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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Broad Categories of Innovation At the heart of the innovation spectrum lie two broad categories that encapsulate the range of strategies businesses can deploy: incremental innovation and radical (including disruptive) innovation.

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Building Capacity for Breakthrough Innovation

Innov8rs

They represent a radical departure from existing products, services, or processes, paving the way for new markets, industries, and value networks. It contrasts sharply with incremental innovation, which refers to minor improvements or upgrades to existing offerings. Radical innovation is full of surprises.

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The digital innovation era calls for new board leadership

Innovation 360 Group

In H1 you need traditional leadership styles, such as the Spiral Staircase (Loewe, Williamson, Chapman and Wood, 2001), focusing optimization of existing business and incremental innovation. Figure 2, Applying the Three Horizon Model. Figure 2, Applying the Three Horizon Model. in all three Horizons at the same time!

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The digital innovation era calls for new board leadership

Innovation 360

In H1 you need traditional leadership styles, such as the Spiral Staircase (Loewe, Williamson, Chapman and Wood, 2001), focusing optimization of existing business and incremental innovation. And last but not least, do an innovation assessment to identify your specific competence gaps as a starting point of reference.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

The platform environment is mostly characterized by a tension between collaboration and competition of the participating companies, often referred to as coopetition. Leadership through vision and influence, rather than command and control, is required. Interactions are complex and unpredictable. Winner-takes-all dynamics play out.

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The Case for Dual Innovation

Tim Kastelle

The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years ago. Two-thirds of all breakthrough innovators stated that all innovation and product development is controlled and driven by a centralized organization, at least in its initial stages.

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Four Models of Intrapreneurship Innovation

Integrative Innovation

Research shows that growth fueled through organic innovation is more profitable than growth driven by acquisition, in part because the organizational capability required is vastly different. Each of the models requires different forms of leadership, processes and skill sets. What is Intrapreneurship?