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Forget products, innovate your business model

Jeffrey Phillips

Consolidation There's also the consolidation model, which is what I like to think Apple did to the music player, music management and music distribution industries. Tesla is trying to disrupt automotive sales and distribution, attempting to sell directly to consumers rather than through dealers. Remember Tower Record?

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Your Guide to Fueling Enterprise Innovation in the Transport Industry

Qmarkets

As we’ll see, some of the key trends promising to shape the automotive, aeronautical, and railway transport industries in the years ahead should provide exciting reading to organizations in those industries…but only if they act on them. And do your product innovations have a knock-on effect that requires new services to sit alongside them?

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At the digital transformation and innovation crossroads

Jeffrey Phillips

Where innovation and digital transformation meet Let's add in, of course, two really interesting management phenomena occurring before our eyes. Innovation has been a watchword for corporations for about 20 years. Innovation seems almost "long in the tooth" and has less tangible outcomes than you might expect.

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Transport Innovation: Your Guide to Driving Industry Innovation

Qmarkets

As we’ll see, some of the key trends promising to shape the automotive, aeronautical, and railway transport industries in the years ahead should provide exciting reading to organizations in those industries…but only if they act on them. And do your product innovations have a knock-on effect that requires new services to sit alongside them?

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts. A well-suited way to govern this approach is to manage a portfolio of initiatives.

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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. For businesses, fostering a culture that embraces experimentation and learning is key to sustaining innovation.

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Your Guide to Incremental Innovation: Examples and Lessons from Global Brands

Qmarkets

An electronics company might incrementally innovate its supply chain to make it more efficient, or continuously find ways to improve its products’ battery life. Incremental innovations can be broken down into three main types: incremental product innovation , incremental service innovation , and incremental process innovation.