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the hype innovation blog

The CDO Imperative: Understanding your Ecosystem

Posted by Lauren Salisbury on Jan 5, 2017 6:25:00 AM

The Chief Digital Officer (CDO) is not only leading the convergence of operational and information technology, but also driving its transformational impact across the wider ecosystem.

In this first post we look at some of those patterns we’re seeing and we explore exactly how they’re already delivering real financial value.

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Topics: Business Transformation, Digital Innovation

Our things are connected, now what? - 5 Essential Considerations to Be Ready for the IOT

Posted by Lauren Salisbury on Jul 12, 2016 11:49:44 PM

You have sensors on your 'things', and have connected them…now what?

Now we wait for the business to transform in front of our eyes as this is what ‘they’ say will happen with the Internet of Things right?

Not quite!

Here are 5 high level considerations to help you drive a strategy that embodies your ecosystem, with practical and pragmatic steps towards transforming your business:

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Topics: Business Transformation, Digital Innovation

Digital transformation – are you ready to transform and change your innovation approaches?

Posted by Paul Hobcraft on May 30, 2016 6:00:00 AM

Business digital transformation, it can get your pulse racing as you look for the nearest exit. It is being asked of everybody to get involved but have we a sufficient understanding of it?

Add in the magic ‘need’ so innovation can benefit from this business digital transformation and we begin to shift around in our chairs even more. What would it mean if we ‘went’ digital and transformed ourselves for innovation with in our organization?

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Topics: Business Transformation

The Challenge is for Organizations to think differently about ecosystems

Posted by Paul Hobcraft on Jul 13, 2015 10:45:00 PM

(This is part two of an article on ecosystems - read the first part here)

Thinking about ecosystems certainly allows us to go out of our normal scope. The ability to tackle societal problems within an ecosystem can allow you to enter new markets that would have been impossible as an individual organization, as you did not have the collaborative ability to extend beyond more traditional channels of delivery or utilize the infrastructure, building on others specialization.

We are all making greater connections within ourselves as we find and connect to our own “tribes” that all the different social platforms are providing. Crowdsourcing is another example that is offering huge potential to exploit as it can encourage much to forge, serve and grow whole new communities from ‘simple’ beginning, building on real-time knowledge.

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Topics: Business Transformation

Opening up our thinking towards ecosystems has a powerful effect

Posted by Paul Hobcraft on Jul 13, 2015 7:00:00 AM

Our whole understanding of innovation is changing; there are numerous shifts occurring.

We are evaluating and changing our existing focus from closed (internal orientation) into ones that are having a far more open stance. We are searching for more collaborative innovation (external orientation) combining external partners into more ‘collective thinking’. This shift is offering us extra acceleration that is needed to improve our innovation performances from concept to market delivery.

Collaborative innovation is also leading us to higher chances of achieving greater impact and success, as nearly all novel ideas lay outside the organization's domain of understanding. As we increasingly include the customer and their needs within our understanding, these multiple collaborations and dialogues are building this better internal understanding.

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Topics: Business Transformation, Collaboration

When Change is a Must - Put People and Context First

Posted by Paul Hobcraft on Jun 9, 2015 10:46:14 PM

Anyone who has felt the ‘full force of the wind’ will know the feeling of how hard it is to keep on your feet, to stay determined to stay upright and true, to hold the course, whatever happens.

When you feel the force of change running through the organization, you tend to have that same sensation, to resist the force with all your energy. It is often really hard to let go, the environment was something you had become used to, you accepted and become resigned to its weaknesses and constantly exploited its possibilities or even possibly the other way round.

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Topics: Business Transformation

Clarifying the Drivers of Innovation Change

Posted by Paul Hobcraft on Jan 15, 2015 9:00:00 AM

I always show a particular interest in statements claiming to have identified a relevant driver of innovation change, to think through and see if they are as applicable to my own situation. Often they are but the underlying force sometimes needs to be seen differently to incorporate this ‘driver’ into your innovation activities and thinking.

I try to constantly work around nine drivers of innovation change.

I periodically work through each of these and see if anything has changed or the fact I am focusing on this specific driver I can see a different angle or opportunity.

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Topics: Business Transformation, Change Management

Are you going all digital on me?

Posted by Paul Hobcraft on Dec 5, 2014 7:00:00 AM

Well are you going all digital on me?

So there we all were, getting very comfortable in our open innovation activities, learning to collaborate and co-create outside our organizations. We had worked through some of the cultural stuff; we had established the process, practice and tools. We even had our legal teams on board, helping sort out all the conflicting positions open can mean when it comes to dividing up the IP spoils and even had our leadership tuned in, singing our praises and even (heavens forbid) getting engaged in the process.

When the world shifts, we all need too.

Then suddenly the world shifts on its axis once again, everything seems to be digital. The buzz is big data, analytics, smart mobility, and social media, with lots of talk of interconnected devices giving us the next big paradigm in innovation growth.

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Topics: Business Transformation

Getting to grips with the business ecosystem

Posted by Haydn Shaughnessy on Sep 1, 2014 2:21:17 PM

A lot of business these days relies on evolutionary language – just take a read of Tim Harford’s book Adapt.  I also see Eric Beinhocker’s book “Origins Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics” also being referenced more and more. A small plug too for my own book The Elastic Enterprise, where I acknowledged the evolutionary metaphor as a great way of understanding the new ways that companies scale up their activities in new business ecosystems.

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Topics: Business Transformation, Strategy

Your Company Needs a Disruption Map

Posted by Haydn Shaughnessy on Aug 19, 2014 11:22:02 AM

For some time now we’ve talked about the enterprise as more porous or externalised. In other words, the enterprise can no longer be as self-contained as it traditionally has been.

Open innovation is an example of that – it thrives on the more open set of relationships that firms now seek out. Openness has a reciprocal feature – information, who acquires it from you and who you get it from.

Innovators tend to think of open innovation as an achievement, as an objective, a place to get to. It might be but, really, who does it systematically and repeatably? In other words where is it a process?

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Topics: Business Transformation, Disruption

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