article thumbnail

Building Capacity for Breakthrough Innovation

Innov8rs

This distinction is crucial because the management systems, support structures, and resources required to nurture breakthrough innovations differ significantly from those needed for more incremental changes. Organizations must develop a capability for breakthrough innovation that goes beyond traditional R&D functions.

article thumbnail

Calling all innovators: Africa’s electricity market is ripe for market-creation

Christensen Institute

Falling costs in renewable energy is bringing it within Africa’s reach; yet minimizing the number of people lacking access to electricity, and modernizing and promoting sustainable clean energy across Africa will still require radical innovation improvement. To be successful in the food industry (i.e.

Marketing 116
Insiders

Sign Up for our Newsletter

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

article thumbnail

So Where Is Innovation Heading?

Paul Hobcraft

This needs significant process redesign and the redesign into small, nimble teams and cross-trained groups who collectively gather around a problem to solve it and then disperse and reform in different shape and form to address the next need. The road you take will decide where innovation is heading for you.

article thumbnail

PESTLED360: Iron Out Key Driving Forces in Your Current Environment and Anticipate Future Ones

Innovation 360 Group

Alternatively, Innovation Strategic Initiatives (those that need to be explored) are the hunting ground for innovation, which typically is what we call radical innovation. Incremental and radical innovations can be anything from services and products to business models and processes.

article thumbnail

Official Launch of the PESTLED360

Innovation 360 Group

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. Incremental and radical innovations can be anything from services and products to business models and processes.

article thumbnail

Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

Depending on the day, the machine may break and need maintenance or an adjustment, the line settings may need to be modified for a specific product or run, or the operator may need to step away to resupply the line or be trained on a new procedure. In 4IR transformed manufacturing sites this is no longer the case.

Industry 213
article thumbnail

DON’T LISTEN TO YOUR CUSTOMERS!

Innovation 360 Group

The Second Innovation Horizon is where you develop ideas from the Third Innovation Horizon into practical competitive advantages as you experiment with new capabilities and new lines of business. In the coming 8 exercises, we are going to train how to become a better business anthropologist.