Remove Collaboration Remove Disruption Remove Innovation Management Remove LEAN
article thumbnail

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts. Reinvention through business model innovation. Let’s remind: One size does not fit all.

article thumbnail

Recognizing the Building Blocks of Innovation

Paul Hobcraft

To look forward, I would argue we always need to look back and account for the progress made in managing innovation over the years. Lean Startup: This approach was about creating a minimum viable product (MVP) and testing it in the market to get customer feedback. The transformation journey is still part way complete.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Business Model Innovation: 5 Frameworks for Success

Qmarkets

This innovation disrupted traditional media consumption, shifting from physical rentals and purchases to unlimited on-demand digital content, and significantly impacting the cable TV industry. By mapping out each component, companies can identify areas for innovation and explore how changes in one area may impact others.

article thumbnail

8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

In this guide, we’re unpacking eight critical types of innovation that businesses leverage to carve out their niches, disrupt markets, and write their success stories. Radical innovation is about making significant leaps forward, often creating new industries or reshaping existing ones.

article thumbnail

Innovation Management in 2023: Venture Building & Scaling

Innov8rs

As part of our recent The Innovator’s Handbook 2023 launch event, we discussed this (and more) with Frank Mattes (CEO at Lean Scaleup), Sean Sheppard (Managing Partner at U+), and Susana Jurado (Head of Wayra Builder at Telefónica). Why can it be so hard for corporates to launch substantial new businesses?

article thumbnail

Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

In part 1 of this post , Ralph revisited key innovation issues that were already addressed by us three years ago. It doesn’t always translate to managers, however. Co-Innovation and startup engagement. That means high integration costs – and another reason to be wary of new innovation.

article thumbnail

How Consulting Will Likely Change Because of the Pandemic

Leapfrogging

The consulting industry was already being disrupted before the coronavirus. Now the disruption is accelerating. I’ve already written about how the management-consulting industry is being disrupted by various trends like emerging technologies, the commodification of knowledge, and outdated business models.