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Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

In this article, we delve into the essence of discontinuous innovation, its impact on the competitive landscape, and how businesses can harness its transformative potential. Defining Discontinuous Innovation Discontinuous innovation introduces significant technological leaps or entirely new business models , much like radical innovation.

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You can't burn data

Jeffrey Phillips

As the concept of digital transformation takes root, you may frequently hear comparisons between data and oil. This comparison was strong enough to lead Wired magazine to define data as the new oil in a magazine article some years ago. On the surface, this comparison seems to make some sense.

Data 157
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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. And competition has its advantages.

Strategy 257
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At the digital transformation and innovation crossroads

Jeffrey Phillips

Digitalization will just lead on to digital transformation - including the underlying technologies, better use of the data that is generated but more importantly radical change of business models. Product innovation will seem child's play by comparison, but business model change will be the real opportunity.

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Navigating the Shift from Project to Product: A Map for Success 

Planview

In the dynamic world of technology, where the pace of change is relentless and the demand for agility is non-negotiable, how do enterprises ensure they’re on the path to success? The magnitude of inefficiency and waste generated as organizations undergo the transition needs urgent attention from business and technology leaders.

Project 69
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5 Misconceptions to Avoid When Building Your Innovation Strategy

Qmarkets

With a systematic approach, you’ll be able to turn any front-end ideas or research into fully developed initiatives that will become measurable products, processes, technologies, etc. Innovation is Only Concerning Technology This is probably one of the most common misconceptions you will come across about innovation in the business world.

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5 Misconceptions to Avoid When Building Your Innovation Strategy

Qmarkets

With a systematic approach, you’ll be able to turn any front-end ideas or research into fully developed initiatives that will become measurable products, processes, technologies, etc. Innovation is Only Concerning Technology This is probably one of the most common misconceptions you will come across about innovation in the business world.