it is an analysis of The New Patterns of Innovation by Rashik Parmar, Ian Mackenzie, David Cohn and David Gann

2. I INSIGHT

3.  : Managers who are
skilled at executing
clearly defined
strategies are ill
equipped for out-of-
the-box thinking.

4.  When good ideas do emerge, they’re
often doomed because the company
is organized to support one way of
doing business and doesn’t have the
processes or metrics to support a
new one.

5. II INSIGHT

6.  Augmenting
Products to
Generate Data

7.  : Digitizing Assets
Like : 3 D Printing ease
understanding.

8.  Combining Data
Within and
Across
Industries

9.  Trading Data

10.  Codifying a Distinctive Service
Capability: IT systems have helped
automate business processes.

11. MANAGERIAL
RELEVANCE

12. A manager should
 encourage new ideas.
 And should not stick to a particular way of
business.

13.  By methodically
examining the
discussed five
patterns, managers
can conceive solid
ideas for new
businesses and work
to take his/ her
organisation to the
peak of success.

14.  Encouragement of innovative ideas.
 Reiteration of business rules as per
situations and environment as
predicted by data.
 Use of IT Technology to conceive
new ideas.