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What is Value Innovation? Examples, Process, & Best Practices

Qmarkets

This fee could include maintenance, insurance, and even modular upgrades, such as improved battery capacity or software enhancements. This process ensures that innovation is both strategic and impactful, rather than reactive or incremental. Many people avoid an industry due to high prices, complexity, or lack of accessibility.

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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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Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

Legacy systems plague the ability to break out of our present traps of silo’s and we are still struggling to solve these issues, machine by machine, a process by process, incompatible software and hardware, piece by piece. Innovation is one powerful catalyst ripe for leveraging in this 4th Industrial Revolution.

Industry 213
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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Tip: Tim Kastelle has posted a worthwhile series on how to implement lean startup for innovation initiatives. Incremental innovation : Even in highly mature industries, such as automotive, experimentation gains ever more importance.

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Creative Construction – Book review

The Inovo Group

Every now and then a book on innovation is published that deserves to be put on the innovator’s bookshelf along with other seminal writings about innovation. Disruptive Innovation – Requires a new business model but not a technological breakthrough. Selection – focusing on a subset of opportunities.

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Striking Gold: The $40m Idea Unearthed Through Crowdsourcing

Qmarkets

What drives innovation investment? Although you try to map underground resources very diligently, there’s still a margin for error once you go underground. We came up with the idea of developing our own system but before going ahead with that, we wanted to check if there was already a software we could use right away.

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Successfully Merging Theory and Practice in your Innovation Program

Qmarkets

In 2007, I co-founded Innovation Framework Technologies (IFT) in order to close this gap, to offer a combination of best practices and best software embedded in solutions that companies can actually and successfully use. A well implemented Front End of Innovation process and supporting system goes a long way in addressing those needs.