hackerearth
OCTOBER 16, 2017
Innovation can be incremental, radical, architectural, modular, etc. In incremental innovation, a company improves or upgrades existing product, process, or service. In radical innovation, a company replaces its existing business model with an entirely new one. In sustaining innovations, incumbents win.
hackerearth
OCTOBER 16, 2017
Innovation can be incremental, radical, architectural, modular, etc. In incremental innovation, a company improves or upgrades existing product, process, or service. In radical innovation, a company replaces its existing business model with an entirely new one. In sustaining innovations, incumbents win.
hackerearth
MAY 12, 2017
The Danish toy-brick maker Lego, founded in 1932, reported its highest revenues ever in March 2017. braving new markets such as China, continuing to be a model of sustaining innovation. In 2004, CEO Knudstrop embarked on a back-to-the-basics journey, and went from a loss of $292 million that year to a profit of $117 million in 2005.
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