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Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

By definition, it refers to the introduction of groundbreaking products or services that fundamentally change market dynamics, often rendering existing solutions obsolete. This form of innovation doesn’t just improve on existing products; it completely redefines them, creating entirely new markets and consumer behaviors.

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Creative Construction – Book review

The Inovo Group

Every now and then a book on innovation is published that deserves to be put on the innovator’s bookshelf along with other seminal writings about innovation. Disruptive Innovation – Requires a new business model but not a technological breakthrough. Selection – focusing on a subset of opportunities.

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5 Approaches to Business Innovation: Unleashing Your Company’s Potential

Qmarkets

Crucially, innovation isn’t limited to product development; it can also involve reinventing business processes, revamping organizational structures, or even reshaping corporate culture. For organizations, understanding what business innovation entails is the first step toward achieving long-term success and resilience.

Trends 52
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Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

Legacy systems plague the ability to break out of our present traps of silo’s and we are still struggling to solve these issues, machine by machine, a process by process, incompatible software and hardware, piece by piece. Innovation is one powerful catalyst ripe for leveraging in this 4th Industrial Revolution.

Industry 213
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DON’T LISTEN TO YOUR CUSTOMERS!

Innovation 360 Group

Innovation is essential as a strategy for risk management, but it’s more than that. True innovation satisfies actual needs, not what consumers say that they need. True innovation brings more consumers into the market and grows the pie so that everyone can enjoy more.

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Successfully Merging Theory and Practice in your Innovation Program

Qmarkets

In 2007, I co-founded Innovation Framework Technologies (IFT) in order to close this gap, to offer a combination of best practices and best software embedded in solutions that companies can actually and successfully use. A well implemented Front End of Innovation process and supporting system goes a long way in addressing those needs.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

As can be seen from the figure below, co-creation platforms feature some special characteristics that have a major impact on shaping new market environments: Created solutions are integrated and often cross-industry. Tip: Tim Kastelle has posted a worthwhile series on how to implement lean startup for innovation initiatives.