Remove Agile Remove Engagement Remove Radical Innovation Remove Technology
article thumbnail

8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Razors have undergone incremental innovations over time Source: The Hustle Incremental innovations may not make headlines, but they’re the steady pulses that keep businesses competitive and responsive to market demands. Marketing Innovation Another type of innovation in business is marketing innovation.

article thumbnail

So Where Is Innovation Heading?

Paul Hobcraft

They point out that since 2014, only four types of innovation and that are all related to digital, have grown increasingly in importance in their pursuit by companies. So the need to innovate comes from digital as the source. It will fundamentally change the type of resources innovation requires.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Innovation needs the power of completing the 4th Industrial Revolution

Paul Hobcraft

Then innovation can finally play its true part in discovering, leveraging and delivering new value and impact. We have to recognize the days of simple product innovation are dwindling. There are so many opportunities for innovation well beyond products and services. Innovation emerges out of the Industrial 4.0

Industry 289
article thumbnail

Digital Technology MoshPit

Gregg Fraley

New Service Offering for Digital Technology Innovation. Discover Ideas for Long Term and Tactical Innovation Projects. Chicago, IL, August 1, 2018 — The MoshPit Innovation Service is an innovation project discovery service marketed by GFi (Gregg Fraley Innovation). GFi guarantees its work.

article thumbnail

Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

To do this, technology adoption and diffusion across the ecosystem needs to improve dramatically. There is a strategic resistance, there is a lack of organizational agility and still not the level of commitment this is required, driven from the top. We have to recognize the days of simple product innovation are dwindling.

Industry 213
article thumbnail

Balancing Function, Design, Process and Structure for Creative Tension

Paul Hobcraft

I would start by saying innovation should always be in “creative tension”, and as we operate and manage innovation, this tension should also apply within any design. The ability to manage innovation design, function, structure and process. Innovation needs to have a system that is constantly adaptive and flexible.

Design 130
article thumbnail

Knowing Your Innovation Pathway Curve – A methodology

Paul Hobcraft

When we build capability and capacity we cannot build this simply overnight, we need to systematically build this, partly depending on what you want to achieve; incremental, distinctive or radical innovation as these are a growing set of competencies to drive you up the innovation pathway.