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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Broad Categories of Innovation At the heart of the innovation spectrum lie two broad categories that encapsulate the range of strategies businesses can deploy: incremental innovation and radical (including disruptive) innovation.

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Building Capacity for Breakthrough Innovation

Innov8rs

This distinction is crucial because the management systems, support structures, and resources required to nurture breakthrough innovations differ significantly from those needed for more incremental changes. Organizations must develop a capability for breakthrough innovation that goes beyond traditional R&D functions.

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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.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Reinvention through business model innovation. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the perfusion of new technologies, lead to decreasing life times of existing business models. Leadership through vision and influence, rather than command and control, is required.

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The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

Technology offers them the transforming means but can they, as leaders, take their people with them? It needs bold leadership. It ‘upends’ much, if not all, of how our business organizations have been organized around, mostly within themselves, it is needing radical change. Either they adapt or die.

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The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

Technology offers them the transforming means but can they, as leaders, take their people with them? It needs bold leadership. It ‘upends’ much, if not all, of how our business organizations have been organized around, mostly within themselves needing radical change. Today larger organizations are having to face the stark truth.

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Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

This can be both good and bad – good, because the acquirers get access to new ideas which can add revenue, and bad because it tends to discourage the development of internal innovation capability, in particular radical innovation which, in our view, is a critical aspect of long term success. The importance of radical innovation.