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How internal innovators win the game

Innovation Excellence

Unfortunately, too many corporation’s investment practices measure the return on individual innovations rather the return on the portfolio of innovations. That said, mathematically, you further multiply your options for innovation if you also fall in love with other problems. If you measure revenue from new products (e.g. %

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Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

In recent years, many established market leaders have been eliminated almost overnight by new entrants with disruptive innovations that do new things in ways that the existing market did not expect. By buying out the competition, they eliminate this threat. Encourage innovative thinking by rewarding innovative thought.

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article thumbnail

Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

In recent years, many established market leaders have been eliminated almost overnight by new entrants with disruptive innovations that do new things in ways that the existing market did not expect. By buying out the competition, they eliminate this threat. Encourage innovative thinking by rewarding innovative thought.

Survey 40
article thumbnail

How internal innovators win the game

Innovation Excellence

Unfortunately, too many corporation’s investment practices measure the return on individual innovations rather the return on the portfolio of innovations. That said, mathematically, you further multiply your options for innovation if you also fall in love with other problems. If you measure revenue from new products (e.g. %

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Improvement vs Innovation: Which Is Better For your Business?

Qmarkets

Innovation requires creative thinking, imagination, and risk-taking. When you’re trying to come up with new ideas, you can use brainstorming techniques such as mind mapping, free association, and ideation exercises to help you generate a broad range of ideas. Another approach to innovation is using internal and customer feedback.