Improving Your Return on Investment From Innovation
The IC Innovation Club Talking Innovation
Release Date: 01/19/2023
The IC Innovation Club Talking Innovation
info_outline Selling InnovationThe 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...
info_outline AI - The Hype and the RealityThe 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...
info_outline Creating Time to ThinkThe 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.
info_outline Improving Your Return on Investment From InnovationThe 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.
info_outline Making Innovation Happen - the Railway Industry Association PerspectiveThe 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.
info_outline Strictly Come Dancing - A Contagious InnovationThe 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.
info_outline The Making Innovation Happen FrameworkThe 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.
info_outline Defining InnovationThe 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?
info_outline Introduction to the IC Innovation ClubThe 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.
info_outlineWe 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.