article thumbnail

Recognizing the Building Blocks of Innovation

Paul Hobcraft

I think of the Gartner Hype Cycle here as we have gone through each of the stages of recognition of the application and the learning from this; we have the innovation triggers first, then a peak or inflated expectations, followed by troughs of disillusionment and finally by the slope of enlightenment, to give a new plateau of productivity.

article thumbnail

Parkinson’s Law and the Peter Principle – are they relevant to innovation?

Idea to Value

This is why “lean” and “agile” have become buzzwords today. There are assessments for nearly everything and big data will probably provide more on the less tangible things like creativity and likeability. Their power structures and jobs are threatened and they mobilize to deny or resist the new developments.

Report 148
Insiders

Sign Up for our Newsletter

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

article thumbnail

Beware conventional wisdom in innovation and digital transformation

Jeffrey Phillips

It advocates: Determine a Use Case for the new technology or approach Train people to be more proficient users of the new technology Start small - find small successes This advice was true for the following list of management concepts: ERP Lean Agile Six Sigma Doing business on the internet and I suspect many, many more.

Training 179
article thumbnail

So Where Is Innovation Heading?

Paul Hobcraft

These are big data analytics, the fast adoption of new technologies, mobile products and capabilities and digital design.See the above for the complete list on where innovation is heading, it makes interesting viewing. So the need to innovate comes from digital as the source.

article thumbnail

Infographic – 5 trends that will revolutionize the energy market in the next few years

mjvinnovation

Their analytical power comes from using Big Data and Machine Learning to design the best scenarios, manage risk, and elevate decision making to the next level of efficiency. Agile Delivery: Use Agile Practices – Agile and Lean. The Action Plan. Expertise: IT Outsourcing / Open Innovation.

article thumbnail

Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

Tim’s Comment: There’s one other way that this idea plays out too – figuring out how to use lean startup techniques inside of established organisations. Indeed, BCG research shows that big data leaders generate 12 percent higher revenues than those who do not experiment with big data.

article thumbnail

Dr. Soo Beng Khoh

Innovation 360 Group

He is a change agent and experienced trainer in his expertise areas, where he frequently shares his knowledge as trainer, guest lecturer & keynote speaker at public events, institutions of higher learnings/universities and conferences. Process Innovation (Certified Design for Six Sigma Black-Belt, Lean). Change Management.