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Seven Strong Reasons not to Innovate

Destination Innovation

If you want to stop your organisation from trying to develop significant new products or services then here are seven solid arguments you can rely on. Innovations absorb resources and cost money. Innovation is risky. Most radical innovations fail so let’s just keep making our current products and services better.

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Developing a new framework for risk and innovation.

Paul Hobcraft

Risk management for innovation needs to evolve to keep pace with the changing demands and pace of change we are undergoing in business challenges. Mark Johnson of Innosight wrote a great article some time back that still holds true today, in its observations, on how poorly the relationship between risk management and innovation is understood.

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Developing a new framework for risk and innovation.

Paul Hobcraft

Risk management for innovation needs to evolve to keep pace with the changing demands and pace of change we are undergoing in business challenges. Mark Johnson of Innosight wrote a great article some time back that still holds true today, in its observations, on how poorly the relationship between risk management and innovation is understood.

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Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

It drives innovation to a transactional level and leads organizations to seek the perceived lower risk of acquiring new ideas vs developing them in house. Those that follow this model often collaborate with FinTechs and start-ups through various means: innovation fairs, competitions, and small seed investments, to identify prospects.

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Managing Change Despite Uncertainty

Innovation 360 Group

The second recognizes all of the organization’s internal forces, including preparing and motivating stakeholders to handle the reality of radical innovation. The third is concerned with micro-level of developing stronger innovation skills within project teams. The Roles of Leadership and Team Aspirations.

Change 51
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I keep arguing we all need to seek out innovation alignment

Paul Hobcraft

That is plainly wrong, not knowing the strategic objectives it is one of the principle causes of innovation failure and requires fixing. This poor strategic understanding creates a lack of alignment and directing innovation. This requires senior management attention because of the significant organisational impact.

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Seeking fresh winds and new directions

Paul Hobcraft

It is often really hard to let go, the environment was something you had become used to, you accepted and become resigned to its weaknesses and constantly exploited its possibilities or even possibly the other way round. Let me explain: Innovation however, doesn’t work in many of our normal processes and procedures.