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Has innovation changed over the last ten years?

Paul Hobcraft

Today, innovation is seen as an open process, where organizations leverage external sources of knowledge, ideas, and feedback to enhance their innovation performance 1. Open innovation is the practice of sharing and using external and internal ideas to create value 2.

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Seeking more Energy Transition Ecosystem Success Stories in 2024

Ecosystems4Innovating

This is partly why I focus on the Energy Transition and Industrial Transformation for my innovation and ecosystem work. Let us remind ourselves where those collaborations between different stakeholders deliver real change in radical, innovative solutions.

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Innovation needs the power of completing the 4th Industrial Revolution

Paul Hobcraft

Innovation is the unlocking mechanism. New materials are making our assets more durable and resilient, and data and analytics provide the valuable feedback needed to build even better services and performance in the future. The products and services are enhanced through the digital capabilities that boost their value and worth.

Industry 290
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PESTLED360: Iron Out Key Driving Forces in Your Current Environment and Anticipate Future Ones

Innovation 360 Group

Welcome to PESTLED360, the world’s first collaborative, data and artificial intelligence-driven methodology for collecting, analyzing, and nailing down what you need to know about your organization now and in the future. PESTLED is the mortar in the world of data. Do you have a roadmap for its short- and longer-term implications?

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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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Treat Your Innovation Pipeline just like your Sales Pipeline

Destination Innovation

Each sales person has to gather data and input their reports and forecasts. This is reasonably straightforward for incremental innovations but particularly hard for radical innovations. We can then evaluate the total projected impact of our innovation pipeline. Does the customer need our product?

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You are invited to “Navigating the New World Order”

Innovation 360 Group

Magnus Penker, one of the world’s leading experts on radical innovation and transformation, residing in New York, leads governmental and organizational transition. Sign up and get access to up-to-date advice that is based on science and data. He advises, with his team at Innovation360, in 45 countries.