Innovation 360 Group

MAY 21, 2020

This could for instance be future competitors or collaborators and the force could be competition from new entrants. The Innovation Strategic Initiatives are the hunting ground for new innovation, which typically is what we call radical innovation.

Radical Innovation 52

Radical Innovation Artificial Inteligence Data Industry 52

Tim Kastelle

MARCH 7, 2016

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.

Innovation Management 100

Innovation Management Management LEAN Technical Review 100

Innovation 360 Group

JANUARY 28, 2020

How to start thinking like a business anthropologist and understanding your customer in a scientific way. Kodak’s competition was not just other camera and printer companies, but entirely new innovations like social media. In the coming 8 exercises, we are going to train how to become a better business anthropologist.

Software Review 40

Software Review Exercises Technical Review Radical Innovation 40

Cris Beswick

APRIL 16, 2024

Leaders who champion innovation understand its role in driving competitive advantage, increasing market share, and, often, creating entirely new markets. The ultimate manifestation of this is to figure out how to disrupt yourself inside the safety of an innovation process before a competitor (existing or new) does it for you.

Innovation 59

Innovation Culture Creativity Disruption 59

Jeffrey Phillips

SEPTEMBER 11, 2017

Even if we can speed up innovation activities (we've run innovation programs from problem definition to fully developed prototypes in under a week) you've still got to go through the product development and launch cycle. Another approach is to use innovation to ferret out efficiency gaps.

Creativity 161

Creativity Innovation Disruption Product Development 161

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.

Disruption 100

Disruption Innovation Survey Study 100

Innovation 360 Group

JUNE 25, 2020

Freeing resources from non-productive busy work opens you up for more radical innovation, which is often put on the back burner when an organization is overloaded. Incremental projects can often be valued based on knowledge and experience, while radical projects suffer from being executed toward the unknown. Is it worth doing?”

Project 52

Project Resources Radical Innovation Innovation 52

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

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. You must learn how to contain and channel failed experiments to end up with valuable learnings.

Resources 40

Resources Radical Innovation Software Industry 40

Innovation 360 Group

FEBRUARY 20, 2020

Ultimately, the market evolved to support a declining price based on competitive price pressures, and that is good for everyone. Much like our discussion above regarding competitors, companies who take advantage of the “network” of customers can sometimes harvest significant competitive advantage.

Innovation 52

Innovation Roadmap Marketing Competition 52

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.

Disruption 40

Disruption Innovation Survey Study 40

Innovation 360 Group

OCTOBER 10, 2019

Not only for your innovation lab but for your company as a whole. By understanding possible pitfalls for your innovation efforts and how to create capabilities and processes to support it, you have a better chance of innovation success. Lack of Alignment with the business -> Adressed by A coherent innovation strategy.

Innovation 40

Innovation Innovation Processes Examples Strategy 40

Integrative Innovation

OCTOBER 23, 2014

Instead, they figure out how to control and benefit from it – rather than letting rivals set the terms and the pace. This requires an ability to continually evolve the competitive edge or advantage of the business to drive growth. Reinventors do not deny the decline of the core business.

Innovation 78

Innovation Disruption Marketing Project 78

Integrative Innovation

JANUARY 27, 2016

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.

Underperforming Technical Team 40

Underperforming Technical Team Big Data Innovation Technical Review 40

hackerearth

OCTOBER 16, 2017

Innovation can be incremental, radical, architectural, modular, etc. In incremental innovation, a company improves or upgrades existing product, process, or service. In radical innovation, a company replaces its existing business model with an entirely new one. In sustaining innovations, incumbents win.

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

hackerearth

OCTOBER 16, 2017

Innovation can be incremental, radical, architectural, modular, etc. In incremental innovation, a company improves or upgrades existing product, process, or service. In radical innovation, a company replaces its existing business model with an entirely new one. In sustaining innovations, incumbents win.

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

Innovation 360 Group

NOVEMBER 16, 2019

Unlike chess, in a real battle you have no idea what capabilities the enemy has until you do a great deal of competitive intelligence. That might sound like common sense, yet countless businesses enter the competitive arena every year without even trying to inventory their own capabilities let alone what they are up against.

Radical Innovation 40

Radical Innovation Competition Course Agile 40

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). The end goal is an innovation system compatible with the emerging ISO standard and tested all over the world in real cases.

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). The end goal is an innovation system compatible with the emerging ISO standard and tested all over the world in real cases.

Underperforming Technical Team 40

Underperforming Technical Team Radical Innovation Technical Review Software Review 40

Idea to Value

JULY 21, 2017

Every company says that innovation is important, and that they value the ideas of their people. Yet the problem lies in the fact that so few established companies actually know how to go about getting value out of their innovation ambitions, let alone turning it into profit. Suggested viewing: 12 – Disruptive Innovation.

Company 248

Company Underperforming Technical Team Brainstorming Design Thinking 248

Paul Hobcraft

JULY 18, 2016

The optimism, staying ready to adapt, be flexible but also the underlying ‘steel’ to be assertive, creative and determined to push something through, to overcome the many barriers and resistance that comes with exploring more radical innovation. In summary.

Agile 100

Agile Disruption Culture Change 100

Paul Hobcraft

JULY 18, 2016

The optimism, staying ready to adapt, be flexible but also the underlying ‘steel’ to be assertive, creative and determined to push something through, to overcome the many barriers and resistance that comes with exploring more radical innovation. In summary.

Agile 100

Agile Disruption Culture Change 100

hackerearth

NOVEMBER 10, 2017

One can focus on tapping innovation internally, another can capitalize on external innovation through accelerators, incubators, acquisitions, etc. Or one can focus on incremental innovation, another program strives for breakthrough and radical innovations. Collaboration is the new competitive advantage.

Innovation Programs 40

Innovation Programs Underperforming Technical Team Innovation Ideation 40