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So Where Is Innovation Heading?

Paul Hobcraft

We are in the middle of it, some of you may not have noticed its impact and change but it is significant on the understanding of innovation, in it’s future design. Often this era of change is not as well-recognized or being faced up to, as you would expect. To achieve this innovation has gone digital, pure and simple.

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The trough of innovation disillusionment

Paul Hobcraft

We are already in or heading for a trough of innovation disillusionment. We are witnessing even more incremental creep; we have lost the effect of serendipity, the “wow” factor, the moment something happened that changed our world. Innovation gets exciting when you stumble across something, totally unexpected. So we stay bored.

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3 innovation types: evolution, preventative and creative

Jeffrey Phillips

This means innovation will be focused on items and attributes around the periphery - messaging, packaging, claims, rather than interesting or radical innovation of the product or solution. Another approach is to use innovation to ferret out efficiency gaps.

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What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

Those not involved directly within the innovation project constantly remain skeptical or require more proof. The status quo of the existing places an increasing drag on the forces of change. So where does innovation sit within your organization? Will something change? Two reports recently came out.

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Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

Innovation is a learning process not to be confused with a safety procedure, both can be effectively managed and different in their treatment. Equally we have learnt innovation evolves due to this learning process and how ‘it’ interacts with customer needs. As a result, promising ideas are often smothered.

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Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

It can still come under the broad risk umbrella but judging innovation risk is utterly different from organizational strategic risk. Innovation is a learning process not to be confused with a safety procedure, both can be effectively managed and different. Moreover, the tools commonly used to support the process exacerbate the problem.

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The Case for Dual Innovation

Tim Kastelle

Evaluating breakthrough innovation cultures and organization s, BCG concludes in their annual 2014 study: By definition, breakthrough innovation is the introduction of new ideas that drive a different way of doing things. This requires risk taking, of course, since no one can foresee the outcome or results of such initiatives.