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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Techniques such as Lean manufacturing and automation play a pivotal role in driving process innovation, enabling businesses to maintain operational excellence and agility. Implementing a clear framework for managing innovation helps streamline the process from ideation to execution.

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Three Tools I Use to Enhance Customer Engagement and Innovate Strategically

Fehmida Kapadia

We have started integrating the agile and lean methodology (popularized by the IT industry) into our waterfall methodology (popularized by the manufacturing industry). The key tenet of agile and lean development is to quickly and iteratively build?—?test?—?learn. At this stage of the process, I like to use Ash Maurya’s Lean Canvas.

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Bring Startup Speed to your Innovation Team with Personas

Your Ideas are Terrible

High-functioning teams use personas in every customer-facing decision: feature design, usability, landing pages, content, advertising campaigns, etc. In Lean UX Jeff Gothelf prefers to use the term “proto-persona” with innovative teams. Personas are used … well … everywhere. Instead of asking …. Will someone pay for this feature?

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From product to business model innovation: TICK, the laundry on demand service from Migros.

The BMI Lab Blog

So, we guided them through the different phases of the Business Model Navigator process: initiation, ideation, and integration. Once we introduced the managers to the methodology and challenges, we started an ideation process using BMI Pattern Cards , which resulted in nineteen business model ideas.

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