Remove Data Remove Disruption Remove Marketing Remove Product Innovation
article thumbnail

What to innovate now

Jeffrey Phillips

This is a great mode that I constantly refer back to with my clients, to convince them to think about innovation beyond product innovation. Today, experience innovation, process innovation and service innovation is as important as a new product. Product innovation is of course necessary for survival.

Agile 261
article thumbnail

Are Digital Transformation and Innovation the Same Thing?

IdeaScale

This can be changes in public policy, small improvements to a company’s processes, totally new, disruptive product offerings, and more. Global Innovation Management Institute’s describes the distribution of innovation possibilities into one of five categories: business model, production, offering, delivery, and market innovation.

Policies 206
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

The "whole product" is more relevant than ever

Jeffrey Phillips

Whole product (1.0) It turns out that most of the market prefers well-conceived and fully developed solutions rather than core technologies. When the technology is finally wrapped in the additional features, services, offerings and data that make up a "whole product" then the vast majority of the market is willing to acquire.

article thumbnail

Innovation needs the power of completing the 4th Industrial Revolution

Paul Hobcraft

We are facing greater disruption and an increasing innovation pace. The prospect of new innovation potential will eventually work through into the world of Industry 4.0 Innovation is ready for those accelerating and being fully committed to their 4IR journey. Innovation is the unlocking mechanism.

Industry 289
article thumbnail

What 2019 holds for innovation

Jeffrey Phillips

I wrote my obligatory look back at 2018 article on innovation recently, so it is natural that we should turn our attention to where innovation will take us in 2019. In the 2018 review I made some disparaging remarks about Apple, which may or may not have caused it to lose a tremendous amount of market capitalization.

article thumbnail

Why innovation must become the new core competency

Jeffrey Phillips

But recognizing, validating and implementing new ideas IS hard, and this is why innovation will always be the strange uncle corporations keep in the attic. Every company wants more innovation, to drive better revenue, profits and market share. Innovating once is easy, innovating consistently over time is difficult.

Agile 157
article thumbnail

Why being ambidextrous is not enough - looking ahead to 2020

Jeffrey Phillips

So the question becomes - will there be a sustained push for more innovation, and will there be a need for more external assistance? I think there will remain a focus on innovation, but with different agendas and motives. A good friend, Drew Boyd, who is no slouch at innovation himself, suggested that innovation moves in cycles.