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Connecting innovating value comes from Ecosystem thinking

Paul Hobcraft

Demands by customers are shifting to expecting customer experience and engagement that we must provide. The need for radical innovation changes the present position. There is growing value in engaging in business ecosystems. We need to become more ready to deal with the unknowns. We have built-in constraints.

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Eight Ways to Adopt Radical Innovation

Tullio Siragusa

Eight Ways to Adopt Radical Innovation. At the heart of true innovation, however, is the need to continually birth new ideas, and new ways of doing things. Doing things great is what turns ordinary companies into innovative leaders, who shape markets, and sometimes create completely new market opportunities.”.

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Eight Ways to Adopt Radical Innovation

Tullio Siragusa

Eight Ways to Adopt Radical Innovation. At the heart of true innovation, however, is the need to continually birth new ideas, and new ways of doing things. Doing things great is what turns ordinary companies into innovative leaders, who shape markets, and sometimes create completely new market opportunities.”.

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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

It’s the secret sauce that has transformed startups into tech giants and turned traditional businesses into market leaders. Innovation isn’t just about the next big idea; it’s a multifaceted strategy that businesses employ to navigate through the twists and turns of today’s dynamic markets.

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The Ten Types of Innovation

Destination Innovation

Incremental innovation is an improvement in an existing thing (e.g. Radical innovation is finding an entirely new way of doing something. For example if you had been making spectacles in the 1950s then plastic lenses instead of glass lenses would have been an incremental innovation. Channel – how you get to market.

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Innovation needs the power of completing the 4th Industrial Revolution

Paul Hobcraft

It shifts our thinking and the management of innovation dramatically. The ability to have a more “rapid response, adaptive designs and flexible manufacturing” can align more to market shifts earlier. There are so many opportunities for innovation well beyond products and services. We can open up so many new possibilities.

Industry 290
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So Where Is Innovation Heading?

Paul Hobcraft

We are seeing blurred boundaries, digital is raising the stakes and fear of missing out, it is upping the speed at which others are competing with new concepts, ideas, and engagement with customers. Traditional methods and approaches to innovation are completely breaking down, hence my total belief we are in the new era of innovation.