Remove Airlines Remove Disruption Remove Product Innovation
article thumbnail

Overcoming fixedness before being locked in amber

Jeffrey Phillips

Innovation comes from outside It may not seem evident at first, but virtually all radical and disruptive innovation originates from outside an industry's boundaries, by people who often weren't even in the industry, who were serving other clients or other needs and saw a way to serve a new set of customers or solve a new set of needs.

article thumbnail

Your Guide to Fueling Enterprise Innovation in the Transport Industry

Qmarkets

For vehicle manufacturers and service providers in the global transport industry right now, innovation isn’t so much optional as existentially vital. In this blog, we’ll explore some of these trends and make a case for an effective innovation management program to capitalize on them. Take sustainability. What do they expect from you?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Transport Innovation: Your Guide to Driving Industry Innovation

Qmarkets

For vehicle manufacturers and service providers in the global transport industry right now, innovation isn’t so much optional as existentially vital. In this blog, we’ll explore some of these trends and make a case for an effective innovation management program to capitalize on them. Take sustainability. What do they expect from you?

article thumbnail

Crowdsourcing Internal Innovation

Collective Innovation

The most common types of sustaining innovation are: Application Innovation : This is when you find a new use for an existing product, tapping into a new base of customers and potential. Product Innovation : Creates a difference with an existing product line and existing market, usually through features.

article thumbnail

Don't Let the Minimum Win Over the Viable

Harvard Business Review

For example, by prototyping multiple consumer experiences and business models before investing in an initial MVP, GoGo was able to launch an airline WiFi and in-flight service experience that combined the best of multiple alternative services that might be offered in flight. Is your economic model at odds with some of your stakeholders?

LEAN 19
article thumbnail

Data From 3.5 Million Employees Shows How Innovation Really Works

Harvard Business Review

And surprisingly, the variables that make for a successful innovation program are independent of whether the company is seeking disruptive or incremental innovations. You might think the most productive innovation system would be full of engineers or other problem-solvers. You’d be wrong.

Data 8
article thumbnail

An Agenda for the Future of Global Business

Harvard Business Review

Meanwhile, business was free to focus on generating growth, productivity, innovation, and, ultimately, societal wealth. “How GE Is Disrupting Itself” 4. This includes their ability to take part in the production as well as the consumption of new goods and services. Essential background.