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Why we should focus on Innovation Governance

Paul Hobcraft

” We have just had our third short conversation of a five-part series on Innovation Governance. This specific conversation is all about the fit of innovation governance within our Executive Innovation Work Mat. This is the link on Innovation Governance to the conversation, just under 14 minutes to listen to.

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Constructing the innovation mandate

Paul Hobcraft

We will focus on both incremental and distinctive innovation outcomes and ones that have the potential for disruptive or breakthrough innovation, that are exploring new technologies, markets, and new business models to drive growth and create value.

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Providing the glue in the common language, communications, and context needed for successful innovation

Paul Hobcraft

Governance – we examine how to govern an innovation project and why this work requires different governance models from other projects. Equally, those involved in innovation wish to have clear guidelines, rails and frames that allow consistent measuring. Management wants this.

Video 246
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Leveraging Venture Building for Long-Term Returns

Innov8rs

The dilemma is further exacerbated by corporate governance systems designed for operational excellence rather than innovation. The pressure for immediate financial performance is at odds with the long-term investment required for disruptive ventures, which may not contribute substantially to top or bottom line for years.

Agile 40
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5 Tech Issues That Can Slow Down Innovation

IdeaScale

Sometimes the problem is compatibility with legacy systems, but there are also skills gaps to overcome, decisions about how much tech you need and where to apply it, and coping with business disruption or temporary lags in productivity. These guidelines regulate how companies gather, use, and store information.

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Hard Trends: Easier to Identify Than You Think

Daniel Burrus

Because of this, you better believe that, aside from the length of the coronavirus’s impact, there are still Hard Trends in every industry, plus plenty of opportunity in the disruption that is this global pandemic. Government Regulations and Oversight. During this pandemic, an example is an older generation like the Baby Boomers.

Trends 60
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Finding the Advantage in Regulation

Daniel Burrus

One of the categories of Hard Trends—government regulations—might surprise you. No matter what any politician of any philosophical persuasion might argue, we’re going to have more government regulation in the future, not less. Whenever a new law is passed, there are both predictable opportunities and consequences. No one ever does.

Trends 76