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The cost of delaying innovation

Jeffrey Phillips

Yet there are few really interesting or new products on the market and the products and services that exist are becoming commoditized. What do companies that fail to invest in innovation miss? The difficulty in this tradeoff is in understanding what the cost of delaying or postponing innovation is.

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Conditions for innovation to succeed

Jeffrey Phillips

For example, one of the biggest idea killers is the inability for many companies to take really good ideas and get them prioritized in the existing product development process. With those basics in mind, you can do a lot of good innovation. This is why so many "innovation projects" result in incremental or "me too" ideas.

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Frequently Asked Questions about Design Thinking

InnovationTraining.org

What is the difference between design thinking and agile methodologies? How can design thinking help with product development? These courses typically cover the key concepts and steps of the design thinking process, and may include hands-on exercises and projects to apply what you have learned.

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Digital Transformation - an interview

Huub Rutten

“Huub, you are right we digitize our products and processes since we use chips and sensors. And since the chips can connect to applications outside their devices, of course there are many more possibilities for modernization. We also try to find ways to upgrade software of our products once they are in the market in use.

Agile 52
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Digital Transformation - an interview

Huub Rutten

“Huub, you are right we digitize our products and processes since we use chips and sensors. And since the chips can connect to applications outside their devices, of course there are many more possibilities for modernization. We also try to find ways to upgrade software of our products once they are in the market in use.

Agile 52
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Digital Transformation - an interview

Huub Rutten

“Huub, you are right we digitize our products and processes since we use chips and sensors. And since the chips can connect to applications outside their devices, of course there are many more possibilities for modernization. We also try to find ways to upgrade software of our products once they are in the market in use.

Agile 52
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Implementing Open Innovation: Insights from Ariana Smetana of AccelIQ Digital

Qmarkets

After that, I decided to chart a different course by exploring my other interests and developing my creative side, which I expressed by founding an interior design and workspace strategy firm in 2010. With my curiosity and perpetual learner mindset, I reinvented and innovated my career once again.