Remove Change Remove Data Remove Product Innovation Remove Radical Innovation
article thumbnail

Innovation needs the power of completing the 4th Industrial Revolution

Paul Hobcraft

Innovation is ready for those accelerating and being fully committed to their 4IR journey. Then innovation can finally play its true part in discovering, leveraging and delivering new value and impact. We have to recognize the days of simple product innovation are dwindling. Innovation is the unlocking mechanism.

Industry 289
article thumbnail

Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

. “After a decade of flat productivity, the arrival of the Fourth Industrial Revolution (4IR) is expected to create up to $3.7 A few years back, experts noted that the changes associated with the 4IR would come at an unprecedented rate yielding incredible results for those who truly embraced them.

Industry 213
Insiders

Sign Up for our Newsletter

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

article thumbnail

Choosing your direction of travel

Paul Hobcraft

You know they are nowhere at the point of really understanding the potential of the changes that could take place within adopting a broader view on all aspects of innovation. The thinking through on the contribution around innovation needs to be changed. You breed risk adversion. We need to engage differently.

article thumbnail

Why platforms and ecosystems matter for innovators

Jeffrey Phillips

I thought it would be interesting to take a step back and place the discussion of ecosystems and innovation in context by examining the history of innovation, to demonstrate why ecosystems and platforms become important as a market or industry matures, and why innovators must engage ecosystems and platforms as they compete in a market.

article thumbnail

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

This requires companies to proactively or reactively innovate their business models in order to remain competitive. In either case, companies are frequently forced to reinvent themselves by changing the way they have been doing business so far.

article thumbnail

Getting started with Innovation Metrics

Strategos

Metrics are important in sending a signal you are serious about innovation and in establishing the desired innovation behaviours. Metrics help managers make informed decisions based on objective data, which is especially valuable given the long-term nature and risk associated with some innovation projects. Keep it simple.

article thumbnail

Does culture eat strategy for breakfast?

Innovation 360 Group

The perception of a gang of wired people in white coats doing the “innovation thing” is widespread, but nothing, based on data from 6,000+ companies in 62 countries, could be more wrong. His mission is to uncover hidden ideas within the world’s largest database of innovation data. I can’t make bricks without clay.”

Culture 63