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Product Innovation: A Complete Guide to Strategy and Process

Qmarkets

In many cases, its not due to a lack of creativity, but a lack of clear direction. Without a focused approach, product innovation becomes a gamble instead of a growth strategy. This guide explains product innovation, how it differs from other forms of innovation, and what it takes to develop a winning strategy.

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Product Innovation the Easy Way: 3 Real World Examples

IdeaScale

The lone innovator can sometimes be useful. But no product is built for just one person in mind, and the creativity and thoughtfulness of the crowd can be harnessed for effective innovation. To learn more about crowdsourcing and open innovation, request a demo !

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Charting the Course: Linking Business Strategy to Innovation

Leapfrogging

Grasping innovation’s role in your game plan is your ticket to staying ahead. Our article on why innovation and business strategy should be part of strategic planning will give you a better picture of why these two are peas in a pod. Know your game plan, know the innovation mojo — and you’re cooking with gas.

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Context Map Canvas Template

Leapfrogging

It facilitates collaborative sensemaking and ensures that innovation efforts are not only creative but also grounded in contextually relevant insights. Below is a step-by-step guide to using this tool effectively in innovation projects. This could include: Scoping a new product innovation in a specific region or sector.

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Measuring Innovation Performance

Why do only a third of the organizations worldwide have formal innovation metrics in place despite accepting that innovation is critical to survival? Download this eBook to learn about the 5 basic principles that guide every successful innovation process.

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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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Validate your idea or innovation, not yourself

Idea to Value

While they think they are asking people for unbiased, honest feedback to validate the idea or innovation, in reality what they are looking for is validation of themselves. Validation that their idea was good, and therefore it means that they are a smart, creative person.