Remove Competition Remove Course Remove Radical Innovation Remove Technology
article thumbnail

Evolution of Hyperloop: Propelling innovation the Elon Musk way

hackerearth

The aim was to understand how Musk makes these radical innovations possible and how exactly he propels innovation. During the course of research, there were two things that stood out. In terms of the innovation matrix, the Hyperloop falls in the radical quadrant. Source: Dailymail. Birth of an Industry.

article thumbnail

Why Building a Culture of Innovation is your Competitive Advantage

Wazoku

It’s perhaps safe to say, therefore, that they’ve mastered the art of innovating to derive a competitive advantage. If you can embody the spirit of innovation in one man, it’s perhaps that of Thomas Edison. That’s where differentiated innovation comes into its own.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Two strategic approaches to innovation: incremental vs radical

The BMI Lab Blog

This approach is very popular because it reduces the risk that radical innovation usually takes. Moreover, companies with great human capital, resources, and capital find that is much easy for them to follow this innovation path, which brings clear advantages, such as: Helps companies remain competitive.

article thumbnail

What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

So where does innovation sit within your organization? Both are I feel “painting” a realistic picture of where innovation does sit within organizations. Am I happy with this, no of course not but in my view “nothing can change until something does change” What do I mean by that? Two reports recently came out.

Report 212
article thumbnail

The Case for Dual Innovation

Tim Kastelle

Evaluating breakthrough innovation cultures and organization s, BCG concludes in their annual 2014 study: By definition, breakthrough innovation is the introduction of new ideas that drive a different way of doing things. This requires risk taking, of course, since no one can foresee the outcome or results of such initiatives.

article thumbnail

Co-creating volume 3

Innovation 360 Group

Of course, that is not to make light of the serious conditions still facing a great number of people in every region of the Earth. Innovators following the Need Seeker strategy will be most interested in narrowing the spotlight on customers, partners, and clients to offer superior value to the market. Adopt and adapt new technologies.

article thumbnail

Co-creating volume 3

Innovation 360

Of course, that is not to make light of the serious conditions still facing a great number of people in every region of the Earth. Innovators following the Need Seeker strategy will be most interested in narrowing the spotlight on customers, partners, and clients to offer superior value to the market. Adopt and adapt new technologies.