Qmarkets

FEBRUARY 18, 2025

While digital transformation focuses on integrating technology into all aspects of a business, digital innovation goes a step furtherits about creating entirely new value through technology. Companies that fail to innovate digitally risk being left behind as competitors leverage new tools, business models, and strategies to drive efficiency.

Tools 59

Tools Crowdsourcing Ideation Innovation 59

IdeaScale

FEBRUARY 19, 2020

Crowdsourcing is a great way to assemble data for product innovation. It gathers relevant data through educated opinions that can be used to formulate ideas that guide product development. What Is Sustainable Innovation? Want to kick start your innovation process in 2020?

Brainstorming 173

Brainstorming Crowdsourcing Conference Product Development 173

Paul Hobcraft

JANUARY 9, 2019

Throughout the past couple of years, I have been constantly arguing about the need to put innovation management on a digital platform. These have come in different thoughts on digital platforms, ready for cross-industry and having in place, a rapid digital innovation process that scales and evolves on new technology and insights.

Software Review 186

Software Review Software Innovation Collaboration 186

Paul Hobcraft

SEPTEMBER 2, 2018

Still, the hockey stick of benefits has not kicked in yet – while all companies are making efforts to adopt technology, most of the production industry (~70%) remains in pilot purgatory (where technology pilots last for extended periods of time, and companies do not take the final step of scaling up viable technologies).

Industry 213

Industry Technical Review Design Innovation 213

Jeffrey Phillips

MARCH 15, 2016

The guy who stole a march on Ford, and really defined the automobile company structure that we have today was William Durant. Durant foresaw that people would want a range of products and options. He created what became General Motors by offering people more choice of options, more flexibility and product families.

Underperforming Technical Team 100

Underperforming Technical Team Product Development Innovation Product Innovation 100

Paul Hobcraft

MAY 22, 2017

As many of our business organizations seek to optimize their processes across the company, they are constantly reaching more outside to gain growing partnerships and greater innovation interactions. They are looking to complement and reinforce existing capabilities through more open innovation thinking and approaches.

System 159

System Innovation Collaboration Design 159

Qmarkets

MARCH 4, 2025

This article explores 12 thought-provoking innovation quotes, each revealing a key lesson in crowdsourcing, collaboration, idea management , or continuous innovation. Crowdsourcing Innovation Quotes The Power of Collective Intelligence Great ideas dont happen in isolation.

Crowdsourcing 52

Crowdsourcing Idea Management Innovation Collaboration 52

Paul Hobcraft

MARCH 23, 2019

This whole area has been rapidly modernizing into a product innovation platforms to support key elements of sustainable solutions that maintain, adapt, upgrade, integrate and keep multiple systems of record for designs that due to the platform approach can be easily shared within, across and outside the old environment.

Innovation Management 200

Innovation Management Management Software Review Software 200

Jeffrey Phillips

FEBRUARY 5, 2018

What's this diatribe got to do with innovation? Going through the elaborate motions As a blogger and consultant I make a living talking about the importance of innovation process, that innovation is a repeatable business process that any company can learn and master.

Marketing 113

Marketing Innovation Processes Tools Trends 113

Qmarkets

AUGUST 23, 2023

I want to dive into incremental innovation with you to unpack how and why it should be front of mind for your innovation program. We’ll explore examples, discover the key benefits of this type of innovation, and identify the best way of developing your own incremental innovation process. Let’s get started.

Examples 98

Examples Innovation Disruption Innovation Programs 98

Jeffrey Phillips

AUGUST 2, 2019

I've been struck by the importance of two rapidly converging forces - digital transformation and new product innovation. As we've discussed, here and elsewhere, ad nauseam, there is increasing demand for new products and services, making stretching the capacity of tenuous innovation processes and teams.

Data 142

Data Innovation Product Development Examples 142

Jeffrey Phillips

MARCH 23, 2016

The Accenture article goes to great lengths to note that "US executives are unrealistic in believing they have the capabilities they need to achieve their bold innovation goals". The authors go on to suggest that "a significant gap exists between what companies want to do in the area of innovation and what they are able to do".

Survey 100

Survey Disruption Innovation Engagement 100

Paul Hobcraft

AUGUST 7, 2015

I have been spending some significant time on questioning the current innovation business model, from both the customers (clients) perspective and the innovation consultants’ one. Now we all know not all things are equal, many companies have invested significantly in improving their innovation capabilities.

Innovation 100

Innovation Technical Review Underperforming Technical Team Innovation Processes 100

hackerearth

JANUARY 28, 2018

There are three types of innovation: product innovation, process innovation, and business model innovation.A process innovation is crucial for product innovation, and it facilitates business model innovation, especially with the changes that rapid digitization is bringing with it.

Design Thinking 75

Design Thinking Disruption Innovation Innovation Processes 75

Paul Hobcraft

DECEMBER 3, 2018

You can follow their work over on innovation-3, where they help companies to set the Scaling-Up of a fully validated innovation concept up for success. We are surely building designs that by going through this digital /physical process that gives us flexible, are scalable and upgradable as the designs evolve.

Innovation 222

Innovation Software Review Design Engagement 222

Paul Hobcraft

SEPTEMBER 27, 2017

You know they are nowhere at the point of really understanding the potential of the changes that could take place within adopting a broader view on all aspects of innovation. I was reading that drug development costs can be up to $2 to 3 billion and can be taking a process of up to 14 years. Industry 4.0 Can this change?

Collaboration 138

Collaboration Artificial Inteligence Technical Review Industry 138

Tim Kastelle

MARCH 7, 2016

From our point of view, all of the issues pinned down at that time have gained significant importance, are being intensively debated and can still be considered cutting-edge for companies to stay ahead in managing innovation. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts.

Innovation Management 100

Innovation Management Management LEAN Technical Review 100

hackerearth

JANUARY 28, 2018

There are three types of innovation: product innovation, process innovation, and business model innovation.A process innovation is crucial for product innovation, and it facilitates business model innovation, especially with the changes that rapid digitization is bringing with it.

Design Thinking 65

Design Thinking Disruption Innovation Innovation Processes 65

mjvinnovation

NOVEMBER 12, 2020

For many companies, innovation means taking products and services and changing them in detail: color, shape, features, size, etc. However, this form of incremental innovation alone does not work anymore in many markets. Besides, due to digital transformation, companies also need to develop more digital business models.

Company 40

Company Innovation Radical Innovation Disruption 40

Jeffrey Phillips

JUNE 16, 2021

I am talking about Horizon 2 and Horizon 3 (transformative and disruptive innovations), which of course can come in a variety of types - Doblin identifies ten types of innovation. So we need people who can think about service innovations, process innovations, experience innovations, business model innovations, and so on.

Innovation 111

Innovation Trends Survey Course 111

Qmarkets

OCTOBER 21, 2021

Innovation — a necessary component of any successful business in the modern world. Without it, our companies would fail to grow and evolve with the ever-changing markets that we are serving. While innovation is pertinent, it is often misunderstood and as a result, many companies fail to reap the benefits of it at its best.

Strategy 98

Strategy Strategy Idea Generation Innovation 98

Qmarkets

OCTOBER 21, 2021

Innovation — a necessary component of any successful business in the modern world. Without it, our companies would fail to grow and evolve with the ever-changing markets that we are serving. While innovation is pertinent, it is often misunderstood and as a result, many companies fail to reap the benefits of it at its best.

Strategy 98

Strategy Strategy Idea Generation Comparison 98

Qmarkets

AUGUST 26, 2021

Here a few benefits that organizations are most likely to achieve from innovation: Competitive Edge There are many examples of new businesses taking over the market and killing their competitors, but perhaps one of the most well-known is Blockbuster vs. Netflix. “In But what’s most important is they’re frequent.’

Innovation Programs 98

Innovation Programs Innovation Technical Review Open Innovation 98

Sopheon

DECEMBER 6, 2022

The food and beverage industry is one of the most interesting and competitive industries when it comes to innovation and new product development. I recently joined Stefan Gates on the Food Matters Live podcast to discuss the latest in food and beverage innovation and new product development.

How To 52

How To Product Development Competition Innovation 52

Qmarkets

AUGUST 26, 2021

Here a few benefits that organizations are most likely to achieve from innovation: Competitive Edge There are many examples of new businesses taking over the market and killing their competitors, but perhaps one of the most well-known is Blockbuster vs. Netflix. “In But what’s most important is they’re frequent.’

Innovation Programs 95

Innovation Programs Innovation Open Innovation Technical Review 95

Leapfrogging

DECEMBER 10, 2024

Importance of Innovation in Today’s Business Landscape Innovation is not just a buzzword; it’s the fuel that drives businesses forward in a competitive and ever-changing marketplace. Your ability to innovate determines the sustainability and growth of your company.

Product Development 100

Product Development Strategy Strategy Artificial Inteligence 100

Innovation Excellence

JANUARY 27, 2019

Every innovative product begins as a concept in the mind of someone or some group of people. These concepts are the seeds of your company’s future growth. How is your company cultivating these seeds? How do companies manage this asset, the portfolio of product concepts, even before they enter the pipeline?

How To 107

How To Groups Innovation Management 107

Qmarkets

JANUARY 17, 2023

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?

Industry 98

Industry Trends Innovation Technology 98

Leapfrogging

DECEMBER 10, 2024

Benefits of Implementing AI in Business Strategy Implementing AI into your business strategy can yield substantial benefits that can propel your company to new heights. By integrating AI into new product development, you can enhance your company’s ability to deliver cutting-edge solutions.

Artificial Inteligence 100

Artificial Inteligence Strategy Strategy Technical Review 100

Norbert Bol

DECEMBER 13, 2015

In the journal of Technological Forecasting & Social Change is an interesting article about the effects of corporate identity on innovation strategies and sustainability (Staub et al., Innovation in this article is classified as product innovation, process innovation, marketing innovation and organizational innovation.

Innovation 40

Innovation Product Innovation Strategy Strategy 40

Qmarkets

APRIL 14, 2022

How much time should you spend improving your existing processes as opposed to innovating new ones? There are two types of companies: those who innovate and those who improve. Regardless of size or scale though, many businesses struggle to decide whether they should invest their resources in innovation or improvement.

Underperforming Technical Team 52

Underperforming Technical Team LEAN Innovation Technical Review 52

Qmarkets

JULY 18, 2024

However, innovation isn’t confined to one area; it’s a multifaceted approach that spans various aspects of a business. Among these, technology innovation stands out as a critical component that can significantly impact a company’s competitive edge and operational efficiency.

Innovation Management 52

Innovation Management Technology Strategy Strategy 52

Boxes and Arrows

JANUARY 13, 2015

The performance metrics are chosen to directly reflect your site’s business goals and might include things like how many product purchases were made on your site (a sales goal), how many people signed up for the company newsletter (an engagement goal), or how many people watched a self-help video in your FAQ section (a customer service goal).

Underperforming Technical Team 105

Underperforming Technical Team Design Examples Video 105

Qmarkets

MARCH 27, 2024

Every successful company has one thing in common: a deep-seated commitment to innovation. 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.

Radical Innovation 52

Radical Innovation Innovation Disruption Marketing 52

100%Open

AUGUST 27, 2019

While other factors—such as the nature of commercialization environments and market structure dynamics—are also important, the weighting on the three factors covered here should be large in anyOn the other hand, we have innovation driven by aims at rearranging or creating new business processes for the better.

Technical Review 63

Technical Review Innovation Open Innovation Marketing 63

Leapfrogging

DECEMBER 10, 2024

Setting the Foundation Creating a culture of innovation within your organization requires a solid foundation. This starts with leadership’s commitment to fostering an environment where innovation can thrive and clear goals and objectives that align with your company’s vision for the future.

Culture of Innovation 100

Culture of Innovation Culture Innovation Training 100

The BMI Lab Blog

FEBRUARY 15, 2018

More specifically, those examples do not show how European companies, that are hidden champions in their domain, are succeeding in innovation. In fact, achieving results from a business model innovation process is possible with proper guidance and resources.

Groups 49

Groups Innovation Resources Ideation 49