To successfully implement or scale innovation requires a different skill set to that of generating creatively designed solutions (Freeman and Engel, 2007), the more radical the solution or disruptive the technology, the more complex the process to commercialise it. Matheson (2007) highlights the importance of endings within H3 business activities…

New business opportunities can often be found related to both Disruptive Technologies and Radical Innovations, but these are complicated and often carry greater risk, and so they become of interest for longer term strategies. When considering the entrepreneurial mindset, it is not just new businesses (startups) who can utilise such…

Let’s consider the quote from Kaipa (2012) that an aspirational purpose such as a North Stars ‘align our energy, emotions, and actions in the service of our vision’, they provide something for our employees and other stakeholders to have belief in, which is an important factor in allowing creative thinking…

Entrepreneurship is the act of capturing ideas, converting them into products or services, and building venture to take them to market allows innovation to realise its economic value. It uses innovation to expand business scope and boost growth and therefore should be considered a holistic approach rather than one solely…

A reported 84% of international executives state that innovation is of utmost importance when it comes to company growth strategy (Christensen et al, 2016). Developing the right strategy towards innovation requires careful consideration, to avoid situations of innovation theatre, see figure 2 (Blank, 2019). A) Organisation theatre — often the…

Who are they? The intended audience for this paper will be Innovation and Strategy Consultants, Business Designers, and those involved in supporting long term growth through innovation ventures from within the Management Consulting industry. The materials would also be relevant to Innovation Managers within other organisations however this will not…

Background The world is changing around us at an ever increasing rate, the business world requires new approaches to design the right solutions for the evolving interdependencies of this complex environment (Durst, 2015). Many markets are being disrupted by new entrants, or radically changed through advances in technology or new…

This publication reviews how innovation into new emerging business areas can provide an organisation with opportunities to develop new skills, experiences and knowledge that allow for more informed strategic decision making. To create innovation experiments into completely new business opportunities is associated with high risk. This is often avoided by…