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5 Misconceptions to Avoid When Building Your Innovation Strategy

Qmarkets

Innovation is Always Groundbreaking Similar to humans, companies also get caught up in comparison and competition within their industries. Whether you are racing to keep up with a front-runner like Apple or working to stay in competition with businesses similar to yours, it is important to remember that all innovation looks different.

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5 Misconceptions to Avoid When Building Your Innovation Strategy

Qmarkets

Innovation is Always Groundbreaking Similar to humans, companies also get caught up in comparison and competition within their industries. Whether you are racing to keep up with a front-runner like Apple or working to stay in competition with businesses similar to yours, it is important to remember that all innovation looks different.

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Reinnovation of the Major Automotive Players Through Eco Systems, Openness and Platform Design

Innovation 360 Group

For a deeper understanding of blockers and what you can do to innovate in conservative industries have a look at the blog post about the four paradoxes, including The Dr Winterkorn Paradox. is the average answer for R&D cost control for radical innovators and 3.07 Who are the winners – and what can we learn from them?

System 40
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Reinnovation of the Major Automotive Players Through Eco Systems, Openness and Platform Design

Innovation 360

For a deeper understanding of blockers and what you can do to innovate in conservative industries have a look at the blog post about the four paradoxes, including The Dr Winterkorn Paradox. is the average answer for R&D cost control for radical innovators and 3.07 Who are the winners – and what can we learn from them?

System 40
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Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

This can be both good and bad – good, because the acquirers get access to new ideas which can add revenue, and bad because it tends to discourage the development of internal innovation capability, in particular radical innovation which, in our view, is a critical aspect of long term success. The importance of radical innovation.

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Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

Defining Discontinuous Innovation Discontinuous innovation introduces significant technological leaps or entirely new business models , much like radical innovation. It represents groundbreaking changes that redefine product use and market structures—think of the jump from film to digital photography.

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Sometimes Cutting R&D Spending Can Yield More Innovation

Harvard Business Review

It gives the CEO a breather until the company has to return to exploration to restock its supply of radical ideas. Our research shows that Cisco is unusually adept at this sequential ambidexterity , shifting between the two approaches at opportune moments. In fact, we think Cisco is one of the all-time best at this corporate skill.