article thumbnail

Rethinking the measuring of innovation

Paul Hobcraft

Why do established businesses ignore the investment rationale for delivering real innovation winners that can change the fortune of the business and leave this ‘venturing’ to others to gain transformational solutions or even radically alter existing business value propositions and then ‘cry’ over being disrupted? . •

article thumbnail

When innovation led to a reversal of fortunes

hackerearth

The world is moving around you - customer expectations are changing, competitors are always catching up and threatening to take away your business.”. Here’s a look at top companies who took customized innovation routes to pull themselves back from the brink of failure: APPLE. The company encourages open innovation via Lego Ideas.