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Balancing Function, Design, Process and Structure for Creative Tension

Paul Hobcraft

In the fourth conversation between Jeffrey Phillips and myself around parts of the Executive Innovation Work Mat, we took on several different issues around the design, function, structure and process needs for innovation. We relate this specifically within our Executive Innovation Work Mat.

Design 130
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Connecting innovating value comes from Ecosystem thinking

Paul Hobcraft

The innovative design has become paramount to these new offerings. Ecosystem design will create new business opportunities. The need for radical innovation changes the present position. Boards and Senior Management have a lack of time, as they are often too busy, focusing on the day-to-day.

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12 Types of Innovation You Should Know in 2021

IdeaScale

Closed Innovation. Before being “open” as in open innovation, research is conducted internally within a company to privately create and manage inventions and new advancements before sharing them with the world. It includes both the development of new products and changes in the design of established products.

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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

It’s the secret sauce that has transformed startups into tech giants and turned traditional businesses into market leaders. Innovation isn’t just about the next big idea; it’s a multifaceted strategy that businesses employ to navigate through the twists and turns of today’s dynamic markets.

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Building Capacity for Breakthrough Innovation

Innov8rs

Innov8rs | Breakthrough innovations are characterized by their ability to disrupt or redefine the competitive landscape, often rendering existing solutions obsolete. They represent a radical departure from existing products, services, or processes, paving the way for new markets, industries, and value networks.

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Innovation needs the power of completing the 4th Industrial Revolution

Paul Hobcraft

Then innovation can finally play its true part in discovering, leveraging and delivering new value and impact. We have to recognize the days of simple product innovation are dwindling. Innovation is benefitting from the 4 th Industrial Revolution. It shifts our thinking and the management of innovation dramatically.

Industry 289
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Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

Less than 30% of manufacturing companies are actively rolling out Fourth Industrial Revolution technologies at scale” No wonder we presently have trouble attracting many businesses onto platforms when they are still very much behind in deciding or deploying a strategically thought-through IIoT digital design, that is connecting everything up.

Industry 213