Remove Course Remove Engagement Remove Learning Remove Radical Innovation
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So Where Is Innovation Heading?

Paul Hobcraft

To achieve this innovation has gone digital, pure and simple. There are significant shifts underway towards digital innovation in R&D and new-product development. Of course, this shift requires really big changes in strategy, operations, the organization and in each individuals orientation.

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The trough of innovation disillusionment

Paul Hobcraft

Over time our organizations are finding increasing reasons to put off the more radical innovation that is needed. Incremental innovation is safe and contains all the risks within acceptable levels, so it allows the organization to keep its fixation on the short-term as its only line of site (and executive pay-off).

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Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

It can still come under the broad risk umbrella but judging innovation risk is utterly different from organizational strategic risk. Innovation is a learning process not to be confused with a safety procedure, both can be effectively managed and different in their treatment. How wrong this is. So we tend to go to default.

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Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

It can still come under the broad risk umbrella but judging innovation risk is utterly different from organizational strategic risk. Innovation is a learning process not to be confused with a safety procedure, both can be effectively managed and different. How wrong this is. So we tend to go to default. Risk mitigation kicks in.

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Rethinking the measuring of innovation

Paul Hobcraft

Venture Capital is a driving force behind entrepreneurship and innovation. What can we learn to apply in established organizations for judging innovation differently so “risk” becomes higher in factoring in to not reject ideas but to encourage them. Uncovering good and emerging practices in innovation. •

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Seeking fresh winds and new directions

Paul Hobcraft

Anyone who has felt the ‘full force of the wind’ will know the feeling of how hard it is to keep on your feet, to stay determined to stay upright and true, to hold the course, whatever happens. Let me explain: Innovation however, doesn’t work in many of our normal processes and procedures.

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The Case for Dual Innovation

Tim Kastelle

Evaluating breakthrough innovation cultures and organization s, BCG concludes in their annual 2014 study: By definition, breakthrough innovation is the introduction of new ideas that drive a different way of doing things. This requires risk taking, of course, since no one can foresee the outcome or results of such initiatives.