Jeffrey Phillips

NOVEMBER 27, 2018

Whole product (1.0) It turns out that most of the market prefers well-conceived and fully developed solutions rather than core technologies. When the technology is finally wrapped in the additional features, services, offerings and data that make up a "whole product" then the vast majority of the market is willing to acquire.

Technology 174

Technology Data Product Innovation Tips 174

Paul Hobcraft

MARCH 23, 2019

They have had a model of a constant growth success for years but it is getting harder as the market is fragmenting and looking for greater flexibility within the range of solutions. The IM software market is stirring. They want to navigate the new world order of digital disruption. For me, Sopheon has the right vision.

Innovation Management 200

Innovation Management Management Software Review Software 200

Jeffrey Phillips

JANUARY 7, 2019

I wrote my obligatory look back at 2018 article on innovation recently, so it is natural that we should turn our attention to where innovation will take us in 2019. In the 2018 review I made some disparaging remarks about Apple, which may or may not have caused it to lose a tremendous amount of market capitalization.

Innovation 203

Innovation Data Product Innovation Strategy 203

IdeaScale

MAY 28, 2019

They can help client businesses construct strategies and business plans that realign goals around a culture of innovation. They may also advise on innovation culture, ideation processes, and identification of new markets. Innovation consultants earn around $97,000 per year. Chief Innovation Officer.

Leadership 164

Leadership Innovation Training Crowdsourcing 164

Jeffrey Phillips

DECEMBER 5, 2022

The traditional way of thinking about this, which is really just a loose rule of thumb, is to suggest that companies SHOULD plan for 70% of their innovation efforts (and hopefully, results) to be focused on incremental innovation, and 20% on transformative innovation and 10% on disruptive innovation.

Disruption 111

Disruption Innovation Industry Marketing 111

Paul Hobcraft

MAY 22, 2017

The evolving innovation lab. We are entering a new innovation era as the conditions for this are coming together. I have written about these in an earlier post , detailing out these market conditions all forming into this new era that has been building progressively in my mind, to come to this new innovation point occurring.

System 160

System Collaboration Innovation Design 160

Jeffrey Phillips

AUGUST 15, 2017

Innovation comes from outside It may not seem evident at first, but virtually all radical and disruptive innovation originates from outside an industry's boundaries, by people who often weren't even in the industry, who were serving other clients or other needs and saw a way to serve a new set of customers or solve a new set of needs.

Disruption 133

Disruption Industry Culture Course 133

Paul Hobcraft

SEPTEMBER 2, 2018

Increasingly, there is this recognition that the competitors seem to be moving faster towards becoming more digital, so it then becomes a race to catch up, as this “digital advantage” is increasingly eroding competitive advantage for the digital laggard, even if he is today the market leader.

Industry 213

Industry Technical Review Design Innovation 213

Jeffrey Phillips

JANUARY 10, 2017

Determine what innovation should do for you In the past, all innovation was focused on product innovation, to create new and better products. The real impact (and real return) is in business model, experience and service innovation. Disrupt someone else, increment within your existing markets and segments.

Company 100

Company Innovation Disruption Open Innovation 100

Innovation Excellence

JUNE 27, 2017

So, how does your Marketing serve your innovation? Does it define clearly and collaboratively? Does it integrate desirability, feasibility and viability in an optimal manner? Does it communicate with clarity and impact?

Marketing 71

Marketing Innovation Collaboration Product Innovation 71

Jeffrey Phillips

DECEMBER 11, 2019

So the question becomes - will there be a sustained push for more innovation, and will there be a need for more external assistance? I think there will remain a focus on innovation, but with different agendas and motives. A good friend, Drew Boyd, who is no slouch at innovation himself, suggested that innovation moves in cycles.

Artificial Inteligence 147

Artificial Inteligence Agile Disruption Company 147

Leapfrogging

DECEMBER 10, 2024

Importance of Innovation in Today’s Business Landscape Innovation is not just a buzzword; it’s the fuel that drives businesses forward in a competitive and ever-changing marketplace. Your ability to innovate determines the sustainability and growth of your company.

Product Development 100

Product Development Strategy Strategy Artificial Inteligence 100

Jeffrey Phillips

JUNE 30, 2015

Take innovation for example. No matter where you turn companies and experts are creating all sorts of innovation dichotomies. Products or services? Incremental or disruptive? On the other hand, very little innovation in corporate levels is focused on transformation or disruption. Exploit or Explore?

Innovation 100

Innovation Disruption Competition Agile 100

Paul Hobcraft

DECEMBER 3, 2018

This could be in a new plant, in where production should be situated, so it can be allowed to scale at a later date, in resources able to achieve scale or more importantly you scale according to the type of goods or demand so they can be readily available, closer to the market they are needed. The scale has to respond accordingly.

Innovation 222

Innovation Software Review Design Engagement 222

Jeffrey Phillips

DECEMBER 16, 2016

At this point in business evolution, every CEO understands the need for more innovation. After a decade of reading about it, getting pounded over the head with the Jobs/Apple story and watching new innovations disrupt entire industries, businesses are starting to react. Innovation does require creativity and expansive thinking.

Roadmap 130

Roadmap Underperforming Technical Team Innovation Disruption 130

Jeffrey Phillips

SEPTEMBER 14, 2021

But recognizing, validating and implementing new ideas IS hard, and this is why innovation will always be the strange uncle corporations keep in the attic. Every company wants more innovation, to drive better revenue, profits and market share. Innovating once is easy, innovating consistently over time is difficult.

Agile 120

Agile Innovation Marketing Culture 120

Paul Hobcraft

MARCH 7, 2018

They see a market is in that specific need of the Amazon treatment, then they are on it. gross domestic product (GDP). Structure a viable market for investment opportunities where competitive returns can be demonstrated that yield attractive returns and reverse current cost acceleration.

Innovation 196

Innovation Technology Change Data 196

Paul Hobcraft

FEBRUARY 15, 2021

Innovation is our 100% of our focus and we can, without question , advance your knowledge and insights across all of its complexities to be simplified through our workshops, dialogues and discovery approaches. Building the workshop it is deliberately designed to help you need to think through many areas of productive innovation opportunity.

Design 243

Design Engagement Creativity Collaboration 243

Jeffrey Phillips

MARCH 23, 2016

From the data presented it's clear that "innovation" is still defined very narrowly, as improvements to existing products and services. So we are supposed to believe that more companies are doing more innovation, while risk aversion is growing? I applaud Accenture for its honest assessment of the state of innovation.

Survey 100

Survey Disruption Innovation Engagement 100

Legacy Innovation Group

APRIL 1, 2019

When Disruptive Innovation Gets Disrupted. Your organization has conceived the perfect idea for a new product innovation. In fact, it will be the most disruptive innovation in this product category in decades. Apr 04, 2014 | Anthony Mills. Imagine the following scenario.

Disruption 40

Disruption Innovation Technology System 40

Qmarkets

AUGUST 23, 2023

What do you think about when you hear the word innovation ? For many people, it evokes brands that created something so new that it changed the way we interact with certain products or services forever: Uber. First Things First: What is Incremental Innovation? Let’s get started. It is also known as continuous improvement.

Examples 98

Examples Innovation Disruption Innovation Programs 98

Jeffrey Phillips

FEBRUARY 5, 2018

There's an old marketing adage that you sell the sizzle, not the steak. I wonder, as I watch Super Bowl television ads, how many marketing people have forgotten the basic tenets of their craft. What's missing is the desire to put in the work to change the existing business model, disrupt existing revenue streams and products.

Marketing 113

Marketing Innovation Processes Tools Trends 113

Jeffrey Phillips

FEBRUARY 10, 2016

By growing large you can distribute costs more effectively, serve more customers from the same basic set of products, scale revenues and introduce efficiencies and command market power and dominate sales channels. In a market where size matters, only a few players dominate and the rest compete for the leftovers. Absolutely not.

Underperforming Technical Team 100

Underperforming Technical Team Innovation Disruption Competition 100

Jeffrey Phillips

FEBRUARY 16, 2016

So many companies make so many claims about innovation, and yet so few are really, deeply engaged in innovation. In the next decade we'll say goodbye to some of the firms who are talking about innovation but aren't exercising the muscles. Disruption and market transformation will occur (will?

Innovation 100

Innovation Brainstorming Disruption Engagement 100

Jeffrey Phillips

SEPTEMBER 14, 2015

I'd like to argue that the nature and pace of innovation is always accelerating, and is evolving more rapidly as we have more and more information around us. But there's another point to consider: the nature of incremental versus disruptive innovation. Take this last point for example. What does this all mean?

Technical Review 100

Technical Review Innovation Disruption Technology 100

Innovation Excellence

JULY 20, 2016

At the recent ISPIM conference, I sat in several presentations ostensibly describing approaches to disruptive innovation when, in reality, it was difficult to see what (a market or a company) was actually being disrupted. They were really talking about breakthrough or radical innovation.

Disruption 40

Disruption Radical Innovation Conference Marketing 40

Jeffrey Phillips

JANUARY 29, 2016

This is both exciting and terrifying at the same time, because innovation needs to move beyond product innovation, but there comes a time when the reach far exceeds the grasp, and innovation goals or targets become unreasonable. I'm actually glad to see the increasing focus on innovation other than product innovation.

Innovation 100

Innovation Technical Review Product Innovation Industry 100

Tim Kastelle

MARCH 7, 2016

Reinvention through business model innovation. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the perfusion of new technologies, lead to decreasing life times of existing business models. Platform business models tend to affect, oftentimes disrupt, multiple industries over time.

Innovation Management 100

Innovation Management Management LEAN Technical Review 100

Jeffrey Phillips

FEBRUARY 1, 2016

A decade on corporate leaders are still trying to get their heads around innovation, and decide whether it's a cultural phenomenon, or a process and tools issue, or something to do with design, and how it all links into strategy, all the while trying to isolate the disruptive aspects of innovation from the engine of profitability and efficiency.

Disruption 100

Disruption Innovation Culture Tips 100

Innovation Leader

MARCH 15, 2017

Most people operate markets where outcomes are unpredictable and new competitors can disrupt your entire business. Find out what on Ericsson exec had to say.

Product Innovation 40

Product Innovation Disruption Marketing Innovation 40

Leapfrogging

DECEMBER 10, 2024

The ability to analyze large datasets, identify trends, and predict outcomes has made AI an indispensable tool for businesses seeking to innovate and stay competitive. Strategic Agility: AI’s predictive analytics can help you anticipate market changes and quickly adapt your strategy, ensuring your business remains agile and resilient.

Artificial Inteligence 100

Artificial Inteligence Strategy Strategy Technical Review 100

Paul Hobcraft

NOVEMBER 6, 2017

Rick points out: “Corporate innovation efforts by and large continue to fall far short of moving the needle in any significant, sustained way or of delivering on the promise of future-proofing companies against ever-increasing disruptive forces. It has focused on supporting and reinforcing single entity product innovation.

Innovation 157

Innovation Leadership Strategy Strategy 157

Jeffrey Phillips

NOVEMBER 4, 2016

Perhaps the innovator identified the right needs but was too early or too late in the market or technology window. That is, they are independent, discrete products when a customer seeks a comprehensive, seamless solution. It isn't because the product fails to meet specific targets or price points.

Data 100

Data Product Innovation Technology Marketing 100

Qmarkets

JANUARY 17, 2023

For vehicle manufacturers and service providers in the global transport industry right now, innovation isn’t so much optional as existentially vital. In this blog, we’ll explore some of these trends and make a case for an effective innovation management program to capitalize on them. Take sustainability. What do they expect from you?

Industry 98

Industry Trends Innovation Technology 98

Jeffrey Phillips

JUNE 16, 2021

Again, Pareto raises his head to say less than 20% of your people are even reasonably prepared to do interesting innovation work. I am talking about Horizon 2 and Horizon 3 (transformative and disruptive innovations), which of course can come in a variety of types - Doblin identifies ten types of innovation.

Innovation 111

Innovation Trends Survey Course 111

Paul Hobcraft

AUGUST 11, 2015

The realization that innovation goes way beyond product innovation is a massive hurdle for many of our existing organizations to overcome, certainly in what they are offering today as solutions. There is this new set of challenges confronting us.

Innovation 100

Innovation Competition Disruption Collaboration 100

Jeffrey Phillips

NOVEMBER 4, 2015

Yet, within the DRAM and microprocessor markets and some other product lines, there was very little product innovation. We created very little that was new, preferring instead to drive out costs once someone else had established the market. Other consultants have rightly noted that you cannot "mandate" innovation.

Innovation 100

Innovation Strategy Strategy Management 100