Paul Hobcraft
MARCH 27, 2018
They point out that since 2014, only four types of innovation and that are all related to digital, have grown increasingly in importance in their pursuit by companies. So the need to innovate comes from digital as the source. It will fundamentally change the type of resources innovation requires.
Gregg Fraley
AUGUST 1, 2018
The MoshPit system seeks to find combinations of concepts that lead to innovation. Digital technology holds promise to improve, or radically innovate, many areas of an organizational value chain. To discover radically new applications for digital tech what’s needed is taking a comprehensive look across all operations.
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Paul Hobcraft
SEPTEMBER 27, 2017
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?
Jeffrey Phillips
DECEMBER 1, 2016
Until that happens we can imagine a lot of innovation and investment in a new platform (autonomous systems) and the ecosystem that surrounds that platform (mapping, geolocation, sensors, smart systems, smart grids, big data, etc). Notice however, that the core technology (the car itself) doesn't change all that much.
ITONICS
JULY 30, 2018
The other side of the opportunity space is shaped by the internal potential of a company, i.e. the innovation culture, the departments’ and employees’ knowledge and information about previous failures or learnings. They all more or less describe a field or way of how to spot opportunities for disruptive innovations.
Cris Beswick
APRIL 16, 2024
By dedicating 70% of resources to core innovation (Horizon 1) (aka continuous improvement, aka incremental innovation), 20% to adjacent innovation (Horizon 2) (aka differentiated innovation), and 10% to transformational innovation (Horizon 3) (aka disruptive or radical innovation), organisations can ensure a balanced portfolio approach.
Wazoku
NOVEMBER 29, 2017
In determining your technological solution of choice to foster innovation, the basic principles are consistent with design thinking and hence the much talked about symbiotic nature and blurring of the domains. Start with the end in mind and try and determine what your organisations innovation objectives and strategy are.
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