The BMI Lab Blog

AUGUST 3, 2017

There are two complementary approaches to innovation: incremental vs radical. When setting up an innovation strategy, there are many decisions to take. Should I choose an incremental innovation path? Or should I rather look for a radical, or disruptive, approach?

Radical Innovation 60

Radical Innovation Innovation Marketing Disruption 60

Paul Hobcraft

JUNE 20, 2016

All too often strategy is not influencing the behaviours and outcomes around innovation, it is simply allowing them to be left to chance. Innovation is being ‘pushed down’ the organisation for others to interpret and offer their answers. We need to resolve this innovation leadership gap of misunderstanding.

Underperforming Technical Team 113

Underperforming Technical Team Leadership Innovation Strategy 113

Tim Kastelle

MARCH 7, 2016

Another example is the recently introduced strategy framework by Martin Reeves, Knut Haanæs, and Janmejaya Sinha from BCG. Here, dedicated strategies and innovation approaches are defined for different business environments, characterized by the factors predictability, malleability and harshness (see figure below).

Innovation Management 100

Innovation Management Management LEAN Technical Review 100

Paul Hobcraft

AUGUST 11, 2015

I have already started to lay out a case for significant change in my first post “ Shifting Radically the Innovation Business Model ” suggesting the innovation consultant has to redesign their role, position and service offering, to stay relevant within any management of innovation.

Innovation 100

Innovation Competition Disruption Collaboration 100

Paul Hobcraft

OCTOBER 1, 2018

The survey exposes the myth that innovation is not one of the three top challenges, innovation ranks fifth as it follows the more conventional concerns of managing talent as the top (and that did surprise me) and regulatory and competitive threats. Now that is very disappointing but what do we expect from innovation?

Report 212

Report Innovation Survey Disruption 212

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. Source: Detecon.

Disruption 100

Disruption Innovation Survey Study 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. Benefits of co-innovation. Source: Hitachi.

Open Innovation 68

Open Innovation Survey Collaboration Innovation 68

Gregg Fraley

AUGUST 1, 2018

Discover Ideas for Long Term and Tactical Innovation Projects. Chicago, IL, August 1, 2018 — The MoshPit Innovation Service is an innovation project discovery service marketed by GFi (Gregg Fraley Innovation). The MoshPit system seeks to find combinations of concepts that lead to innovation.

Technology 50

Technology Internet of things Ideation Artificial Inteligence 50

Innovation 360 Group

JUNE 17, 2019

There are four flashing warning lights that indicate faster, more flexible competitors are about to reshape the competitive landscape: 1. When you are operating in highly regulated markets, like the taxi industry, hotels, or healthcare. 2. A few key players have consolidated all the power.

Resources 40

Resources Radical Innovation Software Industry 40

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. Source: Detecon.

Disruption 40

Disruption Innovation Survey Study 40

hackerearth

MAY 12, 2017

Huge layoffs and millions of dollars in losses drove the company to adopt a business strategy that focused on capabilities. Apple’s breakthrough innovations laid the base for upgrades, which are routine innovations, raking in billions. braving new markets such as China, continuing to be a model of sustaining innovation.

Innovation 40

Innovation Disruption Marketing Underperforming Technical Team 40

hackerearth

OCTOBER 16, 2017

Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.”

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

hackerearth

OCTOBER 16, 2017

Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.”

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

Integrative Innovation

JANUARY 27, 2016

Another example is the recently introduced strategy framework by Martin Reeves, Knut Haanæs, and Janmejaya Sinha from BCG. Here, dedicated strategies and innovation approaches are defined for different business environments, characterized by the factors predictability, malleability and harshness (see figure below).

Underperforming Technical Team 40

Underperforming Technical Team Big Data Innovation Technical Review 40

Integrative Innovation

APRIL 4, 2017

With more and more established companies facing disruptive threats and opportunities, deliberate process and operating model innovation proves to be a major source of competitive advantage. Creating the New (by largely changing or even disrupting the existing business model).

Disruption 53

Disruption Agile Innovation Collaboration 53

Idea to Value

JULY 21, 2017

At its core, the framework is a collection of strategies and tools for finding inventive solutions to difficult problems. Incorporating feedback from multiple parties throughout the design and development process. 5 – Design Thinking. Allocating small initial budgets to get to the next stage in a lifecycle early on (e.g.

Company 248

Company Underperforming Technical Team Brainstorming Design Thinking 248

Innovation 360 Group

JUNE 19, 2018

These systems can deploy massive resources with precision, yet have the flexibility to keep innovations alive in hostile market environments defined by UPACS (Uncertainty, Paradoxes, Ambiguity, Complexity, and Speed). We will outline which structures which will be required by your unique innovation footprint. Success by Design.

Underperforming Technical Team 40

Underperforming Technical Team Radical Innovation Technical Review Software Review 40

Innovation 360

JUNE 20, 2018

These systems can deploy massive resources with precision, yet have the flexibility to keep innovations alive in hostile market environments defined by UPACS (Uncertainty, Paradoxes, Ambiguity, Complexity, and Speed). We will outline which structures which will be required by your unique innovation footprint. Success by Design.

Underperforming Technical Team 40

Underperforming Technical Team Radical Innovation Technical Review 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

Paul Hobcraft

JULY 18, 2016

Each design perhaps is unique to fit individual circumstances. It needs to become a solid part of the strategy for innovation otherwise it is quickly seen as ‘just another experiment.’ To ensure the team has degrees of freedom to create, design and innovate. There is no single way to do intrapreneurship.

Agile 100

Agile Disruption Culture Change 100

Paul Hobcraft

JULY 18, 2016

Each design perhaps is unique to fit individual circumstances. It needs to become a solid part of the strategy for innovation otherwise it is quickly seen as ‘just another experiment.’ To ensure the team has degrees of freedom to create, design and innovate. There is no single way to do intrapreneurship.

Agile 100

Agile Disruption Culture Change 100

Innovation 360 Group

AUGUST 25, 2019

While they don’t have the same resources as large corporations, SMEs can potentially be quite innovative. Companies—and successful innovations—do not exist in isolation, but in an interlinked network of businesses, partners, clients and customers, embedded in an intricately connected world. million Swedish crowns.

Case Study 51

Case Study Underperforming Technical Team Project Study 51

hackerearth

NOVEMBER 10, 2017

It is the failure to innovate that led to its “demise.”. In other words, it is because sometimes innovation strategies fail to produce products/ services that the customers want. Which brings us to the question, “Why do innovation programs fail?”. Collaboration is the new competitive advantage.

Innovation Programs 40

Innovation Programs Underperforming Technical Team Innovation Ideation 40

Integrative Innovation

SEPTEMBER 6, 2018

However, giving a program access to a multitude of potential customers and partners can be a key competitive advantage. The already proven concept of the software giants SAP and Microsoft , to expand their own range of solutions with innovative start-up companies, should also be transferred to other industries more aggressively.

Trends 58

Trends Technical Review Innovation Disruption 58