Paul Hobcraft
APRIL 1, 2016
When you read a report that has within its executive summary this: “ In combination the boards stand unarmed to enter the battlefield of future business creation in a disrupted world ” it makes you want to read on. This is a more than timely report in my view. Is radical innovation a bulleted point at board meetings?
Paul Hobcraft
MARCH 27, 2018
They point out that since 2014, only four types of innovation and that are all related to digital, have grown increasingly in importance in their pursuit by companies. So the need to innovate comes from digital as the source. It will fundamentally change the type of resources innovation requires.
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Paul Hobcraft
OCTOBER 1, 2018
Then we have that often-delusional aspect; where the organization has this total belief they are well ahead of their competitors and simply point to their financial performance as the justification that their innovation is superior when it is so many other factors that have determined that. Two reports recently came out.
Destination Innovation
DECEMBER 19, 2018
Each sales person has to gather data and input their reports and forecasts. What will this innovation compete with? Can we crack the technology? This is reasonably straightforward for incremental innovations but particularly hard for radical innovations. What technology challenges do we face?
Paul Hobcraft
SEPTEMBER 2, 2018
To do this, technology adoption and diffusion across the ecosystem needs to improve dramatically. In a recent report, jointly from the World Economic Forum and McKinsey called the “ The Fourth Industrial Revolution and the factories of the future ” t hey made a number of observations.
Leapfrogging
MAY 6, 2019
To Bahcall, the goal is to create a structure where you get people motivated and incented to go for “loonshots,” crazy ideas that ultimately turn into big innovations. Bahcall’s book argues that the first step is to balance innovation with execution. Management Span: the number of direct reports that executives of the company have.
Innovation 360 Group
JUNE 9, 2020
This can be both good and bad – good, because the acquirers get access to new ideas which can add revenue, and bad because it tends to discourage the development of internal innovation capability, in particular radical innovation which, in our view, is a critical aspect of long term success. The importance of radical innovation.
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