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Continuous Improvement and Breakthrough Innovation: Why You Need Both

IdeaScale

The iPhone was considered a true innovation back in 2007, opening up an entirely new approach to telecommunications and changing how people used phones forever. Major disruptions often happen because something (like people’s patience with the way things are) breaks. Breakthrough Innovation.

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Innovative Businesses Prioritize Creativity

Daniel Burrus

Most notably, older organizations are the ones that place creativity in one column and positive disruptions via innovation in another. Some have been through the Great Depression, world wars, the Great Recession of 2007–09, and now, most recently, the coronavirus pandemic and subsequent economic downturn.

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The New Game Or Is It? Asset Orchestration

Paul Hobcraft

The lighter you are, the more likely you are to be more flexible and adaptive to respond to more disruptive challenges being faced by industries that are undergoing the shift to being more “digitally enabled” Alibaba is very much a good asset orchestrator. One highly relevant observation.

Resources 158
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The Role of Innovation in New Product Development: Three Approaches for Success

Qmarkets

Crowdsourcing allows businesses to target internal and external participants to share their ideas and suggestions via questionnaires, competitions, promotions, and other methods. Partnering with new technologies, that may lead to disrupting existing products, should not be feared as it could lead to a market breakthrough.

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Leading Experts Share Challenges in Human Resources During the Pandemic and Trends in Employee Health and Wellness

Business and Tech

Wellbeing isn’t just a perk; it’s a competitive advantage. AH: My turning point came in 2007, when I collapsed from exhaustion and broke my cheekbone. Arianna Huffington: We now know an enormous amount about how stress and burnout affect us, both at home and at work. But I came to realize that that’s just a collective myth.

Resources 130
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Options-based Strategy: An Approach for Uncertain Times

The Inovo Group

What is needed is a new strategic framework that serves both the current, increasingly competitive, situation as well as providing a strategic path through an uncertain future. The founders desire to create a company that always evolves, that disrupts itself and that is not afraid of experimenting, of trying new things, is stronger than ever.

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Understand Trends, Identify Strategic Fields of Innovation and Create something entirely New

ITONICS

Companies who can quickly identify changes and even weak signals in their environment and react to them before the competition does will gain a decisive competitive edge (Pillkahn, 2007). As a consequence, companies are forced to react with short-term solutions rather than act with foresight in their ecosystem. What is a trend?

Trends 48