Remove Innovation Programs Remove Product Innovation Remove Radical Innovation Remove Strategy
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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

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. Whether it’s tweaking a product to perfection or revolutionizing an industry standard, innovation comes in many flavors.

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Getting started with Innovation Metrics

Strategos

Align your metrics with the goals of your innovation program. Are you seeking game-changing, radical innovation or incremental innovation or both? Is the goal to innovate in the core business as well as building future businesses? Are there specific targets or markets for your innovation program?

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Another example is the recently introduced strategy framework by Martin Reeves, Knut Haanæs, and Janmejaya Sinha from BCG. Here, dedicated strategies and innovation approaches are defined for different business environments, characterized by the factors predictability, malleability and harshness (see figure below).