article thumbnail

The critical interplay among innovation, business models and change

Paul Hobcraft

I wanted to extract part of this white paper” Critical Interplay Innovation Business Models Change 6-2 “(goes to PDF), in this post, as it offers all involved in innovation a structure to break down innovation into its different models of application. These impacts frequently have business model implications.

Change 130
article thumbnail

Innovations linkages to Strategy is vitally important

Paul Hobcraft

This includes White Papers and Series papers in the “ Insights and Thinking ” resource on this site as well. If you are in a highly dynamic, changing market it might look like 10:30:60. Strategy, like innovation, is dynamic, it is influenced by market conditions, internal needs and ambition.

Strategy 312
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Conditions for innovation to succeed

Jeffrey Phillips

Without this clarity, or in absence of a defined scope, the teams adopt the business as usual thinking and infer a narrow, limited scope even if the executive team wanted more disruptive innovation. You need to find the creative thinkers, the outliers, the people plugged into customers and markets.

article thumbnail

Shifting our thinking within the Fourth Industrial Revolution

Paul Hobcraft

There was a number of sessions held at Davos, relating to this 4IR but more importantly, a release of a number of reports or white papers on the growing impact of this revolution. So much of our known world will become disrupted, it will challenge society, it will bring about new behavior.

Industry 238
article thumbnail

Innovation traits that are critical now: comfort with ambiguity

Jeffrey Phillips

As we examined in the beginner's mind segment, many of these skills aren't pertinent to traditional day to day efficient operations, but they are vital for transformative and disruptive thinking in new environments. This was true before COVID if you were doing transformative or disruptive innovation. Contact me to discuss.

article thumbnail

Balancing Function, Design, Process and Structure for Creative Tension

Paul Hobcraft

This not just comes from the research and development lab but far more to listening and observing customers, the market shifts and trends, to having customer conversations, gaining insights into potential gaps or opportunities in the marketplace or through those that have this market-facing role inside the organization.

Design 130
article thumbnail

When Disruption Becomes Destructive: How Can Financial Services Companies Close the Innovation Gap?

Qmarkets

Small, fast-moving start-ups are revolutionizing the global landscape with creative market-responsive solutions that are becoming increasingly accepted and utilized. trillion (2016) according to a white paper by Oliver Wyman , a leading global management consulting firm. trillion to $1.0 billion in 2015.