Paul Hobcraft

OCTOBER 3, 2016

We need to transform, be disrupted or certainly re-imagine and this is where knowing your ecosystem comes in. Our existing organization needs to envisage a changing world full of disruption that calls for radical change. Technology offers them the transforming means but can they, as leaders, take their people with them?

Collaboration 273

Collaboration Technical Review Disruption Innovation 273

The BMI Lab Blog

AUGUST 3, 2017

Should I choose an incremental innovation path? Or should I rather look for a radical, or disruptive, approach? Incremental innovation This is a common approach in many established companies, which focus on creating new products and services, with several goals: To grow sales and profits for existing products and services.

Radical Innovation 60

Radical Innovation Innovation Marketing Disruption 60

Paul Hobcraft

SEPTEMBER 2, 2018

To do this, technology adoption and diffusion across the ecosystem needs to improve dramatically. There also continues today that industry disruption is increasing, by those spotting both opportunity and weakness in present market players. We are facing greater disruption and an increasing innovation pace.

Industry 213

Industry Technical Review Design Innovation 213

Cris Beswick

APRIL 16, 2024

The first step… Re-valuing innovation Innovation is about more than groundbreaking technological leaps or introducing a never-before-seen product. Leaders who champion innovation understand its role in driving competitive advantage, increasing market share, and, often, creating entirely new markets.

Innovation 59

Innovation Culture Creativity Disruption 59

Paul Hobcraft

OCTOBER 1, 2018

When they are constantly scanning reports on the “state of innovation” it can often lull them, to give some that warm glow, others quickly being dismissive, disregarding many of the key messages as “not applicable to me”. Then disruption suddenly hits. Customers and employees are driving innovation.

Report 212

Report Innovation Survey Disruption 212

mjvinnovation

NOVEMBER 12, 2020

An improvement of the existing offer, usually made possible by new technologies; ? Incremental innovation: additional development and/or optimization of existing products, services, or models. Radical innovation: implementing completely new ideas into products, services, or business models.

Company 40

Company Innovation Radical Innovation Competition 40

Tim Kastelle

APRIL 30, 2016

Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. 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. Source: Accenture.

Disruption 100

Disruption Innovation Survey Study 100

Innovation 360 Group

MAY 21, 2020

PESTLED is short for the Political, Economic, Social, Technological, Legal, Environmental, and Demographic factors affecting you and defining your environment. Innovation 360 has used this framework in many assignments. This could for instance be future competitors or collaborators and the force could be competition from new entrants.

Radical Innovation 69

Radical Innovation Artificial Inteligence Data Analysis 69

Paul Hobcraft

DECEMBER 22, 2021

Yet, it is how flexible its design and function can allow a more prosperous environment to draw in, work through and evolve into final proposals that can make a huge (competitive) difference. Often you see or hear the lingering fears of wanting more radical innovation but the worries of the upheaval this brings.

Design 130

Design Creativity Agile Resources 130

Innovation 360 Group

MAY 21, 2020

PESTLED is short for the Political, Economic, Social, Technological, Legal, Environmental, and Demographic factors affecting you and defining your environment. Innovation 360 has used this framework in many assignments and has often seen it misused as a framework for assessing a specific market or even the organization itself.

Radical Innovation 52

Radical Innovation Artificial Inteligence Data Industry 52

Paul Hobcraft

AUGUST 11, 2015

We all feel the need for speed as the pace of innovation quickens, as we face shortening life cycles, greater competition and growing market pressure. This was rightly suggesting that the real sources of value creation and competitive advantage in the digital economy lie in fluid and constantly evolving the intangibles.

Innovation 100

Innovation Competition Disruption Collaboration 100

Idea to Value

JULY 21, 2017

Suggested viewing: 12 – Disruptive Innovation. What it is: One of the most important theories of innovation, but one which is usually completely misunderstood. Over time and iteration, this new technology will begin improving to handle more demanding uses. It has no predictive power.

Company 248

Company Underperforming Technical Team Brainstorming Design Thinking 248

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. Co-innovation isn’t a new concept.

Open Innovation 68

Open Innovation Survey Collaboration Innovation 68

etventure

OCTOBER 26, 2016

So, the industry simply carried on with business as usual – putting innovation on the back burner. Disruption Defined. What is the essence of disruption? Our definition – “when an innovator finds a way to deliver the product or service you offer in a radically better way than you do.”. The Threat.

Disruption 67

Disruption Industry Radical Innovation Engagement 67

Innovation 360 Group

NOVEMBER 4, 2018

Disruption is the new normal in the global, mobile, digital world. Masterful innovators aren’t just throwing stuff at the wall to see what will stick (although there is a time and place for this kind of experimentation), they are structured, methodical and systematic in organizing their innovation projects. What do we innovate?

Culture 83

Culture Management Project Leadership 83

Integrative Innovation

SEPTEMBER 6, 2018

The Innovation Lab methods are also suitable for process innovations , for example in secondary processes such as Human Resources or Finance & Controlling, since technologies such as Artificial Intelligence or Human Machine Interaction per Voice also have an influence here.

Trends 58

Trends Technical Review Innovation Disruption 58

Innovation 360 Group

SEPTEMBER 22, 2019

Companies disappear all the time without a word, due to changing cultural values, changing technology, or changing audience demographics. When disruption came for the taxi industry, the music industry, the retail industry, and others, there were usually four flashing lights that just about anyone could see.

Technical Review 40

Technical Review Disruption Industry Technology 40

Paul Hobcraft

MAY 18, 2016

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.

Underperforming Technical Team 124

Underperforming Technical Team Innovation Strategy Strategy 124

Paul Hobcraft

MAY 18, 2016

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.

Underperforming Technical Team 124

Underperforming Technical Team Innovation Strategy Strategy 124

Integrative Innovation

APRIL 7, 2016

Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. 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. Source: Accenture.

Disruption 40

Disruption Innovation Survey Study 40

Integrative Innovation

JUNE 15, 2017

Is it geared towards nurturing companywide cultural change, reshaping a particular business division or exploring cross-company, occasionally even disruptive, opportunities. Enabler programs can support efforts to enhance a company’s culture. Each of the models requires different forms of leadership, processes and skill sets.

Entrepreneurship 92

Entrepreneurship Innovation Culture Disruption 92

Qmarkets

APRIL 14, 2022

Innovation can happen quickly, (known as radical innovation), or it can take place over time, (incremental innovation). Innovation requires creative thinking, imagination, and risk-taking. The three main types of innovation are product innovation, process innovation, and business model innovation.

Underperforming Technical Team 52

Underperforming Technical Team LEAN Technical Review Innovation 52

Innovation 360 Group

JUNE 19, 2018

Innovators following the Need Seeker strategy will be most interested in narrowing the spotlight on customers, partners, and clients to offer superior value to the market. In contrast, strategies based on Technology Drivers investigate problems, many of them unarticulated, and explore how the latest developments are reshaping various sectors.

Underperforming Technical Team 40

Underperforming Technical Team Radical Innovation Technical Review Software Review 40

Innovation 360

JUNE 20, 2018

Innovators following the Need Seeker strategy will be most interested in narrowing the spotlight on customers, partners, and clients to offer superior value to the market. In contrast, strategies based on Technology Drivers investigate problems, many of them unarticulated, and explore how the latest developments are reshaping various sectors.

Underperforming Technical Team 40

Underperforming Technical Team Radical Innovation Technical Review Software Review 40

Integrative Innovation

JANUARY 27, 2016

Reinvention through business model innovation. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the pervasion of new technologies, lead to decreasing life times of existing business models. For one, attached ecosystems are mostly cross-industry. Cases in point: Lego and Burberry.

Underperforming Technical Team 40

Underperforming Technical Team Big Data Innovation Technical Review 40

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. And as the saying goes, “disrupt or get disrupted.”. Which brings us to the question, “Why do innovation programs fail?”. Product expert.

Innovation Programs 40

Innovation Programs Underperforming Technical Team Innovation Ideation 40

Integrative Innovation

OCTOBER 23, 2014

The distinct BMI styles are spanned by two criteria: Impetus : Is the company defending against an external threat, such as commoditization, new regulation, or an economic downturn – or is it proactively disrupting the status quo? According to BCG, each of these four approaches comprises a dedicated set of moves.

Innovation 78

Innovation Disruption Marketing Project 78

Innovation 360 Group

OCTOBER 29, 2017

The uber-quoted and widely disseminated statement by Peter Drucker that “Culture eats strategy for breakfast,” which, by the way, was never said by Drucker , clearly shows how a culture of opportunism and common wisdom create simplified truth hindering the success of innovation management. Next Level of AI-Driven Innovation Management.

Culture 63

Culture Strategy Strategy Underperforming Technical Team 63

hackerearth

MAY 12, 2017

Even though the Mac business was picking up, it was only in 2001, with the release of the iPOD (now retired) disrupting the digital music market, did Apple start soaring. braving new markets such as China, continuing to be a model of sustaining innovation. Disruption just wasn’t working for the Billund-based company.

Innovation 40

Innovation Disruption Marketing Underperforming Technical Team 40

Innovation 360

OCTOBER 29, 2017

The uber-quoted and widely disseminated statement by Peter Drucker that “Culture eats strategy for breakfast,” which, by the way, was never said by Drucker , clearly shows how a culture of opportunism and common wisdom create simplified truth hindering the success of innovation management. Next Level of AI-Driven Innovation Management.

Innovation 40

Innovation Underperforming Technical Team Culture Leadership 40

hackerearth

OCTOBER 16, 2017

Once a well-defined innovation strategy that aligns with business goals is in place, the next step will entail managing it effectively. Like any business function, innovation can be managed. Innovation Management is about more than just planning new products, services, brand extensions, or technology inventions.

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

hackerearth

OCTOBER 16, 2017

Once a well-defined innovation strategy that aligns with business goals is in place, the next step will entail managing it effectively. Like any business function, innovation can be managed. Innovation Management is about more than just planning new products, services, brand extensions, or technology inventions.

Innovation Management 40

Innovation Management Technical Review Management Software Review 40