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At the digital transformation and innovation crossroads

Jeffrey Phillips

Business models, channels, data and experiences So where does innovation and digital transformation meet? The problem with innovation to date has been a fixation on product innovation, constantly updating or inventing new products, but with little exploration beyond the product.

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Why innovation must become the new core competency

Jeffrey Phillips

But what most companies get wrong is that they want to create an innovation and then make it palatable and safe, to fit within the standards and norms of the existing business, like capturing lightning in a bottle. New ideas that are at first radical become profitable, then draw competition, and then become mainstream ideas.

Agile 157
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Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

Increasingly, there is this recognition that the competitors seem to be moving faster towards becoming more digital, so it then becomes a race to catch up, as this “digital advantage” is increasingly eroding competitive advantage for the digital laggard, even if he is today the market leader.

Industry 213
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BIG Ideas: How ICL Built a Billion Dollar Innovation Accelerator

Qmarkets

Nearly a century ago, a Siberian adventurer, engineer, and businessman named Moshe Novomeysky secured permission to establish a mining facility in the mineral-rich waters of the Dead Sea. Innovation is central to the company’s commitment to help humanity meet its sustainability challenges.

Ideation 105
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Understanding innovation's past leads to incredible insight

Jeffrey Phillips

The 2000s and onward are less about product innovation and more about business model innovation and financial engineering. We are focused on changing the terms of compensation and payment for services (Google funded by ads rather than licenses) and financial engineering in banking, financial services and other industries.

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Crowdsourcing Internal Innovation

Collective Innovation

Regardless of what kind of business you are in there are numerous different types of innovation that can give you a clear competitive advantage and make you more successful. Product Innovation : Creates a difference with an existing product line and existing market, usually through features.

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What is Innovation in Business and How Can it Build Business Longevity?

Qmarkets

Organizations choose to adopt the process of innovation for a myriad of reasons; to tackle existing challenges by ideating for solutions, to generate new revenue streams, to improve existing products or services, and so on. Gathering Employee Ideas In business innovation an organization’s employees are truly their biggest asset.