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12 Types of Innovation You Should Know in 2021

IdeaScale

What are the different types of innovation? With so many types of innovation and even more definitions, it can be confusing to discuss innovation in your organization. It seems like new innovation types arrive at the scene all of the time, leaving people reaching for Google to get up to speed. Open Innovation.

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Future Trends 2021: Purpose & Co-creation

Be-novative

and the answer can serve as the beacon for all organizational decision-making in 2021 paired with collaboration in an online world. What is the benefit of being purpose-driven in 2021? ?? Nearly two-thirds of US-based employees surveyed by McKinsey & Co said that COVID-19 has caused them to reflect on their purpose in life.

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Top 5 Strategies for Successful Product Development in 2021

The Human Factor

Here are 5 steps you should follow for successful product development. . Continuously innovate. The first step to successful product development is, of course, innovation. You want to create a product that consumers can’t live without. Innovation isn’t just about creativity, though this is a part of it.

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Exploding the explosion of innovation myths

Jeffrey Phillips

I found an article today on the web that was published by the Wall Street Journal in September 2021 , that claims to explode the myths about innovation. Basically, what they found, at least from what I read, is that innovation is deterministic, based on the advance of underlying physics. Is this really news?

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Rethinking Development Can Turn “Latin America’s Vicious Circle” Into a Virtuous One

Christensen Institute

The article, “ Latin America’s Vicious Circle is a Warning to the West ”, claims that Latin America is stuck in a development trap, citing lack of opportunities for educated youth, corrupt and unstable governments, and not enough innovation. Or the lack of opportunities and innovation? Is it the extreme politicians?

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Your Guide to Fueling Enterprise Innovation in the Transport Industry

Qmarkets

For vehicle manufacturers and service providers in the global transport industry right now, innovation isn’t so much optional as existentially vital. In this blog, we’ll explore some of these trends and make a case for an effective innovation management program to capitalize on them. Take sustainability.

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IM Award Lessons: Improving Customer Success Through Innovation

IdeaScale

Grant Thornton International, a Fortune 500 company, is a winner of the IdeaScale 2021 Innovation Management Award for Best Innovation. This year, one of our winners was Grant Thornton International in the category of Best Innovation for their ability to deliver the IASC – a process and product innovation with global appeal.