Author Archives: Paul Hobcraft

Innovation as a Means for Economic Evolution

Here is the first response to the Topic of the Month. Economic growth is an outcome of the innovation trajectory we set. Today managing innovation is complex; often success is measured and valued by the creative destruction of others. The ability to ‘evolve’ is very determinant on the knowledge base, either within a given economy or within a ‘federation’ to ...

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Will Innovation Solve All Our Problems?

I am getting increasingly disturbed. This week two people I know and respect have been talking about the innovation effect. Is innovation the business process re-engineering of our decade; is it part of a bubble like the the dot.com boom. Is innovation simply a fad and fashionable to talk up when we are in the present economic uncertainties? Is innovation ...

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Innovation Thinking – Robust to Resilient

It is always interesting how one ‘thing’ triggers another thought, and then you reflect and learn something that helps you add a new kernel of knowledge. This happened recently while looking at the discussion topic for an upcoming #innochat that happens every Thursday at noon EDT, 5pm UK time. The question posed was “Innovation isn’t working! Is it time we ...

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Antibodies in the Innovation Petri Dish

For many years I’ve been fascinated by these ‘Corporate Antibodies’ that we find in that classic management pathology that instinctively rejects and refuses to alter its ways, so as to protect itself. The internal immune system somehow identifies and neutralizes often far too many foreign objects, ideas, concepts or solutions. In the medical world the antibody is a protein produced ...

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Managing Open Innovation Roadblocks

I always find thoughtful lists as extremely helpful to prompt my thinking on different issues. It often helps to unblock my own thinking. This one is for open innovation. One such list I compiled from mainly two sources on roadblocks to open innovation. The main source was Dr Brian Glassman. He wrote a paper Open Innovation’s Common Issues & Potential ...

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Shaping the Future of Innovation

Rethinking innovation after a week where I have argued for a more common approach to innovation (see some of my recent posts )- as one that can be well structured and managed – I’d like to look a little beyond here in this post. I do fear if we don’t radically rethink innovation we are in danger of missing out ...

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The Narrow Innovation Pathway

By – Paul Hobcraft Walking that narrow innovation pathway needs some rethinking. “Innovation is the pathway to travel and seek out our future” Today there is as much a gap between the aspiration to innovate and the ability to deliver on this. We still continue to ignore the constant suggestion that innovation should be systematic so the organization can provide ...

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Extending the Innovation Funnel

The ideas funnel has been with us a long time. We put our ideas into the funnel and then through a process of elimination out ‘pop’s’ finished products. Henry Chesbrough’s famous depiction of the Open Funnel has continued that concept, that ideas enter the more ‘open’ innovation process and go through a more ‘staged gate’ or equivalent process to emerge ...

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Societal Innovation

Challenging Our Future Thinking by Paul Hobcraft There needs to be this major shift from market-led to more socially-lead organizations occurring. We see pockets of this in a number of business organizations offering clearer governance and sustainability outlines as part of their annual reporting. We need to push them a lot harder. We need to move away from business- only ...

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Outside In Innovation at GE

In the past few months I have been getting interested in GE and how it is managing innovation. Often you read a number of negative reports on GE but is this just the big guy being picked upon by more nimble observers that have a limited insight into what is going on behind the walls of GE? What is under ...

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