Remove Guidelines Remove Marketing Remove Technology Remove Underperforming Technical Team
article thumbnail

Developing a new framework for risk and innovation.

Paul Hobcraft

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. The relevant financial measure during this stage is whether the new business can be made profitable in its foothold market.

article thumbnail

Developing a new framework for risk and innovation.

Paul Hobcraft

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. The relevant financial measure during this stage is whether the new business can be made profitable in its foothold market.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Riding the VUCA storm

Jeffrey Phillips

The stock market can whipsaw through a thousand points of gain or loss in a day. The markets and economic conditions have already been changing dramatically, even before VUCA. Digital technologies will shift where work is done and who (or what) does the work. It's really crazy in the marketplace right now.

article thumbnail

Understanding Data Governance and Who Should Own It

Acuvate

The tenets of data governance are to establish methods, layout clear responsibilities and develop robust processes to standardize, protect and store data. Reduce costs that might incur due to bad data. Analysis of poor quality data results in ineffective decisions. Institute regulations on how data is to be used. Protect data.

Data 45
article thumbnail

70:20:10 Rule of Innovation

ITONICS

Or maybe entering new markets with existing products? This is why next to core activities, companies start to explore adjacent markets and capabilities. Even if you go into an adjacency, you aren’t fully coming up to something new, as these products and markets already exist somewhere, just not in your company. Integration.

article thumbnail

70:20:10 Rule of Innovation

ITONICS

Or maybe entering new markets with existing products? This is why next to core activities, companies start to explore adjacent markets and capabilities. Even if you go into an adjacency, you aren’t fully coming up to something new, as these products and markets already exist somewhere, just not in your company. Integration.

article thumbnail

Applying the Three Horizon Thinking to a Fresh Perspective of Innovation Design

Paul Hobcraft

Using the 3H you have to have a ‘reasonable’ framing intent, those essential guidelines that can provide “ the Wireframe “ (a concept taken from thinking about a UX backbone) for establishing the basic design and activity process. This needs designing in unique ways, not in rigid processes and structures.

Design 138