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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. Tip: Tim Kastelle has posted a worthwhile series on how to implement lean startup for innovation initiatives.

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The Case for Dual Innovation

Tim Kastelle

This trend is even more pronounced among strong innovators, with those pursuing a centralized approach rising from 68 percent in 2013 to 71 percent in 2014. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Deloitte: Radical Innovation and Growth – Global Board Survey 2016.

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The Case for Dual Innovation

Integrative Innovation

This trend is even more pronounced among strong innovators, with those pursuing a centralized approach rising from 68 percent in 2013 to 71 percent in 2014. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Deloitte: Radical Innovation and Growth – Global Board Survey 2016.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Hence, I gave it some thought, starting by revisting an earlier reflection: Beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. This requires companies to proactively or reactively innovate their business models in order to remain competitive.