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Constructing the innovation mandate

Paul Hobcraft

We need to understand successful innovation actually touches all aspects of a business, by contributing to improving business processes, identifying new, often imaginative, ways to reduce costs, building out existing business models into new directions and value and discovering new ways and positioning into markets.

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Deepening the Thinking Around the Innovation Mandate – part two

Paul Hobcraft

Innovation Policy : An innovation policy provides guidance and direction for the innovation program, defining the types of innovation that will be pursued, how innovation projects will be prioritized, and how intellectual property will be managed. In any document, feedback and suggestions should be actively sought.

Policies 147
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Digital transformation examples

Board of Innovation

2 Reasons: to accelerate the market and to make their technology the standard. Sector: Manufacturing Company: Philips Learn more: Source Pay-per-use Leasing Energy savings The fast pace of projection disruptions resulted in cinemas to either work with outdated technology or spend more than they earn. in the GE online store.

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Leveraging New Ventures for Innovation

Integrative Innovation

Particularly, with regard to radical or disruptive innovation, investing in startup incubators, accelerators or corporate venturing increases the chance to get access to promising novel technologies and business models. Incubators enable companies to support and collaborate with a handful of promising startups for as long as three years.