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Constructing the innovation mandate

Paul Hobcraft

It is our ability to consistently capture, build and develop new ideas within organizations or in open collaborations with others that have a direct effect on revenue growth and the ability to provide future sustainability. So often innovation struggles to be recognized for what it is.

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How an Innovation Accelerator Can Supercharge Your Company’s Innovation Strategy

Qmarkets

Unlike traditional methods of innovation, accelerators focus on speed, providing the resources, mentorship, and infrastructure that internal teams or startups need to rapidly bring their ideas to market. This network not only guides the teams but also opens doors to additional resources and market opportunities.

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Deepening the Thinking Around the Innovation Mandate – part two

Paul Hobcraft

Resource allocation: The innovation mandate should outline how resources, including funding, personnel, and technology, will be allocated to support innovation initiatives and where these will be drawn down from and the “equity of resources” shared so this is a collaborative endeavour.

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Powering Up Your Strategy: Success Factors for Executive Team Offsites

Leapfrogging

Beginning with clarity of purpose and the selection of an environment that fosters collaboration and creativity, you can set the stage for a successful strategic planning session. These techniques help in creating an environment that fosters collaboration, innovation, and strategic thinking among leaders.

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Choosing the Right Path: Building vs Buying Value Stream Integration Software

Planview

In today’s fast-paced software development landscape, the race to streamline workflows, reduce waste, optimize processes, and boost collaboration is more urgent than ever. Enhanced Collaboration: Communication and cooperation among cross-functional teams, vital for agile development, is easily facilitated.

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Leveraging New Ventures for Innovation

Integrative Innovation

On the other hand, by engaging with established firms, a startup acquires capabilities to develop and scale their business, e.g. supply chain and production capacity, sales and marketing channels and last but not least an existing customer base. But what kind of engagment with new ventures should be pursued?

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Digital transformation examples

Board of Innovation

2 Reasons: to accelerate the market and to make their technology the standard. Difference with ‘just an e-store’ is the creation of a totally new brand without any technical support.) This increases the company’s software product offerings, but it also enables the company to tap into previously inaccessible markets.