Remove Competition Remove Leadership Remove Radical Innovation Remove Technology
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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Broad Categories of Innovation At the heart of the innovation spectrum lie two broad categories that encapsulate the range of strategies businesses can deploy: incremental innovation and radical (including disruptive) innovation.

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Building Capacity for Breakthrough Innovation

Innov8rs

Innov8rs | Breakthrough innovations are characterized by their ability to disrupt or redefine the competitive landscape, often rendering existing solutions obsolete. They represent a radical departure from existing products, services, or processes, paving the way for new markets, industries, and value networks.

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Uncharted Waters Disrupting the Corporate Boardrooms

Paul Hobcraft

They can’t seemingly handle radical innovation and there is even more of an imperative to learn. Radical innovation is defined here as: The report dug into the boards’ appetite for growth; how high is the bar? It examined the role of innovation in company strategy and its strategic importance on the board’s agenda.

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Treat Your Innovation Pipeline just like your Sales Pipeline

Destination Innovation

Who is the competition? What will this innovation compete with? Can we crack the technology? This is reasonably straightforward for incremental innovations but particularly hard for radical innovations. We can then evaluate the total projected impact of our innovation pipeline. Do they have a budget?

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The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

Technology offers them the transforming means but can they, as leaders, take their people with them? It needs bold leadership. Today we do have this tantalizing prospect, full of innovation promise, well within our reach with today’s technology potential. Either they adapt or die.

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The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

Technology offers them the transforming means but can they, as leaders, take their people with them? It needs bold leadership. It needs a very different level of focused leadership that see’s the real value of a connected future and is willing to drive through the changes this will take and the risks it can mean.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Accelerating dynamics and pace of disruption in most industries, in particular triggered by the perfusion of new technologies, lead to decreasing life times of existing business models. This requires companies to proactively or reactively innovate their business models in order to remain competitive.