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Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

The power of discontinuous innovation lies in its ability to transform not just business operations but also market landscapes, offering immense opportunities for companies that dare to lead the charge. This concept, often used interchangeably with radical and disruptive innovation, has nuances worth understanding.

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The core principles of Leading FOR Innovation

Cris Beswick

Leaders who champion innovation understand its role in driving competitive advantage, increasing market share, and, often, creating entirely new markets. The ultimate manifestation of this is to figure out how to disrupt yourself inside the safety of an innovation process before a competitor (existing or new) does it for you.

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Moving towards a new innovation service model

Paul Hobcraft

This is part two of an extended series on my thoughts on “ moving towards a new way of managing innovation ” that explores the potential for changing the management of innovation. We all feel the need for speed as the pace of innovation quickens, as we face shortening life cycles, greater competition and growing market pressure.

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Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

Increasingly, there is this recognition that the competitors seem to be moving faster towards becoming more digital, so it then becomes a race to catch up, as this “digital advantage” is increasingly eroding competitive advantage for the digital laggard, even if he is today the market leader.

Industry 213
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Co-innovation: the concept, its benefits, and why you need to embrace it

hackerearth

Innovation is the key to gaining and sustaining competitive advantage, especially in today’s fast-paced, tech-fueled business ecosystem. Traditionally, many organizations used their own knowledge monopoly to innovate and deliver dominant technologies and products to the market. Benefits of co-innovation. Source: Hitachi.

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How much is innovation costing your organization?

Innovation 360 Group

Ultimately, the market evolved to support a declining price based on competitive price pressures, and that is good for everyone. Improve Your Innovation Platform – build a robust decision process at each stage. The innovation process can be unwieldy and costly to operate.

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Digital Technology MoshPit

Gregg Fraley

The MoshPit system seeks to find combinations of concepts that lead to innovation. Digital technology holds promise to improve, or radically innovate, many areas of an organizational value chain. To discover radically new applications for digital tech what’s needed is taking a comprehensive look across all operations.