Valuing digitization alongside innovation

Paul Hobcraft

We are seeing a very distinctive advantage in embracing digitalization into innovation. The potential of combining digitalization and innovation insights offers significantly more potential for sustaining growth and building a greater connection into the needs of our customers.

All things considered for Innovation Thinking

Paul Hobcraft

When we are designing innovation for the future, the search is even more centered around strategically connected value creation. It provides the innovation marching orders. Design Thinking is increasing its role in innovation thinking. Source: Rikke Dam and Teo Yin Siang.

Innovation Capital Lies Within Organizational Learning

Paul Hobcraft

We need to know how to unlock the real value of innovation both personally and within the organization, we work for. If we do not fully understand where the innovation capital comes from, how new capital and stock can be provided, innovation will remain tentative, always stuttering along.

3 questions to help you decide if you should invest in an innovation management software

Exago

If you are involved in managing innovation for your organisation and you have been set with the task to make this decision, the first question you should ask yourself is: “Do we really need an innovation management software?”.

The 5 Competencies of Highly Innovative Organizations

Speaker: Dr. Ankush Chopra, Professor of Strategy, School of Management Fribourg

Building the Coordinates into your Innovation World

Paul Hobcraft

Innovation can be fairly complex in what needs to be pulled together, as often it ‘flies’ in contradiction to the normal organization’s ways and wishes, especially the emphasis on working in structured, efficient and productive ways.

Best Innovation Books to Read in 2019

Rocketspace

One thing noticeable amongst corporate innovation leaders is that they are constantly reading and discussing new concepts, models, and ideas.

Facing The Innovators Salmon Run

Paul Hobcraft

This set me thinking about the innovator within a company. They face the same “salmon run” or gauntlet when they try to bring to life a new innovation. This is my equivalent of an innovation salmon run. The antibodies that lie in weight for the innovator.

I would recommend applying the Innovation Value Proposition

Paul Hobcraft

An innovation value proposition (IVP) is not the easiest place to go. It must build meaning and purpose and provide that unique identity that enables innovation to flow. That now seems like ages ago, and a lot has changed in how we manage innovation since then.

Report 232

The Need for Digital Innovation Platforms

Paul Hobcraft

I want to offer some thoughts that need us all involved in innovation to think about as we finish out 2018. If you are frustrated with your current innovation process then read on. Can we manage innovation the way many still are? Do the PLM providers hold the innovation key?

Report 220

Innovation: Five Signs You Might Be Faking It

Optimism in Innovation, Thinking About Risk Differently

Paul Hobcraft

For me, there is never enough talked about innovation risk. Innovation is held back so often because the quantification of risk cannot fit into an organization’s current assessment and measurements of risk. Innovation risk leaves many executives very uncomfortable.

Nesta’s Landscape of Innovation Approaches

Paul Hobcraft

Different reasons, different focus areas partly although innovation keeps us together, well me checking in on them, I’m not so sure it is the same their end. Nesta is an innovation foundation. They state: “For us, innovation means turning bold ideas into reality. Just go and explore these, they are such a storehouse of innovation approaches. It is how we should be thinking about undertaking innovation. You sometimes need to kick yourself.

Why Are We Making Innovation So Complex?

Paul Hobcraft

It always amazes me how we limit growth by not investing fully in innovation. While most large companies want to become more agile and innovative, many of them fail to turn this wish into a reality. Innovation as a dedicated activity still sits uncomfortably within many organizations.

The 6 Don'ts of Corporate Innovation

Rocketspace

One of the biggest challenges I hear from corporate innovators is getting internal buy-in from executive leadership for the projects they envision. This is, by far, the most mentioned barrier faced by innovation directors, managers, and analysts.

The 7 Habits of Highly Innovative Organizations

Building the Single Innovation Digital Platform Environment

Paul Hobcraft

Throughout the past couple of years, I have been constantly arguing about the need to put innovation management on a digital platform. What if you could manage your innovation in the ways shown in this diagram? Innovation today requires, no demands more connectivity.

Report 167

The problem of scaling can confuse those innovating.

Paul Hobcraft

The problem of scaling can confuse those innovating and can this be changed? You can follow their work over on innovation-3, where they help companies to set the Scaling-Up of a fully validated innovation concept up for success. The shedding of legacy can equally liberate innovation.

Report 194

Adopting a Rapid Digital Innovation Process

Paul Hobcraft

Often our innovation activities face the same dilemma. Innovation needs time, it needs evolution and resolution but also speeding up. The need for innovation results has sped up considerably. Designing the complete rapid innovation application process.

The Innovation Journey Map

Destination Innovation

The Innovation Journey Map (IJM) is a similar concept showing the journey that an innovation takes from initial conception through to final implementation. The IJM would typically include: A flowchart or diagrammatic representation of the journey which the innovation takes.

Innovate Faster with Metrics that Matter

Defending Europe, including the Brits, on innovation

Paul Hobcraft

What are Europeans loss is the UK’s gain, in being unshackled from others, not just lagging behind in digital technology and innovation but actually blocking it for the “collective union” Europe offers incredible history, the same as Asia.

System 160

What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

Good innovation is notoriously hard to achieve. Others looking at the innovation progress keep demanding tangible evidence and quantifiable guarantees that the outcome provides clear returns. Much of the innovation discovery journey is a disappointing one.

Report 208

Can We Have One of These? A Product Innovation Platform

Paul Hobcraft

I have argued we do need to change the way we undertake innovation and its development. I am really frustrated by the legacy we have in our processes, systems and the ways we approach innovation, and its development lifecycle. A truly open innovation platform.

A really worthwhile report on Innovation not to be missed from Innovation Leader.

Paul Hobcraft

The report provides insights from 270 innovation, R&D and strategy executives and considerable work on structuring the conclusions in highly thoughtful and valuable ways to the reader. Creating Strategic Alignment, 2.Funding Innovation, 3 Delivering Impact and 4 Moving forward.

Report 239

6 Ways to Create a Successful Innovation Program

Innovation Strategies from 6 Leading Innovation Firms

Rocketspace

You may remember our blog post from a few months back where we identified the top firms driving innovation. corporate innovation strategy innovation ecosystem internal and external innovation innovation consultant

Innovation Strategies from 7 Leading Innovation Firms

Rocketspace

You may remember our blog post from a few months back where we identified the top firms driving innovation. internal and external innovation innovation ecosystem corporate innovation strategy innovation consultant

We Require A Shift of Innovation Management Solution Providers

Paul Hobcraft

There is still a real reluctance that the supplier of innovation software solutions has to change. Secondly, if open innovation has gone way beyond a one to many relationships into a many to many then does the reliance on single entity software provision makes sense?

Ring Fencing Constrains Innovation

Paul Hobcraft

It is the very act of ‘ring-fencing’ we have constrained innovation. Innovation remains separate for the clear majority of our companies even today as it is full of unknowns and question marks. Top executives just do not like the sound of this, so they seek to ring-fence innovation.

Quantifying a Culture of Innovation

Innovating in the digital age- a terrific report

Paul Hobcraft

The report from Arthur D Little “ Innovating in the digital age- a cross-industry exploration ” has to be the one report that really stands out for me from this year. They take a look at how digital technology will transform the way innovation will be managed in the future.

Report 164

Calling All Corporate Innovators: What’s Your Company’s Innovation Maturity Score?

Rocketspace

To put it bluntly, the corporate landscape can be summed up as ‘innovate or die.’ Have you taken a temperature check around your organization's innovation efforts?

Top 5 Innovation Trends in 2019

Rocketspace

80% of executives think their current business models are at risk to be disrupted in the near future and 84% say their future success is extremely dependent on innovation. So, what are the five top innovation trends that will mark 2019, and where should businesses be placing their bets?

Trends 130

The Innovation Sophistication Index

Destination Innovation

How can you assess how innovative your business is? The Innovation Sophistication Index is a list of just 24 statements. This is the Launch phase where the need for innovation is recognised but not much has been achieved so far. You are among the sophisticated innovation elite.

Spigit's 2018 State of Crowdsourced Innovation Report

INNOVATION. REPORT Methodology Spigit’s 2018 State of Crowdsourced Innovation Report. innovation program for over three years, and 36 percent. innovation by looking at programs established for three. practice of crowdsourced innovation. strategically innovate?