Remove Automotive Remove Disruption Remove Radical Innovation Remove Technical Review
article thumbnail

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. Platform business models tend to affect, oftentimes disrupt, multiple industries over time.

article thumbnail

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

mjvinnovation

For many companies, innovation means taking products and services and changing them in detail: color, shape, features, size, etc. However, this form of incremental innovation alone does not work anymore in many markets. Besides, due to digital transformation, companies also need to develop more digital business models.

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

Reinvention through business model innovation. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the pervasion of new technologies, lead to decreasing life times of existing business models. Let’s remind: One size does not fit all.

article thumbnail

Digital Innovation Units: Recommendations, Trends and Conclusions

Integrative Innovation

Corporations should be even more courageous in order to make room for deep tech issues such as quantum computing in addition to corporate-related product and service improvements. Company builders that operate decentralized isolated to explore and develop disruptive innovations that are beyond the core business have been a rarity so far.

Trends 58