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My multipliers for innovation at the Front End of Energy

Paul Hobcraft

For me, it is the ability to apply the “multiplier effect” to any discovery and validation that accelerates the understanding of where the potential growth and impact points of a new business opportunity can occur. These insights and recommendations provide the triggering points for seeing fresh opportunities in growth.

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Working together to shape innovation for meaningful change

Paul Hobcraft

Values Values gained by Adding Relevant Knowledge : Emphasize that staying informed and continuously learning opens up new opportunities and helps your organization stay competitive, leveraging diversity of opinions, experience and insights. Use tools like brainstorming sessions or interdisciplinary teams to encourage diverse insights.

Change 173
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My multipliers for innovation at the Front End of Energy

Paul Hobcraft

For me, it is the ability to apply the “multiplier effect” to any discovery and validation that accelerates the understanding of where the potential growth and impact points of a new business opportunity can occur. These insights and recommendations provide the triggering points for seeing fresh opportunities in growth.

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Boosting Innovation: Harnessing AI for New Product & Service Development

Leapfrogging

The Intersection of AI and Innovation Management Defining Innovation Management with AI Innovation management refers to the process and activities that organizations use to manage and nurture new ideas into marketable products and services. Consumer Insights AI can analyze consumer data to uncover hidden preferences and needs.

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We need to shift from scalable efficiency to scalable learning.

Paul Hobcraft

A fair time back two researchers, Cohen and Levinthal (1990) pioneered the concept of absorptive capacity , further defined as the ability of an organization to identify, value, assimilate, and apply new knowledge. There are plenty of tools out there that need to bring ‘in-house’ as standard service delivery platforms.

Learning 363
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What makes the Innovation Ecosystem different?

Paul Hobcraft

These are complex challenges where high levels of collaboration, knowledge exchange and discovery are essential. The dynamics (within) innovation discovery and implementation are changing; the global scale is transforming much. We move quicker to scale, in knowledge, research, experimentation and piloting, more simultaneous.

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Innovation Building Block #3: Discovery, exploration and novelty

Jeffrey Phillips

Today I am writing about the third building block: introducing discovery, exploration and novelty to your innovation work. For many businesses, discovery and exploration belong in the R&D group, if anywhere, and novelty is rarely embraced. Let's examine some of the challenges to discovery, exploration and novelty.