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Recognizing the Building Blocks of Innovation

Paul Hobcraft

To look forward, I would argue we always need to look back and account for the progress made in managing innovation over the years. So this post reviews many great contributors to advancing innovation over the years. Briefly, I summarize what these have been bringing into innovative thinking.

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Change Management and Open Innovation: Know the Pillars of Digital Transformation

mjvinnovation

In this article, you’ll see how this as well as open innovation are at the base of Digital Transformation. Keep reading and understand how interconnected they areas well as how they facilitate the efforts of modern companies to be more innovative and harness the advantages of digital technology!

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Powerful Innovation for Energy

eZassi

Adjacent technologies impacting the energy industry can be harnessed by collaborative project teams of engineers and leading organizations who seek to modernize power systems and continue to utilize renewable resources. The Innovation Challenge: A Smart Grid Energy System. Breaking the Barriers with Collaboration.

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“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Qmarkets

Using the right innovation (tool) for the job. Arguably, the principle of Open Innovation was utilized for the first time by Professor James Murray in 19th Century Oxford, England. A History of Open Innovation. The Innovation Gamble. Lego – Bankruptcy. Nikel, 2013).

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“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Qmarkets

Using the right innovation (tool) for the job. Arguably, the principle of Open Innovation was utilized for the first time by Professor James Murray in 19th Century Oxford, England. A History of Open Innovation. The Innovation Gamble. Lego – Bankruptcy. Nikel, 2013).

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Jumping to a fresh cycle of innovation design

Paul Hobcraft

In my opinion, it needs to be based on the thinking around the shift from products to solutions, from transactions to building far more value-adding ongoing relationships, from a supplier of product services into highly valued network partnerships, exploring innovation across all options. It adjusts and you learn.

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Why Your Innovation Funnel Needs an Overhaul: A Step-by-Step Guide

Qmarkets

Traditionally the Innovation funnel is a stage-gate process that organizations use to define their approach to ideation. Businesses that adopt this usually start off by narrowing down their challenges, gathering ideas around them, reviewing said ideas, and then implementing them.