article thumbnail

Specific skills and toolkits are needed for cross-sector innovation ecosystem collaborations.

Paul Hobcraft

Strategic thinking : Participants should be able to think strategically and understand the broader context of the collaboration. Governance : The governance structure of the collaboration should be well-defined and established.

article thumbnail

Understanding cross-sector innovation ecosystem collaborations

Paul Hobcraft

The final fourth post is about the appeal, interest, growing engagement, and judging outcomes. This final post of the four-part series on cross-sector innovation ecosystem collaborations, it emphasizes the importance of building interest and engagement by creating a compelling value proposition for potential collaborators.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Deepening the Thinking Around the Innovation Mandate – part two

Paul Hobcraft

Finally, this mandate sets expectations and builds out internal marketing, setting and/or seeking well-focused topics that can contribute to the strategic priorities and areas of future value and can be central or validated against any reward and recognition approach as the referencing point. Addressing both makes good sense.

Policies 147
article thumbnail

Constructing the innovation mandate

Paul Hobcraft

The innovation team will consist of experts in various fields, including technology, design, marketing, and finance but will not be mutually exclusive but open, encouraging and seeking consistent engagement and alignment across the organization and beyond.

article thumbnail

Closing out the year by transforming into innovation ecosystems

Paul Hobcraft

From universities to businesses and from research labs to government agencies, knowledge flowed like a river, nurturing the fertile soil of creativity and progress. The fourth thread, competitive positioning, taught us that thriving in this dynamic environment required strategic thinking.

article thumbnail

Cross-sector innovation ecosystem collaborations

Paul Hobcraft

Sharing in collaborative arrangements enables the potential for improved operational productivity, and shared application development, tapping into a wider ongoing customer engagement and skill enhancements for all involved to gain from. Participants need to be willing to share and manage risks to achieve their goals.

article thumbnail

Innovations linkages to Strategy is vitally important

Paul Hobcraft

Alignment of an organizations strategy and innovation approach is essential and this needs to flow and connect from the top, but I have often felt there has not been a suitable engagement platform to gather around and work through to build a robust, well-connected innovation capability.

Strategy 312