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Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

By definition, it refers to the introduction of groundbreaking products or services that fundamentally change market dynamics, often rendering existing solutions obsolete. This form of innovation doesn’t just improve on existing products; it completely redefines them, creating entirely new markets and consumer behaviors.

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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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Connecting innovating value comes from Ecosystem thinking

Paul Hobcraft

The need to channel your resources into more productive value-added activities is essential as ‘good’ resources are growing in scarcity. The need for radical innovation changes the present position. Demands by customers are shifting to expecting customer experience and engagement that we must provide.

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Has innovation changed over the last ten years?

Paul Hobcraft

Innovation ecosystems are networks of organizations and individuals that co-create value through innovation 2. From closed to open : Innovation used to be seen as a closed process, where organizations relied on their own resources and capabilities to innovate.

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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

It’s the secret sauce that has transformed startups into tech giants and turned traditional businesses into market leaders. Innovation isn’t just about the next big idea; it’s a multifaceted strategy that businesses employ to navigate through the twists and turns of today’s dynamic markets.

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How Human Resources Can Drive Innovation?

Ankush Chopra

But as you start digging deeper, additional responses will be Marketing, Supply Chain, Engineering, and Information Technology drive innovation. One department that does not often come up in the list is Human Resources. But HR has a massive impact on innovation – much more than people realize.

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Treat Your Innovation Pipeline just like your Sales Pipeline

Destination Innovation

What additional resources are needed to win the deal? They contribute ideas and resources to help close sales. Lessons are learned, and changes are made to constantly improve the sales process. We can then evaluate the total projected impact of our innovation pipeline. Why did so many projects not make it to market?