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the hype innovation blog

5 Actionable Tips that Will Enhance Your Innovation Strategy

Posted by Jeske Eenink on Dec 4, 2015 3:54:09 PM

Even the most innovative companies sometimes hit snags. Maybe there just weren't enough good ideas coming down the pipeline. Perhaps a few really promising ideas failed to pan out, disappointing the team and stifling their creative juices. How can the innovation manager get things back on track and keep forging ahead with innovation initiatives when things get rough? Here's how to foster an environment that generates new ideas and naturally produces innovative thought, even during those difficult times when nothing seems to be going right.

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Topics: Strategy & Alignment

Stop innovation fizzling out due to lack of leadership buy in

Posted by Lauren Salisbury on Aug 28, 2015 6:00:00 AM

I never seemed to have a shortage of ideas but getting the business support necessary to actually drive them through to implementation was at times struggle.

We have heard many times over that a tangible and impactful innovation program requires alignment of strategy, vision, leadership, culture, processes, systems and communication.  Easy right?  We all know it is not that simple, and the truth is, in many cases we find ourselves faced with a business that wants ‘Innovation as a core pillar for growth’, however at the same time it quietly resists this change making the job of innovation managers feel more like ‘innovation sales’ one day and ‘innovation politicians’ the next.

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Topics: Strategy & Alignment

Delivering outcomes through connected ecosystems and platforms

Posted by Paul Hobcraft on Mar 11, 2015 7:00:00 AM

The typical linear and often siloed mindset rapidly has to fall away when it comes to measuring and metrics within companies. The measurement of inputs, throughout and outputs need to become far more focused on delivering speed and scale potential.

The outcome economy which is emerging has many implications within it and how we measure and value these will become increasingly important. Companies will need better data to calculate costs, evaluate its potential value and will be modelling far more the risks and tracking the factors required to deliver within any outcome-based value promised.

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Topics: Strategy & Alignment

10 Perspectives on Innovation Management

Posted by Tim Woods on Oct 29, 2014 5:34:00 PM

We launched this blog just under a year ago, with the aim of providing insights and expertise for those in the position of innovation manager, or similar role. We hope we've achieved that to some degree!

Recently we posted our 100th blog post since launching, so we thought we'd bring together ten of the best articles into a handy PDF download. We focused the articles around three core areas:

  • Innovation Culture
  • Innovation Programs
  • Innovation Strategy
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Topics: Strategy & Alignment

Framing the strategic innovation discussion

Posted by Paul Hobcraft on Oct 29, 2014 3:25:13 PM

Constructing an innovation conversation framework is never easy, we all come at it in different ways and those strategic conversations begin to fray at the edges and slip more into tactical the more we talk.

At this time of year for many, this is a potential chance gained (or lost) to influence the strategic plans and secure the commitment and funding towards your innovation activities for the coming year and beyond.

If you just diving into innovations, this sort of strategic conversation can change the goalposts, alter the perspective and can give the innovation a more focused framing to build propositions around.

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Topics: Strategy & Alignment

Innovation Management in support of Strategic Shifts

Posted by Colin Nelson on Oct 8, 2014 7:30:00 AM

The number of external pressures on organizations continues to increase. Fast moving new markets, a wider range of competitors, differences in local legislation,…the list goes on.

A study on ‘Innovation and Growth’ by PWC in 2014 indicated that the top 20% of [corporate] innovators grew 50% faster than the average global company over the last 3 years. Innovation is crucial to support growth.

The same study indicated that 43% of business leaders see innovation as a ‘competitive necessity. In 5 years’ time, this increases to 51%’. For many, innovation is also crucial to survival.

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Topics: Strategy & Alignment

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: Strategy & Alignment

How to categorize your innovation efforts

Posted by Paul Hobcraft on Aug 6, 2014 7:00:00 AM

We all operate in very different market conditions, yet how often do we make the fatal mistake of applying a ‘broad brush’ approach to our innovation activities?

Also we try to simplify our innovation into a few types, be those disruptive, incremental or radical. But in reality we are making this classic mistake of not appreciating the complexities within the innovation options we can pursue. We often refine our thinking far too early.

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Topics: Strategy & Alignment

Too much incremental innovation can lead to self-destruction

Posted by Oana-Maria Pop on Feb 3, 2014 4:19:00 PM

At the dawn of 2014 our (brave new) world continues to undergo rapid transformation. With cordless, cashless and wireless technologies leaving fewer and fewer aspects of our lives untouched, yesterday’s fictions are becoming today’s facts at a pace that rivals most, if not all, Sci-Fi classics.

Think of touch screens, magnetic levitation trains, intelligent refrigerators, online education and other modern tech supporting society’s transition from industrial to innovative.

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Topics: Strategy & Alignment

What the Booz & Company Global Innovation 1000 study tells us

Posted by Tim Woods on Jan 10, 2014 10:31:00 PM

For those involved in the collaborative innovation space, the 2013 annual analysis of R&D spending by Booz & Company makes for interesting reading. Spending on R&D is up by 5.8 percent to $638 billion, bringing us back to some normality. All sectors have increased their spending in R&D except one, Chemicals and Energy. The Software and Internet sector has increased by a veritable 22.1 percent, Telecoms at 21.1 percent, and Auto and Health Care following behind.

Spend doesn't equal results

Volkswagen is top of the spenders list, but Apple keeps its top spot on the most innovative companies list. The top 10 deemed most innovative significantly outperformed the top 10 spenders on R&D. A helpful reminder that it’s not about how much you spend, but about how you spend it - and perhaps how much you’ve managed to create a successful culture of innovation and collaboration.

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Topics: Strategy & Alignment

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