Remove Competition Remove Government Remove Leadership Remove Radical Innovation
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Uncharted Waters Disrupting the Corporate Boardrooms

Paul Hobcraft

They can’t seemingly handle radical innovation and there is even more of an imperative to learn. Radical innovation is defined here as: The report dug into the boards’ appetite for growth; how high is the bar? It examined the role of innovation in company strategy and its strategic importance on the board’s agenda.

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I keep arguing we all need to seek out innovation alignment

Paul Hobcraft

If an organisation lacks top leadership engagement it becomes, for many, the reason why they seem to just simply ‘limp’ along in their innovation activity, delivering ‘simply’ incremental outcomes. Top leadership in organisations need to shape innovation and be more involved in its strategic design.

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Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

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. Evidence points to two areas in particular – capabilities surrounding radical innovation and the breadth of innovation culture.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

This requires companies to proactively or reactively innovate their business models in order to remain competitive. Recent research has confirmed successfully disrupting as well as outperforming companies to be significantly more engaged in business model innovation. Cases in point: Lego and Burberry.

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The Case for Dual Innovation

Tim Kastelle

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.

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Developing a new framework for risk and innovation.

Paul Hobcraft

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.

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Developing a new framework for risk and innovation.

Paul Hobcraft

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.