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Uncharted Waters Disrupting the Corporate Boardrooms

Paul Hobcraft

When you read a report that has within its executive summary this: “ In combination the boards stand unarmed to enter the battlefield of future business creation in a disrupted world ” it makes you want to read on. This is a more than timely report in my view. Is radical innovation a bulleted point at board meetings?

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Treat Your Innovation Pipeline just like your Sales Pipeline

Destination Innovation

Each sales person has to gather data and input their reports and forecasts. Who is the competition? What will this innovation compete with? Can we crack the technology? This is reasonably straightforward for incremental innovations but particularly hard for radical innovations. Do they have a budget?

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What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

Then we have that often-delusional aspect; where the organization has this total belief they are well ahead of their competitors and simply point to their financial performance as the justification that their innovation is superior when it is so many other factors that have determined that. Two reports recently came out.

Report 212
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Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

To do this, technology adoption and diffusion across the ecosystem needs to improve dramatically. In a recent report, jointly from the World Economic Forum and McKinsey called the “ The Fourth Industrial Revolution and the factories of the future ” t hey made a number of observations.

Industry 213
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The core principles of Leading FOR Innovation

Cris Beswick

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.

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What is innovation, and how can it benefit your company?

mjvinnovation

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
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Co-innovation: the concept, its benefits, and why you need to embrace it

hackerearth

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.