IdeaScale
JUNE 27, 2023
What is Product Innovation? Product innovation is defined as the creation and development of new or improved products, services, or processes by a company or organization.
Jeffrey Phillips
OCTOBER 27, 2015
But when we call on people to innovate, there are a host of unknowns and uncertainties. For example: how much should we invest? How do we prioritize existing projects and new innovation work? Perhaps one of the simplest, and yet most important unknown to address is a definition of innovation.
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Jeffrey Phillips
JANUARY 14, 2021
I find it useful to consider first the definition of these two concepts. Innovation Definition Innovation, in its simplest form, is simply turning good ideas into some valuable action. That action may be creating a new product, or developing a new channel or business model. Strategy is often difficult to define.
IdeaScale
APRIL 14, 2021
What are the different types of innovation? With so many types of innovation and even more definitions, it can be confusing to discuss innovation in your organization. It seems like new innovation types arrive at the scene all of the time, leaving people reaching for Google to get up to speed. Product Innovation.
Jeffrey Phillips
NOVEMBER 27, 2018
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. Moore went on to say that features that were in the expected, whole or ideal product always migrate into the core product.
IdeaScale
AUGUST 22, 2019
EmbraerX’s concept of a short-commute VTOL, for example, definitely pushes boundaries, but it also plays to Embraer’s strengths. The Components of a Productive Innovation Department. The company’s “unfair advantage” of having lots of experience in building aircraft gives structure to the ideation process.
Jeffrey Phillips
DECEMBER 16, 2016
Nothing about innovation is black magic, although many executives and decision makers continue to act as if it is - mostly from a lack of understanding or limited time to fully grasp the approach. Language, as an example Take for example the idea of creating a simple, consistent language for innovation.
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