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By integrating trend management into their business innovation processes, companies can stay relevant and capitalize on new opportunities as they arise. Unlike radicalinnovation, which involves significant breakthroughs, continuous improvement focuses on making small, consistent changes that collectively lead to substantial progress.
Innovation can be incremental, radical, architectural, modular, etc. In incremental innovation, a company improves or upgrades existing product, process, or service. In radicalinnovation, a company replaces its existing business model with an entirely new one. Marrying innovation to strategic processes.
Innovation can be incremental, radical, architectural, modular, etc. In incremental innovation, a company improves or upgrades existing product, process, or service. In radicalinnovation, a company replaces its existing business model with an entirely new one. Marrying innovation to strategic processes.
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