article thumbnail

Navigating Innovation Options

Strategos

They speak about it in public as key to meeting their customers’ needs for new products and services and assert that innovation that keeps ideas flowing from inception to commercialization is key to building a sustainable business. Big Data is high on everybody’s radar and used as input to identify opportunities.

article thumbnail

The Challenges being Faced by Innovation Consultants

Paul Hobcraft

The need for ecosystems, platforms, the greater use of analytics, big data and reliance on technology. I get the distinct impression the focus of most innovation consultants is still locked into product innovation or improving the process of the pipeline / portfolio, the idea generation and project execution model.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Projects Are How Innovation Happens

Gregg Fraley

Big Data is not innovation. Training is not innovation. Measuring your organizational culture is not innovation. Hiring a new Innovation Director is not innovation. Market research is not innovation. Metrics are not innovation. Trend radars are not innovation. Understanding best practices in innovation are not innovation.

Project 50
article thumbnail

Nine Questions CEO’s Should Ask About Innovation

Gregg Fraley

AI, social media, the Internet of Things (IoT), big data and other technologies are impacting things up and down the value chain. Are you actively engaged in examining digital technology for innovation opportunities? Digital technologies are game changers, and it’s here now.

Project 74
article thumbnail

7 Habits of Highly Innovative Companies

ITONICS

Even though it took 7 months for the founders to persuade Bosch leadership that their vision is doable, the startup developed a software with machine learning and analytics integrated within the networks of the retailer and the IoT application. There is exclusively a communication gap between leadership and non-management employees.

Company 57
article thumbnail

Disaster: CEO’s Ignoring Digital Innovation

Gregg Fraley

Innovation + Business + Technology = Digital Leadership. The demands of digital leadership and the enterprises of the future could dramatically accelerate that rate in the next few years. Data tools and platforms wrangle the explosive data pipeline of big data , data lakes, and business applications.