Remove Competition Remove Marketing Remove Policies Remove Project
article thumbnail

Lateral Thinking in Business Strategy

Destination Innovation

How can you differenitate your business from the competition? Dyson disrupted the vacuum cleaner market by creating bagless vacuum cleaners, a concept that challenged the traditional vacuum design and improved performance. Let’s look at some examples of lateral thinking in business strategy and innovation.

Strategy 169
article thumbnail

Innovation on Steroids: Next Generation AI-Powered Phases and Gates

Leapfrogging

At each gate, key criteria are assessed by a cross-functional team, which may include factors like market viability, technical feasibility, and financial projections. Integrating AI into the phases and gates processes is essential for organizations striving to maintain a competitive edge in today’s fast-paced market.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Accelerating Clean Energy Innovation

Paul Hobcraft

This realization and reality demand that all global governments quickly increase and reprioritise their spending on research and development and demonstrate and deploy clean energy technologies – putting them at the core of energy and climate policy. For advanced batteries, this pathway to commercialisation is being funded by capital markets.

Report 345
article thumbnail

Mastering the Art: Using Organizational Culture for Business Agility and Resilience

Leapfrogging

A culture that is adaptable, innovative, and collaborative can better withstand market fluctuations and respond to challenges swiftly and effectively. Another effective method is the cultural audit, which involves a comprehensive review of company policies, procedures, and practices to see how they align with the desired culture.

Agile 130
article thumbnail

Thinking about innovation and strategy

Jeffrey Phillips

It's just one of several, but I think I like it the best: a plan of action or policy designed to achieve a major or overall aim. Several important things to note about this definition: It is a plan of action or a policy - that is, strategy is extenuated over a period of time. Strategy is not a momentary action or a project.

Strategy 284
article thumbnail

Constructing the innovation mandate

Paul Hobcraft

Innovation is a critical source of future competitive advantage. We will focus on both incremental and distinctive innovation outcomes and ones that have the potential for disruptive or breakthrough innovation, that are exploring new technologies, markets, and new business models to drive growth and create value.

article thumbnail

The Art of Leapfrogging across the Energy Transition.

Innovating4Energy

Economic Advantages: By embracing innovative and advanced technologies, your organization can position itself as a leader in the sectors you compete in, search for broader global energy market reach, and build upon the growth and competitiveness aspects these innovative solutions can offer.

Policies 122