The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

How and where does innovation fit will clearly depend on this transforming effect. We are fairly clear that incremental innovation is just not cutting through to give the types of growth expected. Adapting to collaborating never fully in control can be unnerving.

The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

How and where does innovation fit will clearly depend on this transforming effect. We are fairly clear that incremental innovation is just not cutting through to give the types of growth expected. A tantalizing prospect, full of innovation. Innovation ecosystems become essential.

Four Models of Intrapreneurship Innovation

Innovation Excellence

Research shows that growth fueled through organic innovation is more profitable than growth driven by acquisition, in part because the organizational capability required is vastly different.

Scaling Up Startups in Corporate Settings

Innovation Excellence

In recent years, an increasing intensity in collaboration between incumbent companies and startups has been observed. Meanwhile, close to 80% of corporations and startups have already been or are collaborating.

Startup Engagement in Corporate Innovation

Innovation Excellence

Little have released an interesting report, titled “The Age of Collaboration“ The study does a good job in synthesizing the global state of play of corporate-startup collaboration and latest findings on success requirements for its implementation.

Innovation Is Not Mad Science, It’s Good Science

Innovation 360 Group

One of the most common misconceptions about innovators is that they, like artists of popular imagination, reach their ideas through lightning-strike inspiration. We have isolated eight characteristics of radical innovators who can consistently deliver profitable and growth-driving projects.

Successful Innovators Apply Multiple Leadership Styles Simultaneously

Innovation 360 Group

While much has been written on choosing the most promising innovation project and helping it succeed in the market after implementation, one crucial step in the middle hasn’t received enough attention: how to actually get the job done and done well. Leadership styles are critical to innovation efforts, especially when working with uncertainty. Radical Innovators more adaptive. Horizon 1 refers to innovations around the core business and related investment areas.

Four Models of Intrapreneurship Innovation

Integrative Innovation

Research shows that growth fueled through organic innovation is more profitable than growth driven by acquisition, in part because the organizational capability required is vastly different.

Centralizing vs. Decentralizing Innovation

Integrative Innovation

In the light of increasing demand for ‘self-organization’ and ‘agile organizations’, there is a lot of discussion around centralizing vs. decentralizing ownership and decision-making – in particular when it comes to corporate innovation.

Scaling Up Startups in Corporate Settings

Integrative Innovation

In recent years, an increasing intensity in collaboration between incumbent companies and startups has been observed. Meanwhile, close to 80% of corporations and startups have already been or are collaborating.

Venturing Activities in Corporate Innovation: Types, Features and Success Factors

Integrative Innovation

Corporate Venturing , i.e. corporate engagement in external and internal ventures, plays an evermore critical role in fueling the innovation engine of larger companies. Most of those activities have a non-incremental innovation focus in nature, commonly targeted at.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts. Reinvention through business model innovation.

Innovation is About Getting Beyond the Idea

Integrative Innovation

When companies launch innovation initiatives, they typically allot almost all of their time and energy to that initial 1 percent—the thrilling hunt for the breakthrough idea. The real innovation challenge, however, lies beyond the idea.

Modern Dual Corporate Innovation Balances Defense with Offense

Integrative Innovation

Modern Dual Corporate Innovation Management approaches encompass two complementary directions of impact : Transforming the Core (by largely changing or even disrupting the existing operating model).

Are we playing snakes and ladders with innovation?

Paul Hobcraft

Originally from India the game is a simple race contest based on sheer luck and I am beginning to wonder if we are playing a new version of this with innovation? The game came to mind as I read through a recent survey on Innovation. Have you ever played snakes and ladders?

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Innovation and Organizational Culture

Integrative Innovation

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “ Most Innovative Companies 2014 ” survey. According to BCG’s research, successfully innovating companies approach innovation as a system. Adaptability and innovation culture.

Organizational Models for Breakthrough Innovation

Integrative Innovation

As we have suggested earlier, innovation activities that are radical or disruptive in nature, should be separated from incremental innovation around a company’s established core business.

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. Such a learning platform will also facilitate collaborative action and the new partnership between companies and governments.

Working Like a Startup is Not Equal to Working With a Startup

Innovation Excellence

Startup mentality is very powerful tool in developing more radical innovations serving hidden needs of the customer, there is also vast amount of added value in improving the perceived user value with incremental innovations for existing assets.

Trends in Innovation Leaders: Greater Risk and Big Bets

InnovationManagement

The latest Innovation Leaders research shows that there is an increasingly number of high-growth companies that are prepared to take greater risk and make big bets. Rather than focus just on incremental growth, they are being bolder and are seeking to develop more radical innovation opportunities. Despite requiring significant investment and offering no guarantee of success this approach has been transformational for some.

So Where Is Innovation Heading?

Paul Hobcraft

I have written a fair amount about the new innovation era, offering a view on its future design. One that is jumping to a fresh cycle of innovative design. To achieve this innovation has gone digital, pure and simple. So the need to innovate comes from digital as the source.

What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

Good innovation is notoriously hard to achieve. Others looking at the innovation progress keep demanding tangible evidence and quantifiable guarantees that the outcome provides clear returns. Much of the innovation discovery journey is a disappointing one.

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The Ten Types of Innovation

Destination Innovation

How many types of innovation are there? The simplest way to categorize innovation is into two forms – incremental and radical. Incremental innovation is an improvement in an existing thing (e.g. Radical innovation is finding an entirely new way of doing something.

The Many Types of Innovation

Destination Innovation

The simplest way to categorize innovation is into two types – incremental and radical. Incremental innovation is an improvement in an existing thing (e.g. Radical innovation is finding an entirely new way of doing something. Everything can be innovated.

Balancing Large and Small Firm Capabilities

Integrative Innovation

The corresponding integration of incremental and radical innovation can basically be achieved in different ways: Building ambidextrous and lean startup capabilities. Mastering disruptive innovation in a large company requires: – different people.

Innovation and Organizational Culture

Tim Kastelle

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “ Most Innovative Companies 2014 ” survey. According to BCG’s research, successfully innovating companies approach innovation as a system. Adaptability and innovation culture.

Evolution of Hyperloop: Propelling innovation the Elon Musk way

hackerearth

The aim was to understand how Musk makes these radical innovations possible and how exactly he propels innovation. The company has been formed completely by collaboration and crowdsourcing the collective knowledge of 600 engineers around the world through the JumpStart Inc.

HLL Hyreslandslaget AB Best-in-Class Service Innovation Across Europe

Innovation 360 Group

Magnus Penker presents Lisa Toresson of HLL with their Innovation IQ, the highest in Europe. She was responsible for hiring and onboarding new employees, an important role for a company focused on culture and innovation. Blog case study innovation stories InnovationIQ

A Structured Cultural Approach Managing Uncertainty

Innovation 360 Group

Defining innovation. Economist Joseph Schumpeter famously defined the term as, “Innovation is creative destruction where entrepreneurs combine existing elements in new ways.” Many people view innovation as spontaneous, unorganized and unpredictable. Why do we innovate?

Moving towards a new innovation service model

Paul Hobcraft

The realization that innovation goes way beyond product innovation is a massive hurdle for many of our existing organizations to overcome, certainly in what they are offering today as solutions. The radical changes we see occurring all around us requires radical responses.

Business Model Innovation: Creating Pathways to Relevance

The Future Shapers

The innovation conversation is happening every day , no matter your industry, function or location. Unfortunately, the discussion can quickly turn into a haze of white noise and fuzziness as emphasis on theoretical definitions, frameworks, types of innovations and other aspects of enablement leave people puzzled and dazed, as opposed to motivated and ready to make a difference. But, should one start with incremental innovation or is radical innovation the way to go?

Exploring. That’s what Intrapreneurs do

The Future Shapers

The good news is those digital technologies, with their tremendous innovation power and exponential pace of change, open up huge opportunities for any business to reinvent itself. In this context, there is a need for radical business innovation.

Solving the 10 Most Common Innovation Challenges

Game-Changer

The importance of innovation is increasing each year. Some companies are establishing their internal and external innovation teams, focusing more on developing a culture of innovation. Innovation isn’t easy. Consensus kills innovation.

The Pressing Need to Link Risk into an Innovation Strategy- part one

Paul Hobcraft

I want to bring together some thoughts on risk and innovation. Risk assessment within our innovation activities need a different, far more distinct framing that reflects the nature of the unknowns we are working with, in my opinion.

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. Blockbusters seem a thing of the past but perhaps they don’t need to be with a very different innovative approach.

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