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Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

We are a long way away from fully capturing the benefits of the Fourth Industrial Revolution (4I)R in an inclusive and holistic way. To do this, technology adoption and diffusion across the ecosystem needs to improve dramatically. The biggest reason is dealing with the fear of the unknown – a lesson in 4IR change management.

Industry 213
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Connecting innovating value comes from Ecosystem thinking

Paul Hobcraft

We are witnessing a very radical change, driven by technology, increasingly disrupting and breaking down past traditional boundaries, partly built to defend positions so as to achieve economic scale. These are: The constant exponential of technology and its power to change is forcing up to change.

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Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

Discontinuous innovation represents a seismic shift in how industries function and evolve. By definition, it refers to the introduction of groundbreaking products or services that fundamentally change market dynamics, often rendering existing solutions obsolete.

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Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

In this blog post we talk about receptivity to change in Financial Services and some thoughts on how to move forward. Our digital capabilities have been at the forefront due to the increase in the level of acceptance of digital and virtual interaction with our customers and their relative experience across business lines and geographies.

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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

The degree of innovation When differentiating by innovation object, a basic distinction is made between product-, process-, service-, technological-and business model innovation (Edwards-Schachter, 2018). Thus, business model innovations can be differentiated from other types of innovations. Christensen C.

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Choosing your direction of travel

Paul Hobcraft

In the past week or so, I have been looking a little harder at the Chemical and Pharmaceutical Industry relating to innovation, it left me a little frustrated. I felt that warm and fuzzy feeling, as I read all too often those comforting words or platitudes of how “innovation is vital to us” and one of the “highest areas of focus.”

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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. Both are I feel “painting” a realistic picture of where innovation does sit within organizations.

Report 212