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Calling all innovators: Africa’s electricity market is ripe for market-creation

Christensen Institute

In 2021 , stimulus spending meant to spur investment in energy projects was still falling short of what was needed to ensure a sustainable recovery from the crisis. In other words, if innovators create markets that serve nonconsumers of electricity, they’ll also, in effect, generate transformative developmental impact.

Marketing 116
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Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

By definition, it refers to the introduction of groundbreaking products or services that fundamentally change market dynamics, often rendering existing solutions obsolete. This form of innovation doesn’t just improve on existing products; it completely redefines them, creating entirely new markets and consumer behaviors.

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Building Capacity for Breakthrough Innovation

Innov8rs

They represent a radical departure from existing products, services, or processes, paving the way for new markets, industries, and value networks. It contrasts sharply with incremental innovation, which refers to minor improvements or upgrades to existing offerings. Radical innovation is full of surprises.

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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Every successful company has one thing in common: a deep-seated commitment to innovation. It’s the secret sauce that has transformed startups into tech giants and turned traditional businesses into market leaders.

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Treat Your Innovation Pipeline just like your Sales Pipeline

Destination Innovation

Managing the Sales pipeline is a well-developed executive skill in any company selling large ticket items to business customers. The pipeline of innovation projects for new and improved products and services is also strategically vital for the business but typically it is not treated with the same attention or importance.

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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
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Four reasons why corporate startups fail (and how yours can be succesful)

whataventure

In our recent research on why corporate startups fail and what makes them successful, we had an insightful discussion with more than 40 decision-makers and project leaders from various corporates. The story of MOBIKO starts at Audi Business Innovation in 2017. Rarely innovation projects are being prioritized over the daily business.