Remove Big Data Remove Innovation Processes Remove Trends
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Six million dollar innovation

Jeffrey Phillips

As markets, technologies and competitors accelerate, as customers increase their demands, you'll be faced with either speed up the innovation process and generate more new products and services at greater speed or you will be the dinosaur. This isn't hyperbole. This is a fact.

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New Year’s Resolution: Catch Up on These Must-Read Innovation Blogs from 2019

IdeaScale

Discover how re-thinking your office design may be the spark for inspired innovation in this blog. Emerging Trends Impacting the Financial Sector in 2019. Crowdsourcing and open innovation are gaining ground in the financial industry. Explore emerging trends in the financial sector with this insightful article.

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So Where Is Innovation Heading?

Paul Hobcraft

They point out that since 2014, only four types of innovation and that are all related to digital, have grown increasingly in importance in their pursuit by companies. Even though this is a trend for all, there is a growing digital divide. So the need to innovate comes from digital as the source.

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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. Open Innovation 2.0

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Valuing digitization alongside innovation

Paul Hobcraft

Our innovation insights are badly lagging, with the effect being the solutions offered are not ‘tuned’ into the present and anticipated needs, as they often lack dynamic data. We need to digitize our innovation activities fully. Digitalization has combined with innovation to make product and services more dynamic.

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Barriers to innovation, the cause and effect.

Paul Hobcraft

Innovation is one of those activities that constantly “swim against the currents of the dominating culture of the organization” We cripple our creative process as it is often not visible or transparent; the innovative process can be seen as a “black box” by many in the organization; they only can judge the end result.

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Strategic Planning and the Demand for Innovation

Leapfrogging

Check out our article on mixing business strategy with the innovation process. The Perks of Innovation in Your Game Plan Let’s face it: innovation is the secret sauce in any killer business strategy. Swing by our connecting business strategy and the innovation process page.