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What is innovation? 15 experts share their innovation definition

Idea to Value

I spoke to 15 of the world’s leading innovation experts to get their definition of “innovation” The variety in their responses may surprise you. Analysis of all the definitions. The ultimate definition of innovation. Innovation is truly a confusing buzzword which many people love to hate.

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Six Insights for Innovating Amid Disruption

Yet2

In many ways 2020 defines the idea of disruption: the entire world went into lockdown, markets fluctuate, and every university and R&D department raced to innovate. Look to products that might not have been a perfect fit before but can be adapted to the moment while you start the direct innovation process.

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Episode 16 How to Manage Change and Create Resilient Organizations Through Innovation – Part 1

IM Insights

The discussion then delves into different types of innovation, including incremental, sustaining, and disruptive, with real-world examples illustrating their significance. Digital transformation is highlighted as a key component of sustaining innovation, enabling real-time customer interaction and response. [07:11]

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Building a lasting innovation capability

Jeffrey Phillips

A company needs to make reasonable bets across the incremental, transformative and disruptive horizons in proportions that make sense based on competition and speed of change. Demonstrate that innovation depends on finding the most innovative people, who by definition are rarely the more efficient people.

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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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Can Crowdsourcing Support Your Operational Excellence Strategy?

Qmarkets

Operational excellence is a business principle which is currently supported by a range of process management tools and methodologies, however, these approaches fail to utilize the most valuable resource at the disposal of all large organizations - their employees. How has the landscape of process excellence changed?

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Corporate Innovation: How to Overcome Unique Challenges

Econic

Our take from working with some of the best and brightest in corporate innovation: Start with the why and do everything you can to avoid some of the most common pitfalls as you navigate the how/who/what of your innovation program. Vision & Leadership 1. Governance & Metrics 1.

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