Nine Compelling Predictions About Innovation

By Dennis McCafferty
  • Previous
    Mature and Morph

    Mature and Morph

    Innovation will move beyond being just about products and will explore the value of combined services, while developing new business models.

With the technology investment picture improving, many business and IT leaders wonder if 2014 will emerge as a defining year for innovation. While that is certainly possible, organizations must make major changes before the true potential of innovation can take flight, according to innovation coach Paul Hobcraft. He's the founder of Agility Innovation Specialists, an advisory business that works with companies and executives to inspire and deliver sound innovation practices. Hobcraft has also come up with the following list of nine innovation predictions for 2014—predictions that will represent a turning point for companies. Enterprises that want to be innovative and successful must abandon traditional mindsets about employee management, technology design and deployment, and overall strategic execution, Hobcraft contends. "What will decide if [innovation] is a reality or just C-level rhetoric?" he writes. "C-level management is deeply worried over the alternatives of facing further low- or no-growth prospects, staying risk averse or finally recognizing that the operating conditions need to change to search for real growth, and that comes through more radical innovation."

This article was originally published on 2014-01-02
Dennis McCafferty is a freelance writer for Baseline Magazine.
eWeek eWeek

Have the latest technology news and resources emailed to you everyday.