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Improving Your Return on Investment From Innovation

The IC Innovation Club Talking Innovation

Release Date: 01/19/2023

Experiential Diversity show art Experiential Diversity

The IC Innovation Club Talking Innovation

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Selling Innovation show art Selling Innovation

The IC Innovation Club Talking Innovation

We work with innovative start-ups in the tech and AI sectors who often find it hard to create a company, product, and service narrative. Their inclination is to focus on what they see as the innovation – the technical detail - rather than what interests customers most. You need to know your technology to instil confidence in the customer that your products work, and your service performance is great.   But creating a compelling narrative about your company, products and services is equally important when it comes to building relationships and winning business.   It's often the...

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AI - The Hype and the Reality show art AI - The Hype and the Reality

The IC Innovation Club Talking Innovation

There is much misinformed hype about apocalyptic scenarios where Artificial Intelligence (AI) becomes more intelligent than humans. But rest assured, whilst we need to accept the fact that the development of new applications made possible by AI will be as disruptive as the industrial revolution, and may be exploited by bad actors, the models that underpin AI, including deep learning using neural networks, will never make machines more intelligent than humans. It is simply not possible to take the step from what we know as AI today, to what we would describe as ‘general artificial...

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Creating Time to Think show art Creating Time to Think

The IC Innovation Club Talking Innovation

Creating time to think is a key enabler of innovation. Organisations that create the time and environments for their people to think, and increase the quality of their collective team thinking, can foster a culture that increases innovation – as well as many other benefits.

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Improving Your Return on Investment From Innovation show art Improving Your Return on Investment From Innovation

The IC Innovation Club Talking Innovation

We need to think differently about how we set businesses up to innovate. Our analysis of funding SME product development and research using the current traditional approach shows we need change - the return on investment is too small. But this can be addressed by investing in innovation enablers, which come at much lower cost. These enablers focus on making innovation business-as-usual, creating a shared organisational purpose, collaborating to innovate, and creating market contagion - and can make the difference between success and failure.    

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Making Innovation Happen - the Railway Industry Association Perspective show art Making Innovation Happen - the Railway Industry Association Perspective

The IC Innovation Club Talking Innovation

Listen to our Railway Industry Association guests’ thoughts on innovation, what it means, what the rail industry is telling them, and what they wished they knew about innovation 10 years ago. The Railway Industry Association’s Innovation Director, Milda Manomaityte, and Technical Director, David Clarke, joined us for a discussion on the topic of innovation in rail, along with the insights provided by Interimconsult's Making Innovation Happen framework and innovation consultancy experience.

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Strictly Come Dancing - A Contagious Innovation show art Strictly Come Dancing - A Contagious Innovation

The IC Innovation Club Talking Innovation

Many organisations have a plethora of great ideas but are unable to turn these ideas into some form of value. Innovations do not catch on and their potential impact is lost. The harsh reality is that it does not matter how good an idea is, there are a multitude of reasons why some innovations are not contagious. Connecting infection duration, opportunities, transmission and susceptibility is what we describe as joining the contagious innovation dots. And Strictly Come Dancing is a great example of how to join the dots to create a contagious and innovative franchise.

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The Making Innovation Happen Framework show art The Making Innovation Happen Framework

The IC Innovation Club Talking Innovation

The Making Innovation Happen (MIH) framework, developed by Interimconsult, is built on 5 principles that underpin successful innovatiuon. Listen to the interview to find out more.

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Defining Innovation show art Defining Innovation

The IC Innovation Club Talking Innovation

Innovation is a term that we hear more and more often as the pace of change around us accelerates – but what does it mean? And why does its definition matter?

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Introduction to the IC Innovation Club show art Introduction to the IC Innovation Club

The IC Innovation Club Talking Innovation

Find out more about the reasons why Interimconsult is setting up the IC Innovation Club. As a purpose led business, we want to do more to help organisations overcome the problems they face in making innovation happen. That is why we are setting up the IC Innovation Club.

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More Episodes

We need to think differently about how we set businesses up to innovate. Our analysis of funding SME product development and research using the current traditional approach shows we need change - the return on investment is too small. But this can be addressed by investing in innovation enablers, which come at much lower cost.

These enablers focus on making innovation business-as-usual, creating a shared organisational purpose, collaborating to innovate, and creating market contagion - and can make the difference between success and failure.