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Breakthrough Innovation: A Guide to Game-Changing Ideas

Qmarkets

How It Differs from Other Types of Innovation Oftentimes, breakthrough innovation is used interchangeably with radical and disruptive innovation. Radical innovation involves entirely new technologies or concepts that lay the foundation for future industries. However, there are some important differences.

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What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

57% of respondents said their companies do not follow formal innovation processes and executing remains mostly ad hoc and unstructured. Even the majority don’t have processes for ideation and development phases. Now that is shocking!

Report 212
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Product Innovation: A Complete Guide to Strategy and Process

Qmarkets

Process Innovation While product innovation focuses on what a company offers, process innovation is about how that product is made, delivered, or supported. For example, developing a fitness tracker with advanced biometric sensors is a product innovation. It turns scattered creativity into a focused innovation pipeline.

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

Innovation 360 Group

CES 2017 gives eco systems, openness and platform thinking a new face. Alongside new household gadgets and personal devices, car makers are getting in on the CES action with advances in autonomous driving, new infotainment systems and promoting novel ways of interacting with the world around you from the driver’s seat.

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

Innovation 360

CES 2017 gives eco systems, openness and platform thinking a new face. Alongside new household gadgets and personal devices, car makers are getting in on the CES action with advances in autonomous driving, new infotainment systems and promoting novel ways of interacting with the world around you from the driver’s seat.

System 40
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Balancing Innovation via Organizational Ambidexterity – Part 3

Integrative Innovation

The funnel describes the main stages and gates every idea has to pass through on its way to a product, service or business model innovation. Typically, the first stage of an innovation funnel is “ideation”, the last one “market launch”. Breakthrough innovations should be identified and implemented in iterative processes.

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Building Capacity for Breakthrough Innovation

Innov8rs

This distinction is crucial because the management systems, support structures, and resources required to nurture breakthrough innovations differ significantly from those needed for more incremental changes. Organizations must develop a capability for breakthrough innovation that goes beyond traditional R&D functions.