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What Role Does Competition Play in Innovation?

IdeaScale

Competition is innate in what humans do. Everybody wants to be the best at something, whether it’s their hobby, their job, or their industry. However, left unchecked, competition can become a toxic fight to win, rather than succeed. That begs the question, exactly what role does competition have in innovation?

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Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

Discontinuous innovation represents a seismic shift in how industries function and evolve. 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.

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Industry 4.0

eZassi

Improving Industry 4.0 With Innovation Management In today’s rapidly evolving business landscape, staying ahead of the competition requires embracing Industry 4.0 What is Industry 4.0 Industry 4.0 Industry 4.0 Industry 4.0 Industry 4.0 Additive Manufacturing: New methods for Industry 4.0

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Managing WIP and Bottlenecks in the Financial Industry

Planview

These Agile principles have introduced a new level of adaptability, collaboration, and responsiveness, allowing organizations to stay agile and competitive in the ever-evolving market. Portfolio Prioritization Prioritize projects and initiatives based on their strategic importance, regulatory impact, and potential returns.

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5 Early Indicators Your Embedded Analytics Will Fail

In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.". Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late.

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Navigating Technical Debt in the Automotive Industry

Planview

Amidst the relentless waves of innovation and competition, OEMs, suppliers, and manufacturers in the automotive industry navigate a sea of challenges and opportunities. Financially, it imposes a burdensome surcharge of 10 to 20 percent, as revealed in the McKinsey mentioned earlier, compounding project expenses.

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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

One of the best ways to assess what proportions your company should allocate to different types of innovation projects is by looking at your current and desired innovation portfolio. But what does a well-balanced innovation portfolio look like? The 70-20-10 ratio was always an average though. Circles highlighted in original report.

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New Study: 2018 State of Embedded Analytics Report

Why do some embedded analytics projects succeed while others fail? We surveyed 500+ application teams embedding analytics to find out which analytics features actually move the needle. Read the 6th annual State of Embedded Analytics Report to discover new best practices. Brought to you by Logi Analytics.

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Measuring Innovation Performance

Why do only a third of the organizations worldwide have formal innovation metrics in place despite accepting that innovation is critical to survival? Download this eBook to learn about the 5 basic principles that guide every successful innovation process.