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Developing a new framework for risk and innovation.

Paul Hobcraft

I believe we need a new way to manage risk within our innovation activities. It needs to be treated differently from the general ‘risk management’ criteria applied within our business organizations. We need to formulate a more robust risk innovation framework. Risk is becoming an evolving capability.

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Developing a new framework for risk and innovation.

Paul Hobcraft

I believe we need a new way to manage risk within our innovation activities. It needs to be treated differently from the general ‘risk management’ criteria applied within our business organizations. We need to formulate a more robust risk innovation framework. Risk is becoming an evolving capability.

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Managing Change Despite Uncertainty

Innovation 360 Group

Innovation360 has identified are three levels of change management essential for creating a culture of innovation. The first is aimed at the macro/micro-scale of environmental volatility, using a management model invented by Magnus Penker called UPACS (Uncertainty, Paradoxes, Ambiguity, Complexity, and Speed).

Change 51
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I keep arguing we all need to seek out innovation alignment

Paul Hobcraft

All too often strategy is not influencing the behaviours and outcomes around innovation, it is simply allowing them to be left to chance. Innovation is being ‘pushed down’ the organisation for others to interpret and offer their answers. This poor strategic understanding creates a lack of alignment and directing innovation.

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Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

Dealing with uncertainty demands innovative ideas. Combatting uncertainty demands innovative ideas. Historically, FS organizations have been challenged by FinTechs and other upstarts, and have managed to survive, but not necessarily thrive. Innovative ideas are purchased externally and often not well integrated.

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Seeking fresh winds and new directions

Paul Hobcraft

It is often really hard to let go, the environment was something you had become used to, you accepted and become resigned to its weaknesses and constantly exploited its possibilities or even possibly the other way round. Context is the vital ingredient often never told for innovation. What should the mantra be for innovation?

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Spotting Innovation Opportunities

ITONICS

A strategic innovation field, let’s call it “ opportunity space ”, can be found by connecting all the dots between bits of diverse information you already know and put them together in a way that breaks a pattern. So why is it so very important to take this upstream step in the innovation process? The Innovator’s Dilemma.