONICS

If a company focuses on incremental innovation and simple stage-gate ideation processes only, it won’t keep up in the long run. In addition to transforming a whole industry, disruptive business models also push and promote paradigm changes. The Innovator’s Dilemma. Is there a pattern for disruption & breakthroughs?

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Technology leads, innovation exploitation is lagging

Paul Hobcraft

There is a growing, perhaps even an overwhelming business case, for transforming the innovation management structure. The new combination is the new connections through people and things (IoT) that we can achieve a new innovation potential. Digital matters, in its raw innovating power and its potential business impact.

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Companies betting big on open innovation

hackerearth

“Open innovation is the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively. Organizations world over have been employing this innovation model fruitfully for years now.