Remove 2006 Remove Radical Innovation Remove Technology
article thumbnail

The Wheel of Innovation: Lessons learned from >1,000 companies and 62 countries

Innovation 360 Group

At the heart of innovation lies a fundamental understanding of its nature, which is to challenge the status quo by making things that are better and totally different using existing elements (resources, capabilities and competences) in new ways. Innovation can be done in small steps (incremental) or in leaps (radical).

article thumbnail

The Wheel of Innovation: Lessons learned from >1,000 companies and 62 countries

Innovation 360

At the heart of innovation lies a fundamental understanding of its nature, which is to challenge the status quo by making things that are better and totally different using existing elements (resources, capabilities and competences) in new ways. Innovation can be done in small steps (incremental) or in leaps (radical).

Insiders

Sign Up for our Newsletter

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

article thumbnail

PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

Companies disappear all the time without a word, due to changing cultural values, changing technology, or changing audience demographics. A series of expensive liability suits were a proximate cause, but the new competitors used technology to pry open a crack in the system. Are you safe? Or are you on the edge of irrelevance?

article thumbnail

When innovation led to a reversal of fortunes

hackerearth

Responding to customer requirements with amazing ideas such as Netflix Socks, entering into strategic partnerships with giants such as Verizon and Comcast, anticipating the market, leveraging changing technology, and understanding that not all innovation comes from new ideas have helped Netflix bring home the game. Fingers crossed!