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Serious About Your Social Mission? Innovate It.

Leapfrogging

A “lean” approach amplifies both profits and purpose. But, if we are truly intent on achieving both, we need to start taking social impact just as seriously. Mission-driven organizations have an equal opportunity to apply the principles and practices of innovation to maximize their impact–but few take it.

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Moving innovation even more in 2016

Paul Hobcraft

We do need to blend it in and fuse it with other techniques, so to sort out where it fits within the innovation mix and valuing it for its ‘added’ worth to transform information into achieving tangible outcomes. • The bottom of the pyramid is a place we continue to forget and others learn to play in and master its needs.

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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

On top of this, from an incumbents’ point of view, there are legitimate reasons for rejecting a new technology. Moreover, if the innovation is truly different, then the incumbent would have to overhaul its systems and operations to adopt it. That means high integration costs – and another reason to be wary of new innovation.

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15 most important Innovation Theories your company should be using

Idea to Value

In many cases (especially those listed in the book, such as Computer Storage, Department Stores and Construction Equipment), the small company releases a new technology which is inferior in quality or performance to that of the large company, but makes up for it in another way, like a lower price or convenience.

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The Power of Bottom-Up Systems in Organizational Success

Tullio Siragusa

This could mean investing in technology, offering professional development programs, or simply ensuring that employees have the necessary information to make informed decisions. It’s been so successful that it has inspired the Lean Manufacturing movement worldwide.

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