article thumbnail

Digital Technology MoshPit

Gregg Fraley

The MoshPit system seeks to find combinations of concepts that lead to innovation. Digital technology holds promise to improve, or radically innovate, many areas of an organizational value chain. To discover radically new applications for digital tech what’s needed is taking a comprehensive look across all operations.

article thumbnail

Balancing Innovation via Organizational Ambidexterity – Part 3

Integrative Innovation

As Geoffrey Moore [2] has pointed out, breakthrough innovations need to “cross the chasm” between the initial customers and the majority of the market. Actively managing the market introduction therefore increases significantly the likelihood of success for radical innovations.

article thumbnail

Why do innovation programs fail

hackerearth

Number of ideas generated. Number of ideas shortlisted. Number of ideas funded. By creating a strong framework, you create an environment that will enable innovation. One can focus on tapping innovation internally, another can capitalize on external innovation through accelerators, incubators, acquisitions, etc.