Remove Agile Remove Innovation Processes Remove Open Innovation
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Pitch me on why Innovation Ecosystems are better than my present open innovation approach

Paul Hobcraft

Pitching the reasons to change to Innovation Ecosystems in thinking and design So after working through the values of the Innovation Ecosystem over a series of three posts I asked Chat GPT to help me in making a pitch for the change from existing internal orientated innovation processes and structures.

ChatGPT 113
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Recognizing the distinguishing points of Innovation Ecosystems

Paul Hobcraft

What distinguishes an Innovation Ecosystem from Open Innovation? Within a short series about Innovation Ecosystems this post asks what really are the distinct differences within innovation ecosystem thinking and design, to provide a set of common distinguishing points to move from “just” open innovation.

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70-20-10 Innovation Rule Template

Leapfrogging

Designing tailored processes for idea selection, development, and scaling. For example, core innovation might follow an agile project cycle, while disruptive innovation could use design thinking or open innovation models. Quarterly or biannual portfolio reviews help maintain agility and relevance.

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Recognizing the Building Blocks of Innovation

Paul Hobcraft

Many tools, techniques, frameworks, mechanics, and emerging methodologies have allowed different parts of the innovation process to be explored and exploited. We are moving innovation along but not at a pace or design that reflects the need to connect “it ” into one comprehensive process.

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Implementing Open Innovation: Insights from Ariana Smetana of AccelIQ Digital

Qmarkets

Open innovation is a core strategy for transformative growth amongst a growing number of enterprise companies around the world. The days of boardrooms and R&D departments keeping innovation under lock and key are waning, as companies are increasingly preferring a more collaborative approach with startups and other external parties.

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Jumping to a fresh cycle of innovation design

Paul Hobcraft

In my opinion, it needs to be based on the thinking around the shift from products to solutions, from transactions to building far more value-adding ongoing relationships, from a supplier of product services into highly valued network partnerships, exploring innovation across all options. We need to design our systems to be highly agile.

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Recognizing that Gen AI will be the innovation game-changer

Ecosystems4Innovating

Enable Autonomous Innovation Processes : With advancements in self-supervised learning and few-shot adaptation, generative AI could eventually handle end-to-end innovation workflows with limited human intervention. This could revolutionize the speed, scale, and adaptability of the innovation process itself.