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5 Approaches to Business Innovation: Unleashing Your Company’s Potential

Qmarkets

In this article, we’ll delve into five transformative approaches: idea management, technology scouting, trend management, continuous improvement, and innovation portfolio management. What is Business Innovation? By mastering these strategies, businesses can harness their full creative potential and achieve lasting growth.

Trends 52
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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. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Deloitte: Radical Innovation and Growth – Global Board Survey 2016.

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The Case for Dual Innovation

Integrative Innovation

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. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Deloitte: Radical Innovation and Growth – Global Board Survey 2016.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

The platform environment is mostly characterized by a tension between collboration and competition of the participating companies, often referred to as coopetition. It requires a more deliberated approach, such as the lean startup process, design thinking or a combination thereof.

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Successful Innovators Apply Multiple Leadership Styles Simultaneously

Innovation 360 Group

In the recently published original research study , Cultivating Growth and Radical Innovation Success in the Fourth Industrial Revolution with Big Data Analytics , Dr. Soo Beng Khoh and Innovation360 CEO Magnus Penker set out to explore exactly how leadership styles are leveraged by successful innovators. The Fertile Field.

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Digital Innovation Units: Recommendations, Trends and Conclusions

Integrative Innovation

As the study is in German only, some of its identified key trends and conclusions are going to be shared subsequently in translated form (quotes from the study report in Italic ). Let’s start off with a view on the current German Digital Innovation Unit landscape : Some key facts: There are ca.

Trends 58