Remove Change Remove Comparison Remove Innovation Remove Technology
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Innovative Strategies for Effective R&D Budgeting

Innov8rs

Now, imagine that something special is a groundbreaking innovation that could change the world. But here’s the catch: you don’t know how much that innovation will cost, or how long it will take to achieve. Welcome to the world of R&D budgeting. However, some companies are doing things differently.

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First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

This idea quickly became popular in technology companies and areas like Silicon Valley where it was used as evidence of a need to launch first (even if you didn’t have a working product), spend big on marketing and get customers at any cost. This can require significant marketing and sales effort to change.

Strategy 257
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At the digital transformation and innovation crossroads

Jeffrey Phillips

I went to a meeting about innovation earlier this week with a former client and a discussion about digital transformation broke out. Change is being thrust upon them. we are the first generation in history where the pace of change has gone hyper-critical within our lifetimes. The corporations didn't change.

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Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

Discontinuous innovation represents a seismic shift in how industries function and evolve. By definition, it refers to the introduction of groundbreaking products or services that fundamentally change market dynamics, often rendering existing solutions obsolete.

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5 Misconceptions to Avoid When Building Your Innovation Strategy

Qmarkets

Innovation — a necessary component of any successful business in the modern world. Without it, our companies would fail to grow and evolve with the ever-changing markets that we are serving. While innovation is pertinent, it is often misunderstood and as a result, many companies fail to reap the benefits of it at its best.

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The cost of innovation

Jeffrey Phillips

For many years, in writing this blog, and in leading innovation projects for my clients, I tried to advocate for the benefits of innovation. The companies that do make the bet, and that do focus on innovation, often show the benefits in terms of higher profits, greater market share and higher stock prices.

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5 Misconceptions to Avoid When Building Your Innovation Strategy

Qmarkets

Innovation — a necessary component of any successful business in the modern world. Without it, our companies would fail to grow and evolve with the ever-changing markets that we are serving. While innovation is pertinent, it is often misunderstood and as a result, many companies fail to reap the benefits of it at its best.