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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

This distinction is crucial because the management systems, support structures, and resources required to nurture breakthrough innovations differ significantly from those needed for more incremental changes. Organizations must develop a capability for breakthrough innovation that goes beyond traditional R&D functions.

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Seven Strong Reasons not to Innovate

Destination Innovation

Innovations absorb resources and cost money. Innovation is risky. Most radical innovations fail so let’s just keep making our current products and services better. If we do not innovate our competitors will find ways to overtake us. Everyone is busy but we have to find time and resources for innovation.

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The core principles of Leading FOR Innovation

Cris Beswick

I’ll unpack the core principles of ‘Leading FOR Innovation’ and share approaches to help overcome the organisational antibodies that often stifle innovation, empowering teams to unleash bold ideas that can reshape your industry’s future. Horizon 1 activity has lower risk but also lower return.

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Creative Construction – Book review

The Inovo Group

Well-respected Harvard Business School professor and HBR contributor Gary Pisano has weighed in on the topic of large company innovation in his new book ‘Creative Construction’. He makes a compelling case that being ‘large’ doesn’t have to mean being non-innovative, or growing only through the acquisition of innovative start-ups.

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PESTLED360: Iron Out Key Driving Forces in Your Current Environment and Anticipate Future Ones

Innovation 360 Group

This calls for interaction, creativity, and the articulation of many different opinions. Imagine you are on the leadership team of one of the top five executive jet rental companies, such as Netjets, GlobeAir, or Stratos Jet Charters. This is what we call incremental innovation. Let’s work through an example together.

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Official Launch of the PESTLED360

Innovation 360 Group

This calls for interaction, creativity, and the articulation of many different opinions. Imagine you are on the leadership team of one of the top five executive jet rental companies, such as Netjets, GlobeAir, or Stratos Jet Charters. This is what we call incremental innovation. Let’s work through an example together.