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Choosing your direction of travel

Paul Hobcraft

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.

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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. Adapting to collaborating never fully in control can be unnerving. Either they adapt or die.

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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. A tantalizing prospect, full of innovation. Either they adapt or die.

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The Ten Types of Innovation

Destination Innovation

Incremental innovation is an improvement in an existing thing (e.g. Radical innovation is finding an entirely new way of doing something. For example if you had been making spectacles in the 1950s then plastic lenses instead of glass lenses would have been an incremental innovation. product, process or service).

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Building Capacity for Breakthrough Innovation

Innov8rs

This distinction is crucial because the management systems, support structures, and resources required to nurture breakthrough innovations differ significantly from those needed for more incremental changes. Organizations must develop a capability for breakthrough innovation that goes beyond traditional R&D functions.

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The Many Types of Innovation

Destination Innovation

Incremental innovation is an improvement in an existing thing (e.g. Radical innovation is finding an entirely new way of doing something. For example if you had been making spectacles in the 1950s then plastic lenses instead of glass lenses would have been an incremental innovation. product, process or service).

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Evolution of Hyperloop: Propelling innovation the Elon Musk way

hackerearth

Travel anywhere on earth in a rocket under an hour.” The aim was to understand how Musk makes these radical innovations possible and how exactly he propels innovation. Less than 10% of all innovation falls under this category. Instead, he chose to crowdsource and collaborate to create a movement.