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The Challenges being Faced by Innovation Consultants

Paul Hobcraft

From my perspective I’ve been looking at a real challenge today, that many consultants offering innovation services are not providing real sustaining consulting value to clients, only ad-hoc services. In many ways, the consulting industry specializing in innovation is its own worst enemy.

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12 Types of Innovation You Should Know in 2021

IdeaScale

Social innovation refers to both the new strategies, concepts and ideas innovated to meet the social needs of society (including, but not limited to, working conditions, education, health, and community development) as well as the social processes of innovation, including open innovation techniques. Process Innovation.

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Top Jobs for Innovation Professionals in 2019

IdeaScale

While there are many job titles for innovation professionals in 2019, the following are among the most prominent. Innovation Consultant. An innovation consultant is someone brought in by a company, usually for a defined period of time. Innovation consultants earn around $97,000 per year.

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Innovative Strategies for Effective R&D Budgeting

Innov8rs

As Tobias and Oliver say, R&D budgeting is not merely about allocating funds to different projects.

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My innovation journey (so far)

Jeffrey Phillips

A good friend and I were eating lunch, and talking about concerns that there wouldn't be any good or interesting jobs for our kids, because of the usual technology advances - robotics, automation, machine learning and other factors. Market evidence will tell you that most of new product innovations fail in the first year.

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HUMAN CREATIVITY AND CREATIVE PROBLEM-SOLVING WITH GENERATIVE AI

ImagineNation

A double-edged sword This perspective is further complimented by a recent Boston Consulting Group article “How people can create-and destroy value- with generative AI” where they found that the adoption of generative AI is, in fact, a double-edged sword.

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Becoming an innovative company: better late

Jeffrey Phillips

So, after over a decade of innovation consulting, I can say without doubt that companies that are just starting to innovate have it much better than those that were attempting it years ago. That's because as more companies try more innovation, more tools are vetted, more methods explored and exposed.

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