Innovation Excellence

JULY 20, 2016

At the recent ISPIM conference, I sat in several presentations ostensibly describing approaches to disruptive innovation when, in reality, it was difficult to see what (a market or a company) was actually being disrupted. They were really talking about breakthrough or radical innovation.

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Disruption Radical Innovation Conference Marketing 40

Paul Hobcraft

MARCH 27, 2018

There are significant shifts underway towards digital innovation in R&D and new-product development. Of course, this shift requires really big changes in strategy, operations, the organization and in each individuals orientation. The road you take will decide where innovation is heading for you.

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The BMI Lab Blog

JUNE 29, 2022

According to the degree of innovation, innovations can be divided into evolutionary and disruptive innovations. Radical innovations are similar to evolutionary innovations - but the leap of innovation is more comprehensive. What Is Disruptive Innovation? Christensen C.

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Technical Review Radical Innovation Disruption Innovation 52

The BMI Lab Blog

AUGUST 3, 2017

There are two complementary approaches to innovation: incremental vs radical. When setting up an innovation strategy, there are many decisions to take. Should I choose an incremental innovation path? Or should I rather look for a radical, or disruptive, approach? To protect current business models.

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Radical Innovation Innovation Marketing Disruption 60

Tim Kastelle

MARCH 7, 2016

Another example is the recently introduced strategy framework by Martin Reeves, Knut Haanæs, and Janmejaya Sinha from BCG. Here, dedicated strategies and innovation approaches are defined for different business environments, characterized by the factors predictability, malleability and harshness (see figure below).

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Innovation Management Management LEAN Technical Review 100

Paul Hobcraft

OCTOBER 1, 2018

When they are constantly scanning reports on the “state of innovation” it can often lull them, to give some that warm glow, others quickly being dismissive, disregarding many of the key messages as “not applicable to me”. Then disruption suddenly hits. Now that is very disappointing but what do we expect from innovation?

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Report Innovation Survey Disruption 212

Cris Beswick

APRIL 16, 2024

In this article, I’ll draw upon two decades of hard-earned experience in pioneering the development of innovation-focused cultures in organisations worldwide to share proven principles, strategies, and techniques. Leaders who drive this proactive approach help avoid the stagnation of current offerings.

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Innovation 360 Group

OCTOBER 29, 2017

Innovations that survive are most often those that are supported by an organizational culture that plans innovation strategically and maintains a portfolio of ideas that function well in relation to each other. In fact, strategy, leadership and capabilities are the foundation but culture is the enabler. Coley, and D.

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Culture Strategy Strategy Underperforming Technical Team 63

Innovation 360 Group

SEPTEMBER 30, 2017

Strategy for getting ready. The most important question to consider before deciding on your strategy for artificial intelligence and technology innovation is, “What do we want technology and artificial intelligence to do for our organization?” appeared first on Innovation Consultant | Innovation 360 | Home Of Innovation.

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Artificial Inteligence Strategy Strategy Leadership 40

Innovation 360 Group

SEPTEMBER 30, 2017

Strategy for getting ready. The most important question to consider before deciding on your strategy for artificial intelligence and technology innovation is, “What do we want technology and artificial intelligence to do for our organization?” appeared first on Innovation Consultant | Innovation 360 | Home Of Innovation.

Artificial Inteligence 40

Artificial Inteligence Strategy Strategy Leadership 40

Tim Kastelle

APRIL 30, 2016

Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Two-thirds of all breakthrough innovators stated that all innovation and product development is controlled and driven by a centralized organization, at least in its initial stages. Source: Accenture. Source: Detecon.

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Disruption Innovation Survey Study 100

Paul Hobcraft

MAY 18, 2016

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.

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Underperforming Technical Team Innovation Strategy Strategy 124

Paul Hobcraft

MAY 18, 2016

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.

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Underperforming Technical Team Innovation Strategy Strategy 124

Ankush Chopra

FEBRUARY 11, 2019

Borrowing from the Week’s podcast episode In this week’s podcast, I discussed insights from management science research on radical innovations. We talked how radical innovations are challenging because firms lack the needed absorptive capacity. One of the key lessons from the podcast was about absorptive capacity.

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Resources Radical Innovation Innovation Disruption 43

Integrative Innovation

MARCH 16, 2014

The corresponding integration of incremental and radical innovation can basically be achieved in different ways: Building ambidextrous and lean startup capabilities. Established organizations with larger size usually target at extending their core business by incementally innovating their existing business model.

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Innovation 360 Group

MAY 21, 2020

A great example of disruption across industries is the way Uber instantly went from disrupting the taxi industry to holding a dominant position in the food delivery industry, rising rapidly to handle 10 billion dollars US worth of business and devouring market share from rivals Postmates, Caviar, and DoorDash. Strategic Initiatives.

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Innovation 360

OCTOBER 1, 2017

Strategy for getting ready. The most important question to consider before deciding on your strategy for artificial intelligence and technology innovation is, “What do we want technology and artificial intelligence to do for our organization?” appeared first on Home of Innovation. Ready to tackle the challenge?

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Artificial Inteligence Strategy Strategy Leadership 32

etventure

OCTOBER 26, 2016

So, the industry simply carried on with business as usual – putting innovation on the back burner. Disruption Defined. What is the essence of disruption? Our definition – “when an innovator finds a way to deliver the product or service you offer in a radically better way than you do.”. The Threat.

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Paul Hobcraft

DECEMBER 22, 2021

The first was setting the scene for these conversations on the “fundamental building blocks for innovation success” ( LINK ) and then the second into “the essential alignment of innovation to strategy” ( LINK ).

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mjvinnovation

NOVEMBER 12, 2020

Incremental innovation: additional development and/or optimization of existing products, services, or models. Radical innovation: implementing completely new ideas into products, services, or business models. They have the most significant impact because new markets or customer needs may arise from this innovation; ?

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Innovation 360 Group

MAY 29, 2016

All companies have a conscious or unconscious strategy, leadership, culture, capabilities, and competencies they use to improve and innovate business internally (e.g. According to Steve Coley (2009) the innovation work can be divided into three parallel Horizons , each one representing an S-Curve. value proposition).

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Company Radical Innovation Leadership Study 40

Innovation 360

MAY 29, 2016

All companies have a conscious or unconscious strategy, leadership, culture, capabilities, and competencies they use to improve and innovate business internally (e.g. According to Steve Coley (2009) the innovation work can be divided into three parallel Horizons , each one representing an S-Curve. value proposition).

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Company Radical Innovation Leadership Study 40

Innovation 360 Group

JUNE 25, 2020

In our experience, there needs to be a mechanism in place at any given time to answer three questions about your portfolio of projects, whether they’re continuous improvements or disruptive new solutions. a clearly defined strategy. This is one reason why incremental innovation has a tendency to be prioritized over radical innovation.

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Paul Hobcraft

AUGUST 11, 2015

We are suffering this ‘blurring effect’ as different, often novel business models in their solutions, are cutting across through past traditional borders, combining different value propositions that are totally disrupting and eradicating established positions, in record-breaking time and no one is immune to this ‘disruptive effect’.

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Integrative Innovation

APRIL 7, 2016

Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Two-thirds of all breakthrough innovators stated that all innovation and product development is controlled and driven by a centralized organization, at least in its initial stages. Source: Accenture. Source: Detecon.

Disruption 40

Disruption Innovation Survey Study 40

Paul Hobcraft

MAY 18, 2016

In this post two, within a three part series, I build the argument on why we need to treat innovation differently within any risk assessment. Part one focused on linking risk into an innovation strategy that needed to align to the corporate one. Is innovation even fully aligned into the corporate strategy?

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Innovation Guidelines Learning Management 133

Paul Hobcraft

MAY 18, 2016

In this post two, within a three part series, I build the argument on why we need to treat innovation differently within any risk assessment. Part one focused on linking risk into an innovation strategy that needed to align to the corporate one. Is innovation even fully aligned into the corporate strategy?

Innovation 133

Innovation Guidelines Learning Management 133

Innovation 360 Group

MAY 10, 2016

– In todays globalized and digitalized world, Innovation capability is emerging as the most crucial success factor for companies that wants to master sustainable growth and profitability! Never before has boards and board members faced a larger challenge than todays need for effective linking between innovation and corporate strategy.

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Leadership Radical Innovation Underperforming Technical Team Innovation 40

ITONICS

JULY 30, 2018

If a company focuses on incremental innovation and simple stage-gate ideation processes only, it won’t keep up in the long run. In addition to transforming a whole industry, disruptive business models also push and promote paradigm changes. Is there a pattern for disruption & breakthroughs?

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Integrative Innovation

AUGUST 4, 2018

Most of those activities have a non-incremental innovation focus in nature, commonly targeted at. bringing about radical, yet sustaining opportunities to adapt / extend the current core business (e.g. exploring novel disruptive opportunities (e.g. digitalizing products, services or operating models).

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Integrative Innovation

APRIL 4, 2017

Modern Dual Corporate Innovation Management approaches encompass two complementary directions of impact : Transforming the Core (by largely changing or even disrupting the existing operating model). Creating the New (by largely changing or even disrupting the existing business model).

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Innovation Excellence

AUGUST 16, 2016

The simplest way to categorize innovation is into two types – incremental and radical. Incremental innovation is an improvement in an existing thing (e.g. Radical innovation is finding an entirely new way of doing something. product, process or service).

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Integrative Innovation

DECEMBER 13, 2017

Each pathway begins in the bottom-left quadrant ( Silos and Complexity ), and each involves significant organizational disruption: Pathway 1: Standardize first – moves enterprises from the Silos and Complexity quadrant to the Industrialized quadrant. CIOs are a good choice to lead Pathway 1.

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Technical Review Survey Disruption Industry 84

Integrative Innovation

OCTOBER 12, 2017

Our Dual Innovation approach (see figure 2) combines these two concepts in a unique way. If a company does not master Scaling-Up there is a high chance that all the activities in Playing Field 3 will remain only innovation theater. Innovation strategies at BU and at Corporate level. Innovation pace and dynamics.

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Innovation Management Management Innovation Strategy 49

The Inovo Group

MAY 30, 2019

The author presents a clear three-part framework consisting of Innovation Strategy, System and Culture that a large company needs to use to be an innovative organization. To do so, the author presents the following framework for creating and sustaining a capacity for innovation. Collaborative but Individually Accountable.

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Technical Review Software Review Creativity System 40

Innovation Excellence

MARCH 11, 2018

One of the best innovation stories I’ve ever heard came to me from a senior executive at a leading tech firm. Apparently, his company won a million dollar contract to design a sensor that could detect pollutants at very small concentrations underwater. It was an unusually complex problem, so the firm set up a team.

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Strategy Strategy Innovation Design 48

Innovation 360

MAY 10, 2016

. – In todays globalized and digitalized world, Innovation capability is emerging as the most crucial success factor for companies that wants to master sustainable growth and profitability! Never before has boards and board members faced a larger challenge than todays need for effective linking between innovation and corporate strategy.

Leadership 40

Leadership Underperforming Technical Team Innovation Radical Innovation 40