Remove Marketing Remove Radical Innovation Remove System
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What is Radical Innovation? Examples, Stages, and Strategies for Success

Qmarkets

Radical innovation isnt just about thinking outside the boxits about creating an entirely new box. From the advent of the internet to the development of CRISPR gene-editing technology, this type of innovation has transformed industries and reshaped the way we live, work, and interact. What is Radical Innovation?

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Connecting innovating value comes from Ecosystem thinking

Paul Hobcraft

The need for radical innovation changes the present position. We need to increase the risk appetite through better risk assessments, a deeper appreciation of where ecosystems and networks can significantly contribute and search constantly for new revenue and market building opportunities. We have built-in constraints.

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The Ten Types of Innovation

Destination Innovation

Incremental innovation is an improvement in an existing thing (e.g. Radical innovation is finding an entirely new way of doing something. For example if you had been making spectacles in the 1950s then plastic lenses instead of glass lenses would have been an incremental innovation. Channel – how you get to market.

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Calling all innovators: Africa’s electricity market is ripe for market-creation

Christensen Institute

Falling costs in renewable energy is bringing it within Africa’s reach; yet minimizing the number of people lacking access to electricity, and modernizing and promoting sustainable clean energy across Africa will still require radical innovation improvement. Africa’s MCI history can act as a guide for its electricity market.

Marketing 105
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Innovation needs the power of completing the 4th Industrial Revolution

Paul Hobcraft

It shifts our thinking and the management of innovation dramatically. The ability to have a more “rapid response, adaptive designs and flexible manufacturing” can align more to market shifts earlier. We can reach far more into underserved markets through greater customer connections and engagement, we can co-design with them.

Industry 222
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Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

Equally the nature of much of production has been designed “on the fly” and the equally tough job of connecting the whole process up in a new integrated, fully connected system meets huge resistance. The system complexity, understanding and investment delays are often huge and difficult to unwind.

Industry 213
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Has innovation changed over the last ten years?

Paul Hobcraft

From linear to systemic : Innovation used to be seen as a linear process where ideas were generated, tested, and implemented in a sequential manner. Today, innovation is recognized as a systemic phenomenon, where multiple actors interact and collaborate across different domains and levels 1.