Month: July 2022

Innovation requires a more dynamic systematic approach

Innovation requires a more dynamic, systematic approach

All companies talk about innovation and its growing importance, but why is it that still so few succeed in actually doing it on a repeatable scale?

What inhibits innovation? What would drive innovation success? What aspects of innovation are critical to achieving such innovative growth? Where should a company place its emphasis to gain both an improving impact on its performance and strengthen its innovation capabilities?

The difficulty for many is that innovation is a complex process that has many intangibles within the total mix to manage. Management today is far happier managing the ‘harder’ aspects of business, the current physical ones of everyday organization, not the ‘softer’ more intangible ones, where innovation often lies or emerges from. Continue reading “Innovation requires a more dynamic systematic approach”

Positioning my innovating approach

I want to find a new way of approaching innovation, a new positioning, and these are my opening statements to be questioned and built upon

Chasing dedicated focal points, looking for big transforming “impact points”
Helping to deliver them

Opening need to achieve

This needs to be complementary, synergistic, clarifying and building new intersections of opportunity

The value-adding impact and business model needs to be central

 

The need is the bringing together of many strands of thinking, ideally in a “living and dynamic” designed way”

Aspiring to achieve

 

*Innovation touch and value maps

*Evolving constantly over time in ecosystem design thinking

*Building out the dynamic environment

* Structuring the activities in a Landscape journey

*Making it a sustaining one

 

 

Until we understand the scope and impact of innovation, we can’t fully grasp the nature and the amount of change that innovation can unleash

@paul4innovating.

 

We need to cover the breadth,depth and scope of all innovation possibilities

 

It is the ability to seeing patterns, synergies and different connections that give us new avenues of convergence and value

We need a distributed, interconnected and networked environment

Agility Innovation

 

Recombining offers or concepts offers greater value creation in the short term but it is the ability to look out and see a different future will bring the higher value returns that innovation aspires too

 

We need to look to build Dynamic Innovation Ecosystems and radicially different Business Models to change the nature of innovation discovery, validation and implementation.

Paul Hobcraft

Most corporations don’t understand how much change is created by innovation. 

The Value of the Three Horizons of Seeing Beyond

Applying the three horizon framework to innovation and change

I will always recommend this three horizon framework for shaping innovation. So much of our need to think about innovation is about managing differently the today, the tomorrow and the future, these need to be thought through in very distinct ways, to clarify the innovation levels of intensity, resources and outcomes required.

To explain the impacts of innovation and the change it creates, we’ll use an accepted framework (the Three Horizons) to consider the impact innovation has on change capabilities and business models.

Here we introduce the three horizon concept to better understand the range of innovation outcomes and the potential change requirements.

The three horizon framework has distinctive horizons for specific outcomes, management and approaching change Continue reading “Most corporations don’t understand how much change is created by innovation. “