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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

The following six key types of innovation in business each serves a distinct purpose, together comprising a comprehensive innovation strategy that touches upon different aspects of business operations and market positioning. This type of innovation often leads to improvements in performance, functionality, or user experience.

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Dr. Soo Beng Khoh

Innovation 360 Group

Background: Dr Khoh has more than 25 years of industrial experience with a wide spectrum of roles in manufacturing, design engineering, IT, 6-Sigma Black-Belt, program management, Innovation Champion and Inventor Mentor in Fortune 500 MNCs based in Malaysia and abroad. Design Thinking (Stanford d.School Thinker).

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Soo Beng Khoh , PhD

Innovation 360

Background: Dr Khoh has more than 25 years of industrial experience with a wide spectrum of roles in manufacturing, design engineering, IT, 6-Sigma Black-Belt, program management, Innovation Champion and Inventor Mentor in Fortune 500 MNCs based in Malaysia and abroad. Design Thinking (Stanford d.School Thinker).

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

It requires a more deliberated approach, such as the lean startup process, design thinking or a combination thereof. Tip: Tim Kastelle has posted a worthwhile series on how to implement lean startup for innovation initiatives.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

It requires a more deliberated approach, such as the lean startup process, design thinking or a combination thereof. Tip: Tim Kastelle has posted a worthwile series on how to implement lean startup for innovation initiatives.