Understanding the types of innovation and finding the ones suitable for your business can help solve problems and create new value for customers. Here are four common types of innovation: incremental, disruptive, sustaining, and radical.
A knowledge management system helps store and retrieve knowledge for quick access and distribution. It is essential for companies to establish a systematic process to document, store, and organize knowledge useful for future innovation projects.
The Peter Principle may hinder innovation in managers and executives as they climb the corporate ladder.
