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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. It will fundamentally change the type of resources innovation requires.

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What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

Then we have that often-delusional aspect; where the organization has this total belief they are well ahead of their competitors and simply point to their financial performance as the justification that their innovation is superior when it is so many other factors that have determined that. Two reports recently came out.

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Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

In a recent report, jointly from the World Economic Forum and McKinsey called the “ The Fourth Industrial Revolution and the factories of the future ” t hey made a number of observations. According to a recent Deloitte report: Most manufacturing lines still look a lot the same way they did 10, 20 or even 30 years ago.

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Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

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. Those that follow this model often collaborate with FinTechs and start-ups through various means: innovation fairs, competitions, and small seed investments, to identify prospects.

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The core principles of Leading FOR Innovation

Cris Beswick

The three horizons Multi-horizon thinking requires leaders to extend their strategic vision beyond the usual quarterly reports and look towards the future across three essential timelines or ‘horizons’: short-term (1-2 years), mid-term (3-5 years), and long-term (5-10 years).

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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. Recently, Match-Maker Ventures and Arthur D.

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Co-innovation: the concept, its benefits, and why you need to embrace it

hackerearth

Traditionally, many organizations used their own knowledge monopoly to innovate and deliver dominant technologies and products to the market. However, businesses soon understood that innovation cannot take place in a vacuum and it requires different points of view, diverse skill sets, and collaboration. What is co-innovation?