Remove Collaboration Remove Engagement Remove Management Remove Radical Innovation
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Connecting innovating value comes from Ecosystem thinking

Paul Hobcraft

The increasing need for collaborating and extracting external expertise contains increasing cost and investment. Demands by customers are shifting to expecting customer experience and engagement that we must provide. The need for radical innovation changes the present position. We have built-in constraints.

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The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

To meet different challenges, to be highly adaptive it needs to begin to organize around ecosystems to deliver on a vision that recognizes it has to be part of a greater collaborating network to thrive in this highly connected world. It calls for bold management to instigate such a transformation. Either they adapt or die.

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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Radical & Disruptive Innovation On the flip side, radical and disruptive innovation challenges the status quo by introducing new concepts, products, or models that shift market dynamics. Radical innovation is about making significant leaps forward, often creating new industries or reshaping existing ones.

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The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

To meet different challenges, to be highly adaptive it needs to begin to organize around ecosystems to deliver on a vision that recognizes it has to be part of a greater collaborating network to thrive in this highly connected world. It calls for bold management to instigate such a transformation. Either they adapt or die.

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Innovation needs the power of completing the 4th Industrial Revolution

Paul Hobcraft

We have to recognize the days of simple product innovation are dwindling. where technology, digital solutions, greater customer insights, where a new breed of designers, engineers, scientists, and software talent are combining built through a platform and new innovation ecosystems thinking, are all emerging. coming from industry 4.0

Industry 289
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So Where Is Innovation Heading?

Paul Hobcraft

Innovation has gone from being islands of knowledge, developing new products and services exclusive to that one company, then quickly copied by the competitors, into something radically different. Traditional methods and approaches to innovation are completely breaking down, hence my total belief we are in the new era of innovation.

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Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

It is equally holding a new form of innovation back, one that is highly collaborative where partners come together to work on more complex problems. Collaborators can achieve solutions only by being “fully” connected up, comfortable with their data, understanding and contribution, both within their knowledge and insights.

Industry 213