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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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Two strategic approaches to innovation: incremental vs radical

The BMI Lab Blog

This approach is very popular because it reduces the risk that radical innovation usually takes. Moreover, companies with great human capital, resources, and capital find that is much easy for them to follow this innovation path, which brings clear advantages, such as: Helps companies remain competitive.

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What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

Much of the innovation discovery journey is a disappointing one. Resources constantly “churn” and get depleted, waiting for others to be brought up to speed. Those not involved directly within the innovation project constantly remain skeptical or require more proof. So where does innovation sit within your organization?

Report 212
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3 innovation types: evolution, preventative and creative

Jeffrey Phillips

Even if we can speed up innovation activities (we've run innovation programs from problem definition to fully developed prototypes in under a week) you've still got to go through the product development and launch cycle. Another approach is to use innovation to ferret out efficiency gaps.

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Mitigating risk with a balanced innovation portfolio

Innovation 360 Group

Assume that you have a number of projects that you want to execute, and you have a number of resources that can be used to execute them (resources such as innovation managers, or programmers). If the resources can be organized so all projects can be optimally executed without any interdependencies (i.e., Interdependency.

Project 52
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Balancing Large and Small Firm Capabilities

Integrative Innovation

The corresponding integration of incremental and radical innovation can basically be achieved in different ways: Building ambidextrous and lean startup capabilities. Established organizations with larger size usually target at extending their core business by incementally innovating their existing business model.

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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. Their focus should be primarily on establishing vision, setting direction in terms of strategies and goals and appointing resources to run the company and govern innovation in all three horizons.