article thumbnail

Connecting innovating value comes from Ecosystem thinking

Paul Hobcraft

We are witnessing a very radical change, driven by technology, increasingly disrupting and breaking down past traditional boundaries, partly built to defend positions so as to achieve economic scale. These are: The constant exponential of technology and its power to change is forcing up to change.

article thumbnail

Treat Your Innovation Pipeline just like your Sales Pipeline

Destination Innovation

Estimates for each of these questions enable a total sales forecast to be assembled and reviewed. The pipeline is regularly reviewed at executive level. Can we crack the technology? This is reasonably straightforward for incremental innovations but particularly hard for radical innovations.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

To do this, technology adoption and diffusion across the ecosystem needs to improve dramatically. The WEF wants to create a neutral, learning platform, which provides the best technical and organizational insights with respect to 4IR technologies in manufacturing to accelerate the delivery of the benefits, to give a sort of safe harbor.

Industry 213
article thumbnail

Can AI Help Your Company Innovate? It Depends

Harvard Business Review

To investigate what kinds of innovation AI worked with, the authors performed two studies: first, a survey of 331 firms for practices on process improvement and new technology development, and second, an archival analysis of patent data on new technology development for a broader sample of more than 2,000 publicly traded firms.

Company 143
article thumbnail

The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

Technology offers them the transforming means but can they, as leaders, take their people with them? Yet the prize can be a sustaining competitive position unable to be matched due to this ecosystem lock-in of vested parties. I certainly believe the ecosystem approach will increasingly become the main stream for innovation delivery.

article thumbnail

The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

Technology offers them the transforming means but can they, as leaders, take their people with them? Today we do have this tantalizing prospect, full of innovation promise, well within our reach with today’s technology potential. Today larger organizations are having to face the stark truth. Either they adapt or die.

article thumbnail

What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

The survey exposes the myth that innovation is not one of the three top challenges, innovation ranks fifth as it follows the more conventional concerns of managing talent as the top (and that did surprise me) and regulatory and competitive threats. Innovation is full of rhetoric and hot air.

Report 212