Destination Innovation

DECEMBER 19, 2018

What additional resources are needed to win the deal? They contribute ideas and resources to help close sales. This is reasonably straightforward for incremental innovations but particularly hard for radical innovations. We can then evaluate the total projected impact of our innovation pipeline.

Technical Review 195

Technical Review Radical Innovation Innovation Project 195

Christensen Institute

OCTOBER 11, 2022

Africa has the lowest levels of per capita use of modern energy, and despite the region being home to 60% of the best solar resources globally, there’s only 1% of installed solar photovoltaic (PV) capacity due to lack of sufficient investments being directed towards these resources. .

Marketing 116

Marketing Radical Innovation Innovation Industry 116

Stephen Shapiro

JUNE 17, 2022

Given that organizations have limited resources and money, prioritization is critical. You want to manage your innovation pipeline the way you manage your personal investment portfolio. Equally, your innovation portfolio should be comprised of a diverse set of investments in various types of challenges.

Radical Innovation 52

Radical Innovation Tips Marketing Resources 52

Ecosystems4Innovating

DECEMBER 24, 2023

This is partly why I focus on the Energy Transition and Industrial Transformation for my innovation and ecosystem work. Let us remind ourselves where those collaborations between different stakeholders deliver real change in radical, innovative solutions.

Industry 64

Industry Collaboration Radical Innovation Technology 64

Paul Hobcraft

DECEMBER 22, 2021

The dynamics are coping with the pressures coming from the top, demanding more growth and impact, controlling the risk, ROI’s and resources in ways that often seem at odds with the needs to grow a business. Often you see or hear the lingering fears of wanting more radical innovation but the worries of the upheaval this brings.

Design 130

Design Creativity Agile Resources 130

The BMI Lab Blog

AUGUST 3, 2017

This approach is very popular because it reduces the risk that radical innovation usually takes. Moreover, companies with great human capital, resources, and capital find that is much easy for them to follow this innovation path, which brings clear advantages, such as: Helps companies remain competitive.

Radical Innovation 60

Radical Innovation Innovation Marketing Disruption 60

Innovation 360 Group

APRIL 3, 2020

Magnus Penker, one of the world’s leading experts on radical innovation and transformation, residing in New York, leads governmental and organizational transition. Resources : Secure your supply, personnel, skills, and infrastructure: Super-clusters, reorganization, and redistribution of personnel between companies.

Radical Innovation 59

Radical Innovation Analysis Examples Tools 59

Paul Hobcraft

MARCH 27, 2018

The importance of big data, the speed of technology adoption, mobile products, digital design, and technology platforms are at the heart of innovation. It will fundamentally change the type of resources innovation requires. The road you take will decide where innovation is heading for you.

Innovation 186

Innovation Radical Innovation Big Data Design 186

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.

Industry 40

Industry Radical Innovation Underperforming Technical Team Technical Review 40

Innovation 360 Group

JUNE 25, 2020

Assume that you have a number of projects that you want to execute, and you have a number of resources that can be used to execute them (resources such as innovation managers, or programmers). If the resources can be organized so all projects can be optimally executed without any interdependencies (i.e., Interdependency.

Project 52

Project Resources Radical Innovation Innovation 52

Wazoku

APRIL 5, 2018

The innovation spectrum. Innovation is not one specific thing, it is a spectrum. It can start with small, incremental changes and expand to radical innovation, creating brand new solutions or disrupting an entire industry. How to move up the innovation spectrum? Incremental. Differentiated.

Radical Innovation 45

Radical Innovation Innovation Innovation Processes Brainstorming 45

Paul Hobcraft

OCTOBER 1, 2018

Much of the innovation discovery journey is a disappointing one. Resources constantly “churn” and get depleted, waiting for others to be brought up to speed. Those not involved directly within the innovation project constantly remain skeptical or require more proof. A hunch or insight becomes a dead end. Will something change?

Report 212

Report Innovation Survey Disruption 212

Jeffrey Phillips

SEPTEMBER 11, 2017

Even if we can speed up innovation activities (we've run innovation programs from problem definition to fully developed prototypes in under a week) you've still got to go through the product development and launch cycle. Another approach is to use innovation to ferret out efficiency gaps.

Creativity 161

Creativity Innovation Disruption Product Development 161

Paul Hobcraft

MAY 17, 2016

You Need an Innovation Strategy for it to really be seen as a critical resource of an organization. Gary Pisano had an excellent article “ You Need an Innovation Strategy” on HBR. “The first is to answer the question “How are we expecting innovation to create value for customers and for our company?”

Strategy 124

Strategy Strategy Innovation Resources 124

Innovation 360 Group

MAY 21, 2020

Operational Strategic Initiatives (those initiatives that need to be executed now) are prioritized by using Impact-Feasibility mapping, making sure to optimize resource usage. This is what we call incremental innovation. Incremental and radical innovations can be anything from services and products to business models and processes.

Radical Innovation 69

Radical Innovation Data Artificial Inteligence Analysis 69

Integrative Innovation

MARCH 16, 2014

The corresponding integration of incremental and radical innovation can basically be achieved in different ways: Building ambidextrous and lean startup capabilities. Established organizations with larger size usually target at extending their core business by incementally innovating their existing business model.

Radical Innovation 83

Radical Innovation LEAN Underperforming Technical Team Disruption 83

The BMI Lab Blog

JUNE 29, 2022

These processes and activities, along with the involved resources (Hedman and Kalling 2003) and capabilities (Morris et al. Radical innovations are similar to evolutionary innovations - but the leap of innovation is more comprehensive.

Technical Review 52

Technical Review Radical Innovation Disruption Innovation 52

whataventure

DECEMBER 15, 2020

For corporates, radical innovations are, in most cases, a nice-to-have or the cherry on top of the cake. Rarely innovation projects are being prioritized over the daily business. In the case of MOBIKO, they have understood soon enough that they would lose a lot of time and resources by holding onto the AUDI AG structures.

Radical Innovation 98

Radical Innovation Project Ideation Tips 98

Innovation 360

MAY 29, 2016

Another source on the theme, O’Reilly III and Tushman (2004) , talks about being able working ambidextrously with incremental and radical innovation at the same time. The insight of dividing innovation work into different Horizons in order to manage it effectively is, in my experience, often well known at C-level.

Company 40

Company Radical Innovation Leadership Study 40

Innovation 360 Group

MAY 29, 2016

Another source on the theme, O’Reilly III and Tushman (2004) , talks about being able working ambidextrously with incremental and radical innovation at the same time. The insight of dividing innovation work into different Horizons in order to manage it effectively is, in my experience, often well known at C-level.

Company 40

Company Radical Innovation Leadership Study 40

Innovation 360 Group

MAY 21, 2020

The Operational Strategic Initiatives are prioritized by using Impact-Fesabilty mapping, making sure to optimize resource usage. This is what we call incremental innovation. The Innovation Strategic Initiatives are the hunting ground for new innovation, which typically is what we call radical innovation.

Radical Innovation 52

Radical Innovation Artificial Inteligence Data Industry 52

Integrative Innovation

AUGUST 1, 2014

As Geoffrey Moore [2] has pointed out, breakthrough innovations need to “cross the chasm” between the initial customers and the majority of the market. Actively managing the market introduction therefore increases significantly the likelihood of success for radical innovations.

Technical Review 67

Technical Review Radical Innovation Innovation Marketing 67

Cris Beswick

APRIL 16, 2024

The most famous approach is the 70-20-10 rule, aligned to the three horizons for several reasons: Resource allocation: The 70-20-10 rule provides a guideline for allocating resources (financial, human, and time) across different types of innovation. A tool that underscores a pivotal approach to innovation.

Innovation 59

Innovation Culture Creativity Disruption 59

Jeffrey Phillips

NOVEMBER 7, 2018

We may set the stage for them by removing anticipated constraints - telling them that during the activity they have the funding and resources they need - or can access these - to achieve their ideas. These innovations are primarily based on the old models and patterns but with a new, compelling value proposition.

Innovation 181

Innovation Tools Creativity Radical Innovation 181

Qmarkets

OCTOBER 21, 2021

However, there are also several implicit practices that your company may have in place that are showing employees that innovative ideas are not valued. These are not as easy to see from the surface so it may be wise to involve your Human Resources department to truly dissect the root of these implications.

Strategy 98

Strategy Strategy Idea Generation Comparison 98

Qmarkets

OCTOBER 21, 2021

However, there are also several implicit practices that your company may have in place that are showing employees that innovative ideas are not valued. These are not as easy to see from the surface so it may be wise to involve your Human Resources department to truly dissect the root of these implications.

Strategy 98

Strategy Strategy Idea Generation Comparison 98

Tim Kastelle

MARCH 7, 2016

While stage-gate processes have traditionally been favored in predictable environments, a new generation of product innovation process is taking hold due to increased pressure: lean innovation. We can see that experimentation comes in different flavors, depending on the innovation context.

Innovation Management 100

Innovation Management Management LEAN Technical Review 100

Innovation 360 Group

JUNE 17, 2019

For example, the Airbnb effect on the hospitality industry, driven by new technology, peer-to-peer payments, and cost-sharing for underused resources, is now sparking new business models in the traditional real estate industry. You prolong your value proposition through incremental innovation and jump to the next is with radical innovation.

Resources 40

Resources Radical Innovation Software Industry 40

Paul Hobcraft

OCTOBER 3, 2016

To work through these we are all being asked to transform but there has to be a clear end, a return for all this energy and resources it requires, that we are being asked to spend? How and where does innovation fit will clearly depend on this transforming effect. We are facing tough challenges within the business world.

Collaboration 273

Collaboration Technical Review Disruption Innovation 273

Paul Hobcraft

OCTOBER 3, 2016

To work through these we are all being asked to transform but there has to be a clear end, a return for all this energy and resources it requires, that we are being asked to spend? How and where does innovation fit will clearly depend on this transforming effect. We are facing tough challenges within the business world.

Collaboration 273

Collaboration Disruption Innovation Technical Review 273

Paul Hobcraft

DECEMBER 16, 2015

These are about learning, searching and delivering the winning value on the new innovation value scale of ‘new generation activity’ from recognizing how we balance out exploitation (extending the life) and exploration (new understanding). Each is often competing for scarce resources, a constant interplay.

Innovation 100

Innovation Resources Design Management 100

Innovation 360 Group

SEPTEMBER 11, 2018

The process of realising innovation rarely happens in a linear manner. Our research has shown that radical innovators (those that create aspire to realise significant change) are far more rigorous and struc t ured in the ir approach and use of process than those that pursue only incremental innovation (gradual change).

Ideation 45

Ideation Radical Innovation Groups Learning 45

Paul Hobcraft

MAY 18, 2016

So they test its various components and their combinations—its customer value proposition, profit formula, key resources, and key processes—in controlled experiments in tightly circumscribed markets, learning as they go and making adjustments. They know that no new-business model is perfect from its inception.

Underperforming Technical Team 124

Underperforming Technical Team Innovation Strategy Strategy 124

Paul Hobcraft

MAY 18, 2016

So they test its various components and their combinations—its customer value proposition, profit formula, key resources, and key processes—in controlled experiments in tightly circumscribed markets, learning as they go and making adjustments. They know that no new-business model is perfect from its inception.

Underperforming Technical Team 124

Underperforming Technical Team Innovation Strategy Strategy 124

Gregg Fraley

AUGUST 1, 2018

The MoshPit system seeks to find combinations of concepts that lead to innovation. Digital technology holds promise to improve, or radically innovate, many areas of an organizational value chain. To discover radically new applications for digital tech what’s needed is taking a comprehensive look across all operations.

Technology 50

Technology Internet of things Ideation Artificial Inteligence 50

Innovation 360 Group

MAY 10, 2016

In the mid-term perspective, tomorrows growth business, called Horizon 2 (H2) you need more entrepreneurial and risk willing leadership styles for innovation, such as the Cauldron or the Fertile Field, focusing on expansion of the current business and more radical innovation. Figure 2, Applying the Three Horizon Model.

Leadership 40

Leadership Radical Innovation Underperforming Technical Team Innovation 40

Integrative Innovation

JUNE 15, 2017

Lippitz the term is defined as the process by which teams within an established company conceive, foster, launch and manage a new business that is distinct from the parent company but leverages the parent’s assets, market position, capabilities or other resources.

Entrepreneurship 92

Entrepreneurship Innovation Culture Disruption 92