article thumbnail

Innovation on Steroids: Next Generation AI-Powered Phases and Gates

Leapfrogging

From its inception to the current state, the processes governing the development of new products and services have continuously evolved to incorporate new methodologies and technologies. Traditional Phases and Gates Processes Traditionally, the phases and gates model has been a cornerstone in structuring innovation management.

article thumbnail

Deepening the Thinking Around the Innovation Mandate – part two

Paul Hobcraft

The innovation mandate should clearly define the value goals for the innovation program and how they will be measured and tracked over time. The innovation mandate should articulate the organization’s innovation policy and how it will be implemented. Addressing both makes good sense.

Policies 147
Insiders

Sign Up for our Newsletter

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

article thumbnail

Gaining a Different Perspective on Innovation through Platforms, Blocks, and Stack Designs

Paul Hobcraft

(Larry Schmitt- The Innovation Stack) A comprehensive innovation ecosystem design offers several benefits, including fostering a culture of innovation, accelerating the innovation process, enhancing collaboration, leveraging diverse perspectives, and driving competitive advantage.

Design 182
article thumbnail

Barriers to innovation, the cause and effect.

Paul Hobcraft

In today’s world, nothing seemingly ‘stands still’, and organizations, business models and market approaches are in constant flux. Organizations are often too early or too late to market. Innovation is far too linear in its approach; it can be different. Enabling technology and processes.

article thumbnail

Global Prosperity in 2023: Our plan for impact

Christensen Institute

On January 15, 2019, I published The Prosperity Paradox: How Innovation Can Lift Nations Out of Poverty with the late Harvard Business School professor, Clayton Christensen and former Harvard Business Review editor, Karen Dillon. The sequel to The Prosperity Paradox will focus on the process of market-creation.

Marketing 132
article thumbnail

Boosting Innovation: Harnessing AI for New Product & Service Development

Leapfrogging

The Intersection of AI and Innovation Management Defining Innovation Management with AI Innovation management refers to the process and activities that organizations use to manage and nurture new ideas into marketable products and services. Tailor products and services to specific market segments.

article thumbnail

Accelerating Sustainable Energy Innovation

Paul Hobcraft

Energy innovation systems need a really much stronger and more effective push to deliver a broad range of technologies and solutions to the market faster than what is happening today. Innovation drives the changes in the Energy transition. If we take the suggested Energy Innovation System outlined in this Whitepaper.