Remove Agile Remove Product Innovation Remove Radical Innovation Remove Report
article thumbnail

Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

In a recent report, jointly from the World Economic Forum and McKinsey called the “ The Fourth Industrial Revolution and the factories of the future ” t hey made a number of observations. “After a decade of flat productivity, the arrival of the Fourth Industrial Revolution (4IR) is expected to create up to $3.7

Industry 213
article thumbnail

What is innovation, and how can it benefit your company?

mjvinnovation

Incremental innovation: additional development and/or optimization of existing products, services, or models. Radical innovation: implementing completely new ideas into products, services, or business models. Agile innovation: the ideas are implemented using collaboration and iterative prototype loops.

Company 40
Insiders

Sign Up for our Newsletter

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

article thumbnail

Key Innovation Issues for 2016 and Beyond

Integrative Innovation

In particular for industrial products this, in turn, has been stimulated by maturing 3D printing technologies. 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.

article thumbnail

Co-creating volume 3

Innovation 360 Group

It was accomplished by a combination of brilliant ideas and productive innovation systems in collaboration. Governance and reporting structures. Is there an existing standard set by the Innovation Board or Executive Committee? Progress reports should come every 1 – 3 months. Selection of geographic locations.

article thumbnail

Co-creating volume 3

Innovation 360

It was accomplished by a combination of brilliant ideas and productive innovation systems in collaboration. Governance and reporting structures. Is there an existing standard set by the Innovation Board or Executive Committee? Progress reports should come every 1 – 3 months. Selection of geographic locations.