Remove Engagement Remove Information Remove Radical Innovation Remove Underperforming Technical Team
article thumbnail

Developing a new framework for risk and innovation.

Paul Hobcraft

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.

article thumbnail

Developing a new framework for risk and innovation.

Paul Hobcraft

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Case Study: Regional SME Development Project Brings Innovation Lift to Manufacturing Hub

Innovation 360 Group

While they don’t have the same resources as large corporations, SMEs can potentially be quite innovative. The EU funded-development project was launched in 2016 with 8.2 It brought together a coalition of regional business development organizations from Nässjö, Vaggeryd, Sävsjö and Jönköping. million Swedish crowns.

article thumbnail

Balancing Large and Small Firm Capabilities

Integrative Innovation

development of existing business) and exploration (i.e. The corresponding integration of incremental and radical innovation can basically be achieved in different ways: Building ambidextrous and lean startup capabilities. Teaming up with small firms or startups. This angst is largely misplaced.

article thumbnail

Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Recent research has confirmed successfully disrupting as well as outperforming companies to be significantly more engaged in business model innovation. These communities stimulate social engagement around the product through participation in forums, sharing, collaboration or even user-driven innovation by co-creating new products.

article thumbnail

When innovation led to a reversal of fortunes

hackerearth

The company found a low-risk, high-reward “around the box” innovation strategy, one that is well-informed. The company focused on this third approach, one of producing low-risk innovations revolving around its core product. The company created an experience “around” the movie and engaged its buyer compellingly and completely.