Remove Collaboration Remove Design Remove Product Innovation Remove Radical Innovation
article thumbnail

12 Types of Innovation You Should Know in 2021

IdeaScale

Product Innovation. Product innovation refers to the creation of a new or significantly improved good or service. It includes both the development of new products and changes in the design of established products. Radical Innovation. Incremental Innovation. Marketing Innovation.

article thumbnail

Innovation needs the power of completing the 4th Industrial Revolution

Paul Hobcraft

We have to recognize the days of simple product innovation are dwindling. where technology, digital solutions, greater customer insights, where a new breed of designers, engineers, scientists, and software talent are combining built through a platform and new innovation ecosystems thinking, are all emerging.

Industry 289
Insiders

Sign Up for our Newsletter

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

article thumbnail

8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Radical & Disruptive Innovation On the flip side, radical and disruptive innovation challenges the status quo by introducing new concepts, products, or models that shift market dynamics. Radical innovation is about making significant leaps forward, often creating new industries or reshaping existing ones.

article thumbnail

Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

Less than 30% of manufacturing companies are actively rolling out Fourth Industrial Revolution technologies at scale” No wonder we presently have trouble attracting many businesses onto platforms when they are still very much behind in deciding or deploying a strategically thought-through IIoT digital design, that is connecting everything up.

Industry 213
article thumbnail

3 Ways to View Your Innovation Basket

Innovation Excellence

(including one that makes Radical Innovation easy) GUEST POST from Robyn Bolton You are a rolling stone, and that means you gather no moss!

article thumbnail

Choosing your direction of travel

Paul Hobcraft

You do get tired of hearing “we are looking to become a value-creating solution provider”, yet the willingness to really create collaborative networks is still stuck in the “us and them” mentality. The thinking through on the contribution around innovation needs to be changed. Struggling with legacy and old models.

article thumbnail

Moving towards a new innovation service model

Paul Hobcraft

The realization that innovation goes way beyond product innovation is a massive hurdle for many of our existing organizations to overcome, certainly in what they are offering today as solutions. Producers of innovation need to transition radically into a different innovation delivery & design structure.