Paul Hobcraft

OCTOBER 17, 2024

This shared risk allows for bolder experimentation and innovation, as the potential downsides are not borne by a single entity. Innovation Speed and Efficiency Accelerated Development Cycles : The shared resources, knowledge flows, and collaborative environment of an ecosystem significantly speed up the innovation process.

Technical Review 140

Technical Review Innovation Collaboration Policies 140

Paul Hobcraft

MARCH 23, 2020

In this period of such disruption, we do need to hang onto our beliefs, objectives, and goals, both short and long term. In any innovation process, these “proof points” become “go / no go” decisions. The innovation process becomes a clearly defined and well-disciplined one; it has to be.

Innovation Processes 187

Innovation Processes Innovation System Design 187

Leapfrogging

DECEMBER 10, 2024

Understanding Innovation Innovation is the lifeblood of businesses seeking to thrive in a rapidly evolving market. It is the driving force behind the competitive edge that allows companies to stand out and meet the ever-changing demands of their customers. Understanding these challenges is the first step toward overcoming them.

LEAN 100

LEAN Underperforming Technical Team Artificial Inteligence Agile 100

Leapfrogging

NOVEMBER 8, 2024

To keep your business on top of its game, you need to understand how innovation and strategic planning work together. It’s not just about rolling out fancy new gadgets or services; it’s about rethinking how everything ticks in your company. They make sure your company stays in the game, no matter how much the market shifts.

Innovation 113

Innovation Agile Creativity Brainstorming 113

IdeaScale

MAY 23, 2017

Disruptive isn’t a dirty word, but it can be a scary one. Why does the word “disruptive” raise such fear among so many people? Uttering “disruptive” during a meeting can get you looks more along the lines of profanity. At the same time, disruptive innovation is what makes our lives better. Mindful Disruption.

Disruption 100

Disruption Open Innovation Industry Innovation Processes 100

Leapfrogging

MARCH 21, 2025

Innovation is no longer optional in todays fast-paced business landscape. Companies that fail to adapt risk becoming obsolete in an environment where customer preferences, market trends, and technological advancements shift rapidly. Lead Successful Change Management Projects!

Agile 130

Agile Innovation Project Leadership 130

Paul Hobcraft

OCTOBER 1, 2018

When they are constantly scanning reports on the “state of innovation” it can often lull them, to give some that warm glow, others quickly being dismissive, disregarding many of the key messages as “not applicable to me”. Then disruption suddenly hits. Now that is very disappointing but what do we expect from innovation?

Report 212

Report Innovation Survey Disruption 212

Idea to Value

JANUARY 7, 2022

It might seem like a straightforward question, but it is fundamental to whether a company will end up succeeding at innovation or failing. After all, if innovation is so important, should it not get its own department? Companies that survive do both. Here are a couple of options seen at various companies over time.

Underperforming Technical Team 309

Underperforming Technical Team Innovation Resources Project 309

Paul Hobcraft

APRIL 6, 2021

Let me outline these here and some of their observations of why the innovation narrative is so important. They point out, “ these have merit but if you have no understanding of your company’s innovation narrative is tantamount to going from symptoms to surgery without a diagnosis.”

Innovation 318

Innovation LEAN Engagement Innovation Processes 318

Qmarkets

APRIL 28, 2017

Sometimes it seems like organizations, even large enterprises, live and die by their ability to create disruptive innovations that completely redraw the market landscape, putting them at the forefront. Disruptive vs. continuous innovation. hours instead of 7 hours was truly a groundbreaking innovation.

Disruption 76

Disruption Software Review Technical Review Software 76

Qmarkets

JULY 8, 2017

The term ‘Digital Disruption’ describes the situation where an existing industry is being altered by emerging digital technologies. These new technologies lead to innovations, often creating new markets and value markets that can impact the established leaders in the industry. caption] Fighting Fire with Fire.

Disruption 73

Disruption Underperforming Technical Team Crowdsourcing Case Study 73

Idea to Value

MAY 18, 2020

I recently met with a very successful company that is seen as a highly innovative global pioneer that others in their industry, which is facing many structural headwinds and inevitable changes, look up to. This is actually a very common approach, but we’ve yet to see a single company that would be very successful with it.

Innovation 363

Innovation Underperforming Technical Team Ideation Culture 363

Paul Hobcraft

SEPTEMBER 15, 2017

We design the innovation system we need after we know what we are trying to achieve in the challenge or idea. Can we design a totally ‘adaptive’ innovation process to fit the specific need? A radically different orchestration of innovation – highly networked, fully connected-up. We “pull down” what is needed.

Design 232

Design Technical Review Innovation Agile 232

Idea to Value

NOVEMBER 12, 2020

While all of these are still extremely desirable assets, they no longer guarantee a sustainable competitive advantage for most companies. In the last few decades we’ve obviously seen many examples of companies with competitive advantages that seemed impossible to overcome completely break down in a matter of few years.

Competition 300

Competition Innovation Software Marketing 300

Jeffrey Phillips

DECEMBER 14, 2018

This has a lot to say about corporations becoming more innovative - you can't simply bolt on an innovative process to a conservative "body" and expect the two to work together seamlessly. And when the innovation capability takes on more interesting and risky propositions than the rest of the company can bear, what happens?

Innovation 160

Innovation Disruption Analysis Innovation Processes 160

Qmarkets

AUGUST 2, 2024

Imagine a company as a ship navigating through uncharted waters. The same is true for innovation within an organization. Innovation process models serve as navigational charts, guiding businesses from idea inception to successful execution. What is an Innovation Process Model?

Innovation Processes 52

Innovation Processes Innovation Innovation Management Disruption 52

Qmarkets

NOVEMBER 1, 2024

With digital disruption accelerating across industries, traditional, closed approaches to innovation no longer suffice for most companies. In fact, research shows that companies practicing open innovation achieve faster time-to-market and often realize higher revenue from new products.

Open Innovation 52

Open Innovation Software Innovation Management Strategy 52

Qmarkets

APRIL 1, 2025

This article explores the role of an idea evaluation matrix in the broader idea management process, detailing what it should includesuch as weighted scoring for fair assessment. Youll also learn how to integrate an idea classification matrix into your innovation process, ensuring that the best ideas receive the attention they deserve.

Software Review 59

Software Review Underperforming Technical Team How To Ideation 59

Jeffrey Phillips

SEPTEMBER 27, 2021

Over time, as innovation has matured somewhat, many innovation consultants began to reference Doblin's Ten Types model. This is a great mode that I constantly refer back to with my clients, to convince them to think about innovation beyond product innovation.

Innovation 201

Innovation Agile Product Innovation Software 201

Jeffrey Phillips

JUNE 15, 2017

Second, describe the benefit to the organization, business or community of an incremental change and/or a radical or disruptive change. What rationale do innovators have to work on interesting or disruptive ideas if they have no stake in the outcome? What are the outcomes we seek? We restrict that freedom from everyone else.

Innovation 157

Innovation Disruption Innovation Processes Culture 157

InnovationManagement

AUGUST 19, 2019

To stay on top, established organisations need to stimulate innovation. The post Drive Innovation by Disrupting the Existing Management Norms appeared first on Innovation Management. With the ever-increasing potential of modern technology, the next billion-dollar business could start from the comfort of someone’s home.

Disruption 84

Disruption Management Innovation Innovation Management 84

Qmarkets

JANUARY 31, 2025

Now, these solutions are disrupting industries in wealthier economies, proving that innovation thrives under constraints. Reverse innovation is more than a strategy for entering new marketsits a way to rethink how businesses approach problem-solving. What Is Reverse Innovation & Why Should Companies Embrace It?

Innovation 52

Innovation Agile Software Trends 52

Paul Hobcraft

MARCH 27, 2018

Many companies are still in denial or not wanting to address the significant legacy and change required. Innovation has gone from being islands of knowledge, developing new products and services exclusive to that one company, then quickly copied by the competitors, into something radically different.

Innovation 185

Innovation Radical Innovation Agile Design 185

IdeaScale

SEPTEMBER 13, 2018

Another question that needs exploring is where your company wants to go with this innovation. Remember that goals are to be reached for, and you don’t get there in one stride, but a careful consultation of your business strategy will offer some drivers for your innovation strategy. Know Your Goals. Plan For Execution.

Innovation Management 173

Innovation Management Management Innovation Strategy 173

Paul Hobcraft

MAY 9, 2023

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.

Artificial Inteligence 182

Artificial Inteligence Technical Review Innovation Agile 182

Qmarkets

MARCH 13, 2025

Value innovation takes a different pathit creates entirely new demand by delivering higher value at a lower cost, making competition irrelevant. Instead of fighting over market share, companies that embrace value innovation redefine industry norms and unlock new growth opportunities.

Examples 52

Examples Software Review Innovation Technical Review 52

Leapfrogging

AUGUST 15, 2017

Moving faster and cheaper when innovating new products and services ideas is the name of the innovation game. And believe me, those inventions were not disruptive in any way. The only thing that’s disruptive is customer adoption.”. A company like Amazon can obviously afford a few big misses and sales flops.

How To 133

How To Underperforming Technical Team Disruption Marketing 133

Moves the Needle

MARCH 13, 2019

In the assessment, we gauge: Leadership Alignment Culture Investment Customer Engagement Leadership Alignment The goals of the company as defined by the leadership must be aligned with transformation outcomes, or the transformation is over before it starts. How is your company structured? Ready to Take the Innovation Assessment?

Company 75

Company Innovation Leadership Disruption 75

Paul Hobcraft

JUNE 16, 2023

The thrust of the framework is “ Organizations can create a more comprehensive and effective innovation ecosystem by utilizing building blocks as components of the innovation stack, guiding platform development using the innovation stack, and supporting the innovation stack with a platform.

Agile 182

Agile Innovation Collaboration Design 182

Leapfrogging

JULY 2, 2017

A few weeks ago, Jeff Bezos voiced a dirty little secret about disruptive innovation: it’s not just about creating groundbreaking new products and services, it’s about creating groundbreaking new products and services that people actually want to buy. “At And believe me, those inventions were not disruptive in any way.

Underperforming Technical Team 127

Underperforming Technical Team Innovation Disruption Marketing 127

hackerearth

MARCH 5, 2018

The most common aspect of some of the innovative companies is that they are also high-performing organizations. While each of these organizations has its own distinctive path to innovation and success, there are some common threads that connect them. Innovation is a part of their organizational culture.

Company 77

Company LEAN Underperforming Technical Team Innovation 77

Qmarkets

JULY 11, 2024

Understanding Corporate Innovation Corporate innovation refers to the process through which companies introduce new ideas, workflows, methodologies, services, or products. It is a crucial element for companies to adapt, grow, and stay competitive. This involves: Identifying short-term and long-term objectives.

Software Review 104

Software Review Technical Review Strategy Strategy 104

Leapfrogging

JANUARY 5, 2017

So how do you really get everyone innovating in a way that drives real business growth? Set Small, Medium and Large Innovation Goals. It’s no secret the business world has become enamored by “disruptive” innovation. creating new digital customer experiences) and “disruptive innovation” (e.g.,

Tools 124

Tools Culture of Innovation Innovation Disruption 124

Qmarkets

DECEMBER 2, 2020

With this, companies can access an increasing amount of user data which provides valuable insights into users’ behaviors and preferences. Innovation Ecosystems Ideation is a powerful tool for innovation, but often this is the area where an organization’s innovation strategy starts and ends.

Trends 83

Trends Disruption Agile Innovation 83

Qmarkets

JANUARY 22, 2025

Radical innovation disrupts markets and creates entirely new categories. Today more than ever, companies must prioritize radical innovation to secure long-term success. What is Radical Innovation? How Does Radical Innovation Differ from Incremental Improvement?

Radical Innovation 52

Radical Innovation Examples Strategy Strategy 52

Jeffrey Phillips

MARCH 23, 2016

The Accenture article goes to great lengths to note that "US executives are unrealistic in believing they have the capabilities they need to achieve their bold innovation goals". The authors go on to suggest that "a significant gap exists between what companies want to do in the area of innovation and what they are able to do".

Survey 100

Survey Innovation Disruption Innovation Processes 100

Yet2

MARCH 18, 2021

In many ways 2020 defines the idea of disruption: the entire world went into lockdown, markets fluctuate, and every university and R&D department raced to innovate. Six months passed before we started seeing most of the innovations developed directly in response to COVID-19 hit the market. Stay Committed to Innovation.

Disruption 52

Disruption Innovation Resources Agile 52