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 have to recognize the days of simple product innovation are dwindling.

Industry 213

Industry Technical Review Design Innovation 213

The BMI Lab Blog

AUGUST 3, 2017

This approach is very popular because it reduces the risk that radical innovation usually takes. Moreover, companies with great human capital, resources, and capital find that is much easy for them to follow this innovation path, which brings clear advantages, such as: Helps companies remain competitive.

Radical Innovation 60

Radical Innovation Innovation Marketing Disruption 60

Qmarkets

OCTOBER 21, 2021

Innovation — a necessary component of any successful business in the modern world. Without it, our companies would fail to grow and evolve with the ever-changing markets that we are serving. Instead, adopting the discipline to innovate consistently may be just what your company needs to thrive. This is innovation.

Strategy 98

Strategy Strategy Idea Generation Comparison 98

Qmarkets

OCTOBER 21, 2021

Innovation — a necessary component of any successful business in the modern world. Without it, our companies would fail to grow and evolve with the ever-changing markets that we are serving. Instead, adopting the discipline to innovate consistently may be just what your company needs to thrive. This is innovation.

Strategy 98

Strategy Strategy Idea Generation Comparison 98

Paul Hobcraft

DECEMBER 22, 2021

This not just comes from the research and development lab but far more to listening and observing customers, the market shifts and trends, to having customer conversations, gaining insights into potential gaps or opportunities in the marketplace or through those that have this market-facing role inside the organization.

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. Often it is misused as a framework for assessing a specific market or even an organization itself.

Radical Innovation 69

Radical Innovation Artificial Inteligence Data Analysis 69

Paul Hobcraft

OCTOBER 3, 2016

We are fairly clear that incremental innovation is just not cutting through to give the types of growth expected. There are many outside our existing organizations, standing impatiently at the gates, waiting to come in and take over with market breaking concepts through different business models. Either they adapt or die.

Collaboration 273

Collaboration Disruption Innovation Technical Review 273

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

mjvinnovation

NOVEMBER 12, 2020

For many companies, innovation means taking products and services and changing them in detail: color, shape, features, size, etc. However, this form of incremental innovation alone does not work anymore in many markets. In summary, innovation is always a big challenge – it needs to be understood, first, and foremost.

Company 40

Company Innovation Radical Innovation Competition 40

Innovation 360 Group

JUNE 9, 2020

Innovative ideas are purchased externally and often not well integrated. Difficulties with speed to market. It drives innovation to a transactional level and leads organizations to seek the perceived lower risk of acquiring new ideas vs developing them in house. The importance of radical innovation.

Industry 40

Industry Radical Innovation Underperforming Technical Team Technical Review 40

Tim Kastelle

MARCH 7, 2016

Accelerating dynamics and pace of disruption in most industries, in particular triggered by the perfusion of new technologies, lead to decreasing life times of existing business models. This requires companies to proactively or reactively innovate their business models in order to remain competitive.

Innovation Management 100

Innovation Management Management LEAN Technical Review 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 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

OCTOBER 3, 2016

We are fairly clear that incremental innovation is just not cutting through to give the types of growth expected. There are many outside our existing organizations, standing impatiently at the gates, waiting to come in and take over with market breaking concepts through different business models. Either they adapt or die.

Collaboration 273

Collaboration Technical Review Disruption Innovation 273

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.

Open Innovation 68

Open Innovation Survey Collaboration Innovation 68

Innovation 360 Group

JANUARY 28, 2020

Innovation is essential as a strategy for risk management, but it’s more than that. True innovation satisfies actual needs, not what consumers say that they need. True innovation brings more consumers into the market and grows the pie so that everyone can enjoy more.

Software Review 40

Software Review Exercises Technical Review Radical Innovation 40

Paul Hobcraft

OCTOBER 1, 2018

I mean anyway “we really don’t believe in innovation, it all is full of risk, uncertainty and those unknowns and that is the last place to go when you are fighting in a different set of market conditions, isn’t it?”. So where does innovation sit within your organization? Two reports recently came out.

Report 212

Report Innovation Survey Disruption 212

Paul Hobcraft

AUGUST 11, 2015

There is a very strong case we need to rethink the whole management of our innovation activity, as innovation is failing to deliver on its potential promise in the current ways we are attempting to undertake it, highly constrained and under-resourced. I would suggest on the very way we manage innovation.

Innovation 100

Innovation Competition Disruption Collaboration 100

Paul Hobcraft

MAY 17, 2016

Only after senior management created explicit targets for different types of innovations—and allocated a specific percentage of resources to radical innovation projects—did the firm begin to make progress in developing new offerings that supported its long-term strategy.

Strategy 124

Strategy Strategy Innovation Resources 124

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

Paul Hobcraft

SEPTEMBER 27, 2017

They are not yet at the point of being digitally effective to turn what they have into real competitive advantage as they lack the capabilities in big data analysis and those algorithms that reveal ground-breaking innovations, Are they hanging on in the belief they will become digitally transformed eventually or just deluding themselves?

Collaboration 138

Collaboration Artificial Inteligence Technical Review Industry 138

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

SEPTEMBER 22, 2019

Companies disappear all the time without a word, due to changing cultural values, changing technology, or changing audience demographics. One , these companies operated in highly regulated markets. A series of expensive liability suits were a proximate cause, but the new competitors used technology to pry open a crack in the system.

Technical Review 40

Technical Review Disruption Industry Technology 40

Innovation 360 Group

OCTOBER 29, 2017

Innovations are infinite, even within a finite market. However, not all innovations start with the same chance at a fully productive lifecycle. Culture is the key to any successful organization but by itself is not enough to stay on top in a hyper-competitive world. Next Level of AI-Driven Innovation Management.

Culture 63

Culture Strategy Strategy Underperforming Technical Team 63

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

etventure

OCTOBER 26, 2016

Instead, radical innovation is occurring across all industries – even within “old economy” sectors such as manufacturing. So, traditional businesses operating in our innovative marketplace have reached a critical infection point. In the last decade, the art of innovation has become a science. The net result?

Disruption 67

Disruption Industry Radical Innovation Engagement 67

Innovation 360

OCTOBER 29, 2017

Innovations are infinite, even within a finite market. However, not all innovations start with the same chance at a fully productive lifecycle. Culture is the key to any successful organization but by itself is not enough to stay on top in a hyper-competitive world. Next Level of AI-Driven Innovation Management.

Innovation 40

Innovation Underperforming Technical Team Culture Leadership 40

Integrative Innovation

OCTOBER 23, 2014

Focus : What is the most attractive area of opportunity – does it reside in the core business or in adjacent businesses or market? Adapters explore adjacent businesses or markets, in some cases exiting their core business entirely. Expanding into new markets inevitably requires operating in unknown areas and experimenting.

Innovation 78

Innovation Disruption Marketing Project 78

hackerearth

MAY 12, 2017

It was close to bankruptcy in the late 1990s with rivals BM, Dell and HP eating up the market. The company had a paltry 4 percent market share and losses of over $1 billion. Market expansion was what Apple needed, not a sizable chunk of the PC market. Mac’s unique features were shadowed by the premium price.

Innovation 40

Innovation Disruption Marketing Underperforming Technical Team 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.

Disruption 40

Disruption Innovation Survey Study 40

Integrative Innovation

JUNE 15, 2017

Lippitz the term is defined as the process by which teams within an established company conceive, foster, launch and manage a new business that is distinct from the parent company but leverages the parent’s assets, market position, capabilities or other resources.

Entrepreneurship 92

Entrepreneurship Innovation Culture Disruption 92

hackerearth

OCTOBER 16, 2017

An innovation process “connects upstream idea valuation to downstream production and release to market.” 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. Increases market success.

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

hackerearth

OCTOBER 16, 2017

An innovation process “connects upstream idea valuation to downstream production and release to market.” 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. Increases market success.

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

Integrative Innovation

JANUARY 27, 2016

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. This requires companies to proactively or reactively innovate their business models in order to remain competitive.

Underperforming Technical Team 40

Underperforming Technical Team Big Data Innovation Technical Review 40

Wazoku

NOVEMBER 21, 2017

It’s perhaps safe to say, therefore, that they’ve mastered the art of innovating to derive a competitive advantage. If you can embody the spirit of innovation in one man, it’s perhaps that of Thomas Edison. That’s where differentiated innovation comes into its own.

Culture of Innovation 40

Culture of Innovation Competition Culture Radical Innovation 40

Idea to Value

JULY 21, 2017

When should it be used: Any organisation that wants to enable their staff who have an idea to “try it out” or do an initial market experiment. Put simply, it theorises that small companies can disrupt the market of large companies by releasing a new version of an offering which appeals more to a subset of the customers.

Company 248

Company Underperforming Technical Team Brainstorming Design Thinking 248

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