Remove Marketing Remove Open Innovation Remove Product Development Remove Product Innovation
article thumbnail

12 Types of Innovation You Should Know in 2021

IdeaScale

It seems like new innovation types arrive at the scene all of the time, leaving people reaching for Google to get up to speed. Whether you’re new to innovation or have years under your belt, this simple guide that explains the different types might help. Open Innovation. Process Innovation. Product Innovation.

article thumbnail

New Year’s Resolution: Catch Up on These Must-Read Innovation Blogs from 2019

IdeaScale

Are you looking for ways to take your innovation strategy to the next level in 2020? Check out our top innovation blogs from 2019 for tips on transforming your product, process, market, and more. Brainstorming is where innovation and product development strategy begin, but sometimes you need a little push to get started.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ten Questions to Answer Before Using Social Tools for Product Innovation

Innovation Excellence

Social media is incredibly effective for conveying marketing messages and for receiving rapid customer feedback. The effectiveness of social media for outbound marketing activities, i.e. getting the news out about new products offerings, and interacting with customers, is well known.

Tools 76
article thumbnail

CPG Industry Innovation

eZassi

How do the major companies’ research and development teams build and manage a portfolio of innovative products while ensuring long-term market success and consistent brand loyalty? Utilize Open Innovation for R&D. Open Innovation is a proactive strategy complementing your R&D department.

article thumbnail

Trends in Innovation in the Chemical Industry

Yet2

A conservative market. Geoffrey de Chabot-Tramecourt, Janssen PMP, presenting at NPD and Innovation in the Chemical Industry Conference. He detailed how the company decides where to place their innovation efforts and when closed vs open innovation models work best, using examples of innovation initiatives at Janssen.

article thumbnail

Seven Roads of Innovation-Based Growth

Legacy Innovation Group

Seven Roads of Innovation–Based Growth. It might be a matter of finding new markets, even creating new markets, or just finding new space in your current markets through new technology and products. ROAD #1 — PRODUCT INNOVATION & BUSINESS MODEL INNOVATION. And it's unrelenting.

article thumbnail

What is innovation management and why your organization needs it

hackerearth

For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Once a well-defined innovation strategy that aligns with business goals is in place, the next step will entail managing it effectively.