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Incremental or Radical Innovation?

IdeaScale

Consider what incremental innovations your customers and industry are leaning towards and ask yourself how you can step beyond it. With every innovation or failure, large or small, analyze them closely for lessons learned and opportunities they’ve created. Innovation begets innovation. Contact us.

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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Radical & Disruptive Innovation On the flip side, radical and disruptive innovation challenges the status quo by introducing new concepts, products, or models that shift market dynamics. Radical innovation is about making significant leaps forward, often creating new industries or reshaping existing ones.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

In the first place, experimentation is about testing assumptions and hypotheses by means of a scientific learning approach. Recently, experimentation in innovation management is particularly facilitated by intensified use of (rapid) prototyping. Culture of experimentation (and speed).

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So Where Is Innovation Heading?

Paul Hobcraft

This agility needs the tools of testing, feedback, and adaptation to accelerate the innovation process. The design needs to be customer-centric, agile, experimental, lean, standard as much as it can be, with simplicity and adaptive as being central to this. It does seem we all need to pursue disruptive and radical innovation designs.

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Innovation Success Requires Integrated Approaches

Integrative Innovation

The resonance to my recent post on integrating Lean Startup and Design Thinking features to a combined process has been stunning. Interestingly, it looks like others support the idea of balancing and combining elements of both innovation approaches, too. It really seems to have hit a nerve! The lack of intent makes it easy to get lost.

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The core principles of Leading FOR Innovation

Cris Beswick

By dedicating 70% of resources to core innovation (Horizon 1) (aka continuous improvement, aka incremental innovation), 20% to adjacent innovation (Horizon 2) (aka differentiated innovation), and 10% to transformational innovation (Horizon 3) (aka disruptive or radical innovation), organisations can ensure a balanced portfolio approach.

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The Case for Dual Innovation

Tim Kastelle

Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. 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. Source: Accenture.