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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Radical & Disruptive Innovation On the flip side, radical and disruptive innovation challenges the status quo by introducing new concepts, products, or models that shift market dynamics. Radical innovation is about making significant leaps forward, often creating new industries or reshaping existing ones.

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Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

In this blog post we talk about receptivity to change in Financial Services and some thoughts on how to move forward. Often agile development initiatives are not ‘agile’ at all. Evidence points to two areas in particular – capabilities surrounding radical innovation and the breadth of innovation culture.

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How to Speed Up Your New Product Development Process by 30%

Innovation 360 Group

A new product development process that works at lightning speed requires new ways of working plus new ways of innovating. In this post we will cover how to: Cut your development cycle time and free up working capital. The fastest growing companies interpret innovation through multiple lenses.

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Four reasons why corporate startups fail (and how yours can be succesful)

whataventure

BONUS : Download our guide on how to successfully find your first paying customers ). In this post, we will share her story and the four main reasons why she thinks corporate startups usually fail and how to overcome that. For corporates, radical innovations are, in most cases, a nice-to-have or the cherry on top of the cake.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Tip: Tim Kastelle has posted a worthwhile series on how to implement lean startup for innovation initiatives. Operating in unpredictable environments relies on an agile organization , following an adaptive, evolutionary and more bottom-up approach, resembling complex adaptive systems, e.g. in biology.

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The Case for Dual Innovation

Tim Kastelle

Two-thirds of all breakthrough innovators stated that all innovation and product development is controlled and driven by a centralized organization, at least in its initial stages. More than 70 percent have a different organizational entity for managing radical innovation. (…). Accenture: 2015 US Innovation Survey.

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Successfully Merging Theory and Practice in your Innovation Program

Qmarkets

As a result, we moved from initially offering solutions limited to the back-end of innovation (project portfolio management and Stage-Gateâ„¢ project governance), to the front-end of innovation, where collaborative and open innovation offered very efficient ways to feed the innovation pipeline with more innovative ideas and concepts.