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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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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

This requires companies to proactively or reactively innovate their business models in order to remain competitive. Recent research has confirmed successfully disrupting as well as outperforming companies to be significantly more engaged in business model innovation. Cases in point: Lego and Burberry.

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DON’T LISTEN TO YOUR CUSTOMERS!

Innovation 360 Group

They thought customers were buying film, chemicals, inkjet cartridges, workflow software, and so on. Kodak’s competition was not just other camera and printer companies, but entirely new innovations like social media. The real lesson is that Kodak lost their way because they lost sight of what people were buying.

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Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

Legacy systems plague the ability to break out of our present traps of silo’s and we are still struggling to solve these issues, machine by machine, a process by process, incompatible software and hardware, piece by piece. Innovation is one powerful catalyst ripe for leveraging in this 4th Industrial Revolution.

Industry 213
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What is innovation management and why your organization needs it

hackerearth

Initiates the innovation process. Reduces risk of becoming obsolete due to competitors. Improves chances of survival due to better solutions spawned from newer technologies. Evolution of Innovation Management. van der Duin1, there are four generations of innovation management after WWII. Increases market success.

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What is innovation management and why your organization needs it

hackerearth

Initiates the innovation process. Reduces risk of becoming obsolete due to competitors. Improves chances of survival due to better solutions spawned from newer technologies. Evolution of Innovation Management. van der Duin1, there are four generations of innovation management after WWII. Increases market success.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

This requires companies to proactively or reactively innovate their business models in order to remain competitive. Recent research has confirmed successfully disrupting as well as outperforming companies to be significantly more engaged in business model innovation. Cases in point: Lego and Burberry.