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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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How to Measure the Success of Your Innovation Management Strategy

IdeaScale

Time itself creates points of comparison, whether you choose to evaluate them or not. Projecting ways innovation causes improvement is essential to any innovation management strategy. Customer and market value in terms of customer loyalty, brand equity, and market share. Numbers don’t lie.

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The cost of innovation

Jeffrey Phillips

The companies that do make the bet, and that do focus on innovation, often show the benefits in terms of higher profits, greater market share and higher stock prices. We don't have to look far in the corporate scrap heap to find firms that were leaders (Nokia, Kodak) but became obsolete due to a failure to notice changes in the market.

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Innovative Strategies for Effective R&D Budgeting

Innov8rs

Rethinking R&D Budgeting There’s no denying R&D budgeting can be a bit of a rollercoaster, as companies navigate the uncertain outcomes, costs and timelines associated with transforming their ambitious ideas into market-changing innovations. R&D budgeting is not a mere allocation of funds, but the careful nurturing of a seed.

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

Planview

The secret lies in transitioning from a project-oriented management approach to a product-centric model. It’s a paradigm shift that promises reduced time-to-market, heightened agility, and an unwavering focus on delivering value. Yet, the journey is rife with challenges.

Project 69
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The Total Economic Impact of Spigit’s Ideation Management Software

Planview

To address this, Spigit commissioned Forrester Research to conduct an independent study examining the value customers receive from implementing Spigit’s ideation management software. Forrester cited the following outcomes from their in-depth interviews and analysis: Creating culture of engagement and innovation.

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Use Intuition for Innovation Just Like Apple and Target

Leapfrogging

Apple never did formal market research to tell them what to do. Steve Jobs once said, “We do no market research. Participants in the first group are asked to select the best apartment immediately after reading the comparisons–they don’t have time to really think about their choice. The answer may surprise you.

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