We need to open up our thinking about risk and innovation management. We should aim for a really healthy construct that does help all involved or associated with innovation and managing risk, that gives a better chance of pushing beyond the incremental innovation that avoids most risk and disappoints those seeking real growth. In this … Continue reading “Treating Innovation Risk Differently, Dealing with Uncertainty”
I always look particularly forward to this report as it provides a range of insights that are shaping our world and how innovation is adapting and altering this. Now the report in its fifth edition, it is now spanning 23 countries where the opinions of senior innovation executives or the equivalent are sought out, covering … Continue reading “GE and its Global Innovation Barometer 2016”
Our whole understanding of innovation is changing; there are numerous shifts occurring. We are moving towards a new management of innovation where ‘greater’ collaboration is fueling new business models built on platforms, formed around ecosystems of communities with vested interest, contributing and extracting value. Today and in the future, the value is created outside the … Continue reading “The innovating power of ecosystems and platforms”
I was delighted to be invited onto a panel with GE at their R&D centre in Munich this week forming for me a connected enterprise and a world perspective that one rarely gets without being present and engaged with companies like GE. Dubbed “Innovation Breakthroughs – Igniting Europe’s Growth” They were celebrating 10 years of … Continue reading “Connected Enterprise, Connected World with GE”
I always look forward to the GE Global Barometer and the 2014 report is no exception, actually it really has moved the needle on what is presently holding innovation back. The Barometer has explored the actions or constraints that senior business executives are worrying over in their pursuit of innovation. The fieldwork was undertaken in … Continue reading “So what is holding innovation back? A new GE report”
Ten years ago I was in a collaborative effort with one of the major consulting firms on a concept called button and threads. This concept caught my imagination and a number of important people in the Singapore authority the Economic Development Board , as well, as those responsible for providing the focal point in economic … Continue reading “A time for new innovating buttons and threads”
Often organizations are weighed down by legacy. This comes in many forms; in its culture, in its history, its core markets or products, in its systems, structures and processes built around innovation practice. Today, we are confronted with a very different global marketplace than in the last century. National borders and regulations built to protect … Continue reading “Can we overturn built-in innovation legacy?”
When you read through a paper on transformative innovation by the Corporate Executive Board (CEB) at www.executiveboard.com that offers in its conclusion: “Innovation teams have been reorganized, de-layered, downsized, and (increasingly) dispersed, weakening the underlying structure of many companies ’innovation efforts” you do stop and reflect. Then you read in one of the latest McKinsey … Continue reading “Establish a different global thinking for your innovation.”
Recently I was reminded about one of the most ambitious open innovation projects around- the Innovation Medicines Initiative- set up here in Europe. I think you will find this interesting to pick up upon. Without doubt, this is one of the most highly ambitious and bold initiatives I’ve come across. I think anyone seriously interested … Continue reading “Open Innovation, Technology Platforms and a New Business Model- All-in-One Biggie!”
Will ecosystems replace simple ‘old’ innovation collaborations as we know them today? Open innovation has suddenly lost its pole position. Board rooms around the world will be thinking through the events that unfolded yesterday and I’m not talking about Eygpt. Just get into the story that has been unfolding at Nokia in recent weeks, it … Continue reading “Welcome to the brave new world of innovation ecosystems”
