Destination Innovation

DECEMBER 19, 2018

What will this innovation compete with? Can we crack the technology? This is reasonably straightforward for incremental innovations but particularly hard for radical innovations. We can then evaluate the total projected impact of our innovation pipeline. What technology challenges do we face?

Technical Review 218

Technical Review Innovation Radical Innovation Project 218

Paul Hobcraft

SEPTEMBER 2, 2018

To do this, technology adoption and diffusion across the ecosystem needs to improve dramatically. The WEF wants to create a neutral, learning platform, which provides the best technical and organizational insights with respect to 4IR technologies in manufacturing to accelerate the delivery of the benefits, to give a sort of safe harbor.

Industry 213

Industry Technical Review Innovation Design 213

Paul Hobcraft

OCTOBER 5, 2020

Then innovation can finally play its true part in discovering, leveraging and delivering new value and impact. We have to recognize the days of simple product innovation are dwindling. We can look towards managing more radical innovation design in ecosystems and networks, seeking to push existing boundaries.

Industry 222

Industry Innovation Collaboration Design 222

Integrative Innovation

MAY 26, 2014

For example, cordless telephones were a radical innovation relative to wired phones because they were based on a substantially new technology; however, their customer base was essentially the same. DVD players provide another example, as they used optics technology as opposed to the magnetic technology used in VCRs.

Radical Innovation 96

Radical Innovation Disruption Innovation Technology 96

Paul Hobcraft

APRIL 1, 2016

A lack of understanding innovation in all its forms is coming back to haunt them. They can’t seemingly handle radical innovation and there is even more of an imperative to learn. Radical innovation is defined here as: The report dug into the boards’ appetite for growth; how high is the bar?

Disruption 100

Disruption Radical Innovation Survey Report 100

Paul Hobcraft

SEPTEMBER 25, 2023

Today, innovation is seen as an open process, where organizations leverage external sources of knowledge, ideas, and feedback to enhance their innovation performance 1. Open innovation is the practice of sharing and using external and internal ideas to create value 2.

Artificial Inteligence 173

Artificial Inteligence Change Generative AI Innovation 173

Qmarkets

FEBRUARY 26, 2025

While some innovations introduce groundbreaking technologies or incremental improvements, disruptive innovation stands apart by transforming markets and displacing established players in unexpected ways. In contrast, disruptive innovation focuses on affordability and accessibility, gradually reshaping industries.

Disruption 52

Disruption Examples Radical Innovation Innovation 52

Qmarkets

MARCH 21, 2025

These breakthroughs often stem from scientific discoveries, technological advancements, or entirely new business models that open up unprecedented value. How It Differs from Other Types of Innovation Oftentimes, breakthrough innovation is used interchangeably with radical and disruptive innovation.

Change 52

Change Innovation Artificial Inteligence Crowdsourcing 52

Qmarkets

MARCH 13, 2025

This article explores what value innovation is, how it fits within blue ocean strategy, and real-world examples of how companies apply it. Well also break down the steps to implementing value innovation and examine how idea management and technology scouting can accelerate its success. What is Value Innovation?

Examples 52

Examples Software Review Innovation Technical Review 52

Gregg Fraley

AUGUST 1, 2018

New Service Offering for Digital Technology Innovation. Discover Ideas for Long Term and Tactical Innovation Projects. Chicago, IL, August 1, 2018 — The MoshPit Innovation Service is an innovation project discovery service marketed by GFi (Gregg Fraley Innovation). GFi guarantees its work.

Technology 50

Technology Ideation Internet of things Brainstorming 50

Paul Hobcraft

MAY 2, 2022

Many are avoiding the need to stare hard into the future as we are not re-equipping everyone with skills that combine inventiveness, innovation and creativity that contribute to their communities, we have got stuck in the “me” A reality of depletion in many of our essential resources is racing towards us and it is not a pretty sight.

Innovation 130

Innovation Radical Innovation Resources Collaboration 130

Qmarkets

APRIL 3, 2025

Companies also need to strike the right balance between incremental innovation refining existing productsand radical innovation , which introduces entirely new offerings or technologies. Customer-Centric Innovation Innovation that doesnt address real customer needs rarely delivers value.

Product Innovation 52

Product Innovation Technical Review Strategy Strategy 52

IdeaScale

MARCH 7, 2019

Markets change, demographics change, and technologies change too. In fact, there are several key types of innovation that make sense for CPG brands: Incremental Innovation – like the limited-edition flavors of Oreo cookies. Breakaway Innovations – which give new uses to existing products. But people change.

Innovation 124

Innovation Radical Innovation Disruption Culture of Innovation 124

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. Let’s remind: One size does not fit all.

Innovation Management 100

Innovation Management Management LEAN Innovation 100

Leapfrogging

MAY 6, 2019

To Bahcall, the goal is to create a structure where you get people motivated and incented to go for “loonshots,” crazy ideas that ultimately turn into big innovations. Bahcall’s book argues that the first step is to balance innovation with execution.

Innovation 113

Innovation Radical Innovation Creativity Project 113

Integrative Innovation

MARCH 16, 2014

The corresponding integration of incremental and radical innovation can basically be achieved in different ways: Building ambidextrous and lean startup capabilities. Established organizations with larger size usually target at extending their core business by incementally innovating their existing business model.

Radical Innovation 83

Radical Innovation LEAN Underperforming Technical Team Disruption 83

Paul Hobcraft

MAY 24, 2022

When we build capability and capacity we cannot build this simply overnight, we need to systematically build this, partly depending on what you want to achieve; incremental, distinctive or radical innovation as these are a growing set of competencies to drive you up the innovation pathway.

Innovation 130

Innovation Radical Innovation Disruption Agile 130

Paul Hobcraft

NOVEMBER 6, 2017

The innovation architecture is progressively being recognized and put into place, it’s forming the building blocks of the innovation platform we need to build upon, ones for more radical innovation outcomes. So the article “ Want to Win at Business Model Innovation?

Innovation 157

Innovation Leadership Design Strategy 157

The BMI Lab Blog

AUGUST 3, 2017

Incremental innovation This is a common approach in many established companies, which focus on creating new products and services, with several goals: To grow sales and profits for existing products and services. This approach is very popular because it reduces the risk that radical innovation usually takes.

Radical Innovation 60

Radical Innovation Innovation Disruption Marketing 60

Innovation 360 Group

MARCH 10, 2019

Leadership styles are critical to innovation efforts, especially when working with uncertainty. In the resulting report, they identified several factors that were positively correlated with the successful execution of innovative concepts. Radical Innovators more adaptive. The Spiral Staircase. The Explorer.

Leadership 61

Leadership Radical Innovation Innovation Project 61

Paul Hobcraft

MAY 17, 2016

Only after senior management created explicit targets for different types of innovations—and allocated a specific percentage of resources to radical innovation projects—did the firm begin to make progress in developing new offerings that supported its long-term strategy.

Strategy 124

Strategy Strategy Innovation Radical Innovation 124

Idea to Value

JULY 21, 2017

In many cases (especially those listed in the book, such as Computer Storage, Department Stores and Construction Equipment), the small company releases a new technology which is inferior in quality or performance to that of the large company, but makes up for it in another way, like a lower price or convenience.

Company 254

Company Innovation Brainstorming Underperforming Technical Team 254

Qmarkets

JANUARY 25, 2024

For over a thousand years, these institutions have provided society’s most intelligent individuals with the highest standard of education, in an eternal quest to push forward the frontiers of science, research, and technology. The benefit with the highest potential value for any organization is radical innovation.

Software 100

Software Innovation Trends Innovation Management 100

Wazoku

NOVEMBER 29, 2017

What might the link be between Barcelona, fostering innovation with technological solutions and organisations looking to give the people what they want? This two-part series will explore the topic of a session I recently gave at a Design Thinking and Business Innovation Summit. Technology is best when it is invisible.

Technology 40

Technology Innovation Artificial Inteligence Design Thinking 40

Qmarkets

JULY 18, 2024

Companies with structured innovation processes significantly outperform their peers in implementing new ideas and driving business growth. McKinsey’s findings suggest that companies fostering a strong culture of innovation excel in leveraging technology and accelerating their competitive differentiation.

Tips 93

Tips Company Software Innovation 93

Integrative Innovation

AUGUST 1, 2014

As Geoffrey Moore [2] has pointed out, breakthrough innovations need to “cross the chasm” between the initial customers and the majority of the market. Actively managing the market introduction therefore increases significantly the likelihood of success for radical innovations. More and more, Enterprise 2.0/Social

Radical Innovation 67

Radical Innovation Technical Review Innovation Ideation 67

Qmarkets

OCTOBER 21, 2021

With a systematic approach, you’ll be able to turn any front-end ideas or research into fully developed initiatives that will become measurable products, processes, technologies, etc. Innovation is Only Concerning Technology This is probably one of the most common misconceptions you will come across about innovation in the business world.

Strategy 98

Strategy Strategy Innovation Idea Generation 98

Qmarkets

OCTOBER 21, 2021

With a systematic approach, you’ll be able to turn any front-end ideas or research into fully developed initiatives that will become measurable products, processes, technologies, etc. Innovation is Only Concerning Technology This is probably one of the most common misconceptions you will come across about innovation in the business world.

Strategy 98

Strategy Strategy Innovation Idea Generation 98

Paul Hobcraft

MAY 18, 2016

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.

Underperforming Technical Team 124

Underperforming Technical Team Innovation Radical Innovation Technical Review 124

Paul Hobcraft

MAY 18, 2016

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.

Underperforming Technical Team 124

Underperforming Technical Team Innovation Radical Innovation Technical Review 124

Ecosystems4Innovating

DECEMBER 24, 2023

Let us remind ourselves where those collaborations between different stakeholders deliver real change in radical, innovative solutions. Smart Grid and Energy Management : Utility companies are partnering with technology firms to build smart grids and implement energy management solutions.

Radical Innovation 64

Radical Innovation Collaboration Industry Technology 64

Innov8rs

APRIL 7, 2024

This distinction is crucial because the management systems, support structures, and resources required to nurture breakthrough innovations differ significantly from those needed for more incremental changes. Organizations must develop a capability for breakthrough innovation that goes beyond traditional R&D functions.

Radical Innovation 72

Radical Innovation Innovation Culture Agile 72

Paul Hobcraft

SEPTEMBER 27, 2017

Let me offer some of the parts that need to be explored and changed, to radically update the innovation effect within the Chemical and Pharmaceutical Industries and allow for a different scope of discovery, engagement and exploitation. Digital connections and technology platforms. Unleashing the talent, changing the cultures.

Artificial Inteligence 138

Artificial Inteligence Collaboration Technical Review Industry 138

Qmarkets

MARCH 27, 2024

Razors have undergone incremental innovations over time Source: The Hustle Incremental innovations may not make headlines, but they’re the steady pulses that keep businesses competitive and responsive to market demands. Marketing Innovation Another type of innovation in business is marketing innovation.

Radical Innovation 52

Radical Innovation Innovation Disruption Competition 52

Stephen Shapiro

SEPTEMBER 8, 2023

The key is creating an innovation portfolio with four different categories of risk: Incremental Innovation Adaptive Innovation Technological Innovation Radical Innovation The tip in the book goes into a lot more detail on this framework. Conversely, if you always swing for the fences (i.e.,

Tips 52

Tips Radical Innovation Technology Innovation 52

Innovation 360 Group

MAY 21, 2020

PESTLED is short for the Political, Economic, Social, Technological, Legal, Environmental, and Demographic factors affecting you and defining your environment. Innovation 360 has used this framework in many assignments. Incremental and radical innovations can be anything from services and products to business models and processes.

Radical Innovation 69

Radical Innovation Artificial Inteligence Ideation Analysis 69

Ankush Chopra

FEBRUARY 11, 2019

But as you start digging deeper, additional responses will be Marketing, Supply Chain, Engineering, and Information Technology drive innovation. But HR has a massive impact on innovation – much more than people realize. We talked how radical innovations are challenging because firms lack the needed absorptive capacity.

Resources 43

Resources Radical Innovation Innovation Disruption 43