Remove Data Remove Disruption Remove Learning Remove Radical Innovation
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Has innovation changed over the last ten years?

Paul Hobcraft

From incremental to radical : Innovation used to be seen as an incremental process where organizations improved their existing products, services, or processes by making small changes. Disruptive innovation is the creation of a new value proposition that displaces existing ones 2.

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Innovation needs the power of completing the 4th Industrial Revolution

Paul Hobcraft

We are facing greater disruption and an increasing innovation pace. The prospect of new innovation potential will eventually work through into the world of Industry 4.0 Innovation is the unlocking mechanism. We first need to recognize that there are twin forces at work, feeding off each other. as a major game-changer “.

Industry 289
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So Where Is Innovation Heading?

Paul Hobcraft

They point out that since 2014, only four types of innovation and that are all related to digital, have grown increasingly in importance in their pursuit by companies. So the need to innovate comes from digital as the source. It will fundamentally change the type of resources innovation requires.

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The core principles of Leading FOR Innovation

Cris Beswick

Find out more here: [link] It crucially removes subjectivity from senior team conversations about why innovation isn’t part of organisational culture. It also facilitates data-driven decisions on where to focus efforts to remove the most crucial blockers. Horizon 1 activity has lower risk but also lower return.

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Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

It is equally holding a new form of innovation back, one that is highly collaborative where partners come together to work on more complex problems. Collaborators can achieve solutions only by being “fully” connected up, comfortable with their data, understanding and contribution, both within their knowledge and insights.

Industry 213
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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Reinvention through business model innovation. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the perfusion of new technologies, lead to decreasing life times of existing business models. Platform business models tend to affect, oftentimes disrupt, multiple industries over time.

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The Case for Dual Innovation

Tim Kastelle

Breakthrough innovators are willing to make decisions and choices as much on the basis of intuition and insight as on data and forecasts – they bet on people rather than manage a process. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Source: Accenture. Conclusion.