article thumbnail

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.

article thumbnail

What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

So where does innovation sit within your organization? Both are I feel “painting” a realistic picture of where innovation does sit within organizations. Am I happy with this, no of course not but in my view “nothing can change until something does change” What do I mean by that? Two reports recently came out.

Report 212
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The digital innovation era calls for new board leadership

Innovation 360 Group

Never before has boards and board members faced a larger challenge than todays need for effective linking between innovation and corporate strategy. Figure 1, The Success of Need Seekers ( Strategy + Business, Global Innovation1000, 2014, Proven paths to innovation success: Exhibit 2. ). Figure 2, Applying the Three Horizon Model.

article thumbnail

Mitigating risk with a balanced innovation portfolio

Innovation 360 Group

By governing the portfolio with formal processes, there is a generally agreed upon way to determine what gets precedence in the request for resources. Of course, projects can be chosen for other reasons, but that should be a very conscious decision.). This way you can also avoid overloading the later parts of the innovation process.

Project 52
article thumbnail

The digital innovation era calls for new board leadership

Innovation 360

Never before has boards and board members faced a larger challenge than todays need for effective linking between innovation and corporate strategy. Bottom line, this all comes down to the need for mastering and governing multiple parallel modes of innovation, leadership styles, risk willingness etc.,

article thumbnail

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.

article thumbnail

Rethinking the measuring of innovation

Paul Hobcraft

This side of the innovation balance sheet gives the commitment and sense of belief that can encourage investment, as the people side equates to the measurement of the team within a new venture. Determining how you lead and manage through governance and design. Innovation portfolio management, striving for value, impact and return.