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Recognizing the distinguishing points of Innovation Ecosystems

Paul Hobcraft

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. This speed can be a critical differentiator in competitive industries.

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Porter’s Diamond Model in Business Strategy

Leapfrogging

Porter’s Diamond Model: A Practical Guide for Strategy Projects The Diamond Model , developed by Michael Porter , is a strategic framework that helps businesses and policymakers understand the factors that influence a nations competitive advantage. Identify competitive advantages based on local conditions.

Strategy 130
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Context Map Canvas Template

Leapfrogging

The Context Map Canvas is a strategic tool designed to help organizations understand and navigate the external factors that influence innovation and business performance. This tool is especially valuable in fast-paced industries or during periods of transformation, where understanding context can be the key to staying competitive.

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Scenario Planning Template for Business Strategy

Leapfrogging

A well-designed scenario planning process ensures that companies: Identify key uncertainties and their potential impacts. For example, Shell Oil has used scenario planning for decades to navigate uncertainties in the energy industry, helping the company adapt to fluctuations in oil prices, environmental policies, and geopolitical conflicts.

Strategy 130
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Gaining a Different Perspective on Innovation through Platforms, Blocks, and Stack Designs

Paul Hobcraft

My fun has been piecing these together to lead me to my suggested Vertical and Horizontal Framework for achieving a different innovation management design. Innovation Ecosystem in thinking and design has been emerging for me The value of ecosystem thinking and design to innovate solutions cannot be overstated.

Design 182
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Contingency Planning Template for Business Strategy

Leapfrogging

A well-designed contingency plan should: Identify potential risks and disruptions that could impact the business. Improves regulatory compliance Helps businesses adhere to risk management policies. Flexible remote work policies for business continuity. Regulatory changes New government policies, compliance requirements.

Strategy 130
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Thinking about innovation and strategy

Jeffrey Phillips

It's just one of several, but I think I like it the best: a plan of action or policy designed to achieve a major or overall aim. Several important things to note about this definition: It is a plan of action or a policy - that is, strategy is extenuated over a period of time. Strategy is not a momentary action or a project.

Strategy 219