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Why Companies are Turning to Innovation Centres

Destination Innovation

These are some of the reasons why senior corporate executives are increasingly turning to separate innovation labs to spearhead their new product development. Innovation has never been more important nor so difficult. An innovation centre is a team of people and a physical location. In-house Innovation Labs.

Company 100
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Want to Innovate? Make Sure You Have a Seat at the Table

Innovation in Practice

For most companies, the top marketer, usually called the chief marketing officer, is part of the senior leadership team and sits on the executive committee or management board. If you let things slip in terms of your team’s skills and effectiveness, you’re going to lose that seat. Product development goes to R&D.

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Future-Proof Your Business: Building Strategies for a Disruptive World

Leapfrogging

To avoid the pitfalls of a static strategy and ensure your business is future-proof, it’s essential to foster a culture of agility and strategic foresight. Fostering Innovation from Within Innovation shouldn’t be outsourced; it should be an internal engine driving your business forward.

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The Innovation Mosaic: Building Bridges Between the Many Perspectives on Innovation

Legacy Innovation Group

Admittedly, technology – real, serious, game–changing technology – is foundationally what has fueled all transformational innovations throughout the history of mankind (those that have changed how society functions), while more applied technological developments have been at the root of many breakthrough and disruptive innovations.

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15 most important Innovation Theories your company should be using

Idea to Value

However, there are more effective ways to innovate, as you will see further down this list. Suggested reading: 14 – Building a Culture of Innovation. What it is: One of the most challenging aspects of innovation for most companies is not the generating of ideas, or the development of new innovations.

Company 248