Remove Management Remove Marketing Remove Radical Innovation Remove Underperforming Technical Team
article thumbnail

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. To quote the specific parts.

article thumbnail

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. To quote the specific parts.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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
article thumbnail

Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

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. Difficulties with speed to market.

article thumbnail

Balancing Large and Small Firm Capabilities

Integrative Innovation

development of existing business) and exploration (i.e. The corresponding integration of incremental and radical innovation can basically be achieved in different ways: Building ambidextrous and lean startup capabilities. Teaming up with small firms or startups. This angst is largely misplaced.

article thumbnail

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.

article thumbnail

The digital innovation era calls for new board leadership

Innovation 360 Group

At Innovation 360 Group, we help client companies all over the world to improve their innovation capability through innovation assessment, analysis and recommendations. You can read more about this in e.g. Mr. Jason Lunday’s featured column about Typical Weaknesses of Codes of Conduct; [link].