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Is Social Media Part of Your Product Innovation Strategy?

IdeaScale

Social media can connect you to innovators of all stripes. That creates a truly powerful resource of creativity on which to draw for your innovation strategy. Here’s how, and when, to use social media as part of your innovation strategy. Want to learn more about social media and innovation strategy?

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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Radical innovation is about making significant leaps forward, often creating new industries or reshaping existing ones. Disruptive innovation, a subset of radical innovation, specifically refers to the process by which smaller companies with fewer resources successfully challenge established incumbents.

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Myth Busted: Does Creativity Need Resources?

Innovation Excellence

The importance of resources to company success was emphasized in the resource based view theory: “firms obtain sustained competitive advantages by implementing strategies that exploit their internal strengths, through responding to environmental opportunities, while neutralizing external threats and avoiding internal weaknesses” (Barney, “Firm resources (..)

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SNP Case Study Highlights Plan for Creating an Integrated, Global Workforce

IdeaScale

Product innovation moves companies forward. Business leaders constantly work to define new trends and increase the time it takes to get products out to customers. Dr. Andreas Schneider-Neureither, CEO and founder of SNP, is committed to ongoing product innovation and improvement.

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Message to the Board – We Need to Talk about Innovation

Destination Innovation

How good are we at innovation today? What is impeding innovation in the business? What type of product innovation do we need? What resources are we going to allocate for innovation – budget and people? Everybody will initially agree the need for innovation but then it slips down the priority list.

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The Innovation Sophistication Index

Destination Innovation

They believe that they need to be more innovative but are so busy meeting the needs of customers that they have not made innovation a priority not allocated the necessary resources and commitment to make it happen. You are implementing modern concepts of Open Innovation and the Minimum Viable Product.

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Annette Franz Shares the Importance of Customer-Centricity

Business and Tech

What are the main types of resources companies are in dire need of right now to better cater to customer wants/needs? For example, I’m aware of a brand that is working to get their delivery times down to four days, while current customer expectations are for delivery to happen in less than two days — or even within a day, for that matter.