article thumbnail

The Case for Dual Innovation

Tim Kastelle

And it looks like I have a point here… After being discounted by many innovation practitioners in my sphere for some time, the concept of organizational ambidexterity is now finally gaining traction with rising speed. More than 70 percent have a different organizational entity for managing radical innovation. (…).

article thumbnail

What is innovation, and how can it benefit your company?

mjvinnovation

Radical innovation: implementing completely new ideas into products, services, or business models. They have the most significant impact because new markets or customer needs may arise from this innovation; ? Sustainable innovation: it helps companies to defend their position in the market and remain competitive.

Company 40
Insiders

Sign Up for our Newsletter

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

article thumbnail

What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

The survey exposes the myth that innovation is not one of the three top challenges, innovation ranks fifth as it follows the more conventional concerns of managing talent as the top (and that did surprise me) and regulatory and competitive threats.

Report 212
article thumbnail

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.

article thumbnail

The Case for Dual Innovation

Integrative Innovation

And it looks like I have a point here… After being discounted by many innovation practitioners in my sphere for some time, the concept of organizational ambidexterity is now finally gaining traction with rising speed. More than 70 percent have a different organizational entity for managing radical innovation. (…).

article thumbnail

HLL Hyreslandslaget AB Best-in-Class Service Innovation Across Europe

Innovation 360 Group

By leveraging both incremental and radical innovation strategies, an approach strongly correlated with increased capability in our own research , they have been able to gain a huge competitive advantage in a very conservative industry. Now they are strongly positioned to act on this advantage.

article thumbnail

Choosing your direction of travel

Paul Hobcraft

Yet this seems emerging, one that can be a prelude to opening-up a far more cross-disciplinary field that studies molecular materials, structures and systems and their application to real-word problems than any one company possesses the complete insight to own it. We do need a new radical innovation redesign to take hold?