article thumbnail

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

The platform environment is mostly characterized by a tension between collaboration and competition of the participating companies, often referred to as coopetition. Even traditional producers of physical products can benefit from platforms by augmenting their products with communities. Winner-takes-all dynamics play out.

article thumbnail

Innovation Strategy – Pat McGauley and a New Beer in Town

BrainZooming

He reported that packaging innovation was more difficult to develop than liquid innovation. Based on comments he made regarding working with retailers on in-store shelving, product innovation may have been easier because it might lead to a fight for shelf space. Lackluster innovators can catch up quickly.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Six Internal Innovation Sources You should know

ITONICS

A good example is the case of Toyota, where the leadership encourages innovation by eliminating some of the pressure for short-run returns. Toyota’s decade-long investment in its brand Prius eventually resulted in creating a reputation for the company as a respected product innovator. Centralized R&D Unit.

article thumbnail

How to enable inclusive innovation

hackerearth

Promotes the sustainable production, distribution, and absorption of the innovations. Produces quality goods and services. Is affordable and scalable. Reduces social exclusion. Is agile, collaborative, and empathic. For/by people not typically a part of the development mainstream. (To

How To 62
article thumbnail

6 Internal Sources of Innovation

ITONICS

A good example is the case of Toyota, where the leadership encourages innovation by eliminating some of the pressure for short-run returns. Toyota’s decade-long investment in its brand Prius eventually resulted in creating a reputation for the company as a respected product innovator. Centralized R&D Unit.

article thumbnail

Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

An alternative approach to generating new innovative ideas is to search for external ideas that have already been development – ideas which have evolved into technologies, products, strategies and even companies. This is what many large organizations do.

Survey 40
article thumbnail

Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

An alternative approach to generating new innovative ideas is to search for external ideas that have already been development – ideas which have evolved into technologies, products, strategies and even companies. This is what many large organizations do.

Survey 40