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12 Types of Innovation You Should Know in 2021

IdeaScale

Social Innovation. Social innovation refers to both the new strategies, concepts and ideas innovated to meet the social needs of society (including, but not limited to, working conditions, education, health, and community development) as well as the social processes of innovation, including open innovation techniques.

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Has innovation changed over the last ten years?

Paul Hobcraft

From incremental to radical : Innovation used to be seen as an incremental process where organizations improved their existing products, services, or processes by making small changes. Disruptive innovation is the creation of a new value proposition that displaces existing ones 2. References 1. oecd.org 2.

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The Potential Returns of the Composable Innovation Enterprise Framework

Paul Hobcraft

The thrust of the framework is “ Organizations can create a more comprehensive and effective innovation ecosystem by utilizing building blocks as components of the innovation stack, guiding platform development using the innovation stack, and supporting the innovation stack with a platform.

Agile 182
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Unleashing the Power of AI in Innovation Management

Leapfrogging

However, with the advent of artificial intelligence in innovation management , these stages and gates are being reimagined. AI technologies offer unprecedented capabilities in data analysis, pattern recognition, and predictive modeling, which can significantly enhance the efficacy of the Stages and Gates process.

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Gaining a Different Perspective on Innovation through Platforms, Blocks, and Stack Designs

Paul Hobcraft

(Larry Schmitt- The Innovation Stack) A comprehensive innovation ecosystem design offers several benefits, including fostering a culture of innovation, accelerating the innovation process, enhancing collaboration, leveraging diverse perspectives, and driving competitive advantage.

Design 182
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The Final Perspective: A Composable Innovation Enterprise Framework

Paul Hobcraft

In my view any new approach to innovation needs to aim to achieve interdependent and interlocking innovation, solving problems that have not been addressed before and offering sustainable value, impact, and returns to all involved or significantly improving on the existing solutions.

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Qmarkets Named Idea Management Market Leader in Winter 2020 Customer Success Report

Qmarkets

With outstanding scores across a wide variety of criteria, Qmarkets was recently recognized as a ‘Market Leader’ by FeaturedCustomers – a top customer reference platform for B2B business software and services. Within this exclusive selection , Qmarkets attained a place of prominence as a ‘Market Leader.’