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Building Capacity for Breakthrough Innovation

Innov8rs

This distinction is crucial because the management systems, support structures, and resources required to nurture breakthrough innovations differ significantly from those needed for more incremental changes. Organizations must develop a capability for breakthrough innovation that goes beyond traditional R&D functions.

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The Many 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. product, process or service).

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The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

It needs bold leadership. The structure of our business today cannot afford to try and stand alone, it needs to extend beyond its traditional supporting partners, it needs to learn to collaborate with a whole new range of partners, even some previously competitors, to radically adapt to the different world we live in.

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The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

It needs bold leadership. The structure of our business today cannot afford to try and stand alone, it needs to extend beyond its traditional supporting partners, it needs to learn to collaborate with a whole new range of partners, even some previously competitors, to radically adapt to the different world we live in.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Uber is a current prime example: they are attempting to expand into healthcare and travel. These communities stimulate social engagement around the product through participation in forums, sharing, collaboration or even user-driven innovation by co-creating new products. Interactions are complex and unpredictable.

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15 most important Innovation Theories your company should be using

Idea to Value

However, in every case, it is beneficial for a company to look inwards and see whether their people, processes and leadership are acting more as innovation enablers, or bottlenecks. When should it be used: Every company should look at itself frequently to find out how it can build its innovation culture in a way that is right for them.

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