Cris Beswick

APRIL 16, 2024

Leaders who champion innovation understand its role in driving competitive advantage, increasing market share, and, often, creating entirely new markets. This balance is essential for organisations to remain competitive and adapt to changing market conditions. Horizon 1 activity has lower risk but also lower return.

Innovation 59

Innovation Culture Creativity Disruption 59

Qmarkets

APRIL 17, 2024

The power of discontinuous innovation lies in its ability to transform not just business operations but also market landscapes, offering immense opportunities for companies that dare to lead the charge. This concept, often used interchangeably with radical and disruptive innovation, has nuances worth understanding.

Industry 40

Industry Marketing Software Review Technical Review 40

Innovation 360 Group

JUNE 9, 2020

Over the past few months, we have learned a lot about ourselves in the way we’ve been able to respond to external unplanned events. It drives innovation to a transactional level and leads organizations to seek the perceived lower risk of acquiring new ideas vs developing them in house. The importance of radical innovation.

Industry 40

Industry Radical Innovation Underperforming Technical Team Technical Review 40

Paul Hobcraft

SEPTEMBER 27, 2017

You do get tired of hearing “we are looking to become a value-creating solution provider”, yet the willingness to really create collaborative networks is still stuck in the “us and them” mentality. The thinking through on the contribution around innovation needs to be changed. Struggling with legacy and old models.

Collaboration 138

Collaboration Artificial Inteligence Technical Review Industry 138

Tim Kastelle

MARCH 7, 2016

This requires companies to proactively or reactively innovate their business models in order to remain competitive. Recent research has confirmed successfully disrupting as well as outperforming companies to be significantly more engaged in business model innovation. Cases in point: Lego and Burberry.

Innovation Management 100

Innovation Management Management LEAN Technical Review 100

hackerearth

MARCH 28, 2018

Innovation is the key to gaining and sustaining competitive advantage, especially in today’s fast-paced, tech-fueled business ecosystem. Traditionally, many organizations used their own knowledge monopoly to innovate and deliver dominant technologies and products to the market. What is co-innovation? Source: Inteliment.

Open Innovation 68

Open Innovation Survey Collaboration Innovation 68

Paul Hobcraft

AUGUST 11, 2015

This is part two of an extended series on my thoughts on “ moving towards a new way of managing innovation ” that explores the potential for changing the management of innovation. We all feel the need for speed as the pace of innovation quickens, as we face shortening life cycles, greater competition and growing market pressure.

Innovation 100

Innovation Competition Disruption Collaboration 100

mjvinnovation

NOVEMBER 12, 2020

Radical innovation: implementing completely new ideas into products, services, or business models. They have the most significant impact because new markets or customer needs may arise from this innovation; ? Sustainable innovation: it helps companies to defend their position in the market and remain competitive.

Company 40

Company Innovation Radical Innovation Competition 40

Innovation 360 Group

JANUARY 28, 2020

Kodak’s competition was not just other camera and printer companies, but entirely new innovations like social media. In any case, the full story of Kodak has not been written yet and there is still much to learn from their attempt at coming back to life. Their customers were actually trying to hold onto memories.

Software Review 40

Software Review Exercises Technical Review Radical Innovation 40

Paul Hobcraft

MAY 17, 2016

“The problem is that an organization’s capacity for innovation stems from an innovation system: a coherent set of interdependent processes and structures that dictates how the company searches for novel problems and solutions, synthesizes ideas into a business concept and product designs, and selects which projects get funded.

Strategy 124

Strategy Strategy Innovation Resources 124

Innovation 360 Group

MARCH 7, 2019

“We allow them to make mistakes a few times”, says Sune, “but they quickly learn.”. This collaborative culture allowed HLL Hyreslandslaget to grow quickly and exponentially, last year with triple digit growth. Want to learn more about getting your own team or organization ranked for innovationIQ?

Radical Innovation 40

Radical Innovation Innovation Culture Industry 40

Paul Hobcraft

MAY 18, 2016

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.

Underperforming Technical Team 124

Underperforming Technical Team Innovation Strategy Strategy 124

Paul Hobcraft

MAY 18, 2016

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.

Underperforming Technical Team 124

Underperforming Technical Team Innovation Strategy Strategy 124

Tim Kastelle

APRIL 30, 2016

Two-thirds of all breakthrough innovators stated that all innovation and product development is controlled and driven by a centralized organization, at least in its initial stages. More than 70 percent have a different organizational entity for managing radical innovation. (…). Source: Accenture.

Disruption 100

Disruption Innovation Survey Study 100

Integrative Innovation

APRIL 7, 2016

Two-thirds of all breakthrough innovators stated that all innovation and product development is controlled and driven by a centralized organization, at least in its initial stages. More than 70 percent have a different organizational entity for managing radical innovation. (…). Source: Accenture.

Disruption 40

Disruption Innovation Survey Study 40

Integrative Innovation

JANUARY 27, 2016

This requires companies to proactively or reactively innovate their business models in order to remain competitive. Recent research has confirmed successfully disrupting as well as outperforming companies to be significantly more engaged in business model innovation. Cases in point: Lego and Burberry.

Underperforming Technical Team 40

Underperforming Technical Team Big Data Innovation Technical Review 40

hackerearth

OCTOBER 16, 2017

Innovation can be incremental, radical, architectural, modular, etc. In incremental innovation, a company improves or upgrades existing product, process, or service. In radical innovation, a company replaces its existing business model with an entirely new one. In sustaining innovations, incumbents win.

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

hackerearth

OCTOBER 16, 2017

Innovation can be incremental, radical, architectural, modular, etc. In incremental innovation, a company improves or upgrades existing product, process, or service. In radical innovation, a company replaces its existing business model with an entirely new one. In sustaining innovations, incumbents win.

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

Innovation 360 Group

NOVEMBER 4, 2018

New technologies can be deployed with a swipe of a finger, appearing across billions of devices all over the world, changing market dynamics in a heartbeat, while competition from emerging markets isn’t just producing cheaper goods and copycat products, but radically redefining the terms of production and distribution.

Culture 83

Culture Management Project Leadership 83

Innovation 360 Group

AUGUST 25, 2019

They need a common framework and language to describe and quantify innovation efforts, and to collaborate internally and externally. While they don’t have the same resources as large corporations, SMEs can potentially be quite innovative.

Case Study 51

Case Study Underperforming Technical Team Project Study 51

Innovation 360 Group

JUNE 19, 2018

It was accomplished by a combination of brilliant ideas and productive innovation systems in collaboration. Both paths are very different from the Market Reader strategy, where organizations evaluate the competitive landscape objectively, using analytics to predict trends and capitalize on opportunities before the window closes.

Underperforming Technical Team 40

Underperforming Technical Team Radical Innovation Technical Review Software Review 40

Innovation 360

JUNE 20, 2018

It was accomplished by a combination of brilliant ideas and productive innovation systems in collaboration. Both paths are very different from the Market Reader strategy, where organizations evaluate the competitive landscape objectively, using analytics to predict trends and capitalize on opportunities before the window closes.

Underperforming Technical Team 40

Underperforming Technical Team Radical Innovation Technical Review Software Review 40