Five Insights of Breakthrough Innovation

Five Insights of Breakthrough Innovation

Breakthrough innovation is about bringing something new to the world and experiencing radical change that leaves competition behind. It is crucial to develop the capability to execute it systematically, capture rising trends and take advantage of changes in the external environment. It is essential to adopt nonlinear thinking, be customer-centered, and manage innovation life cycle through a spiral approach. Fostering innovation culture, developing tailored innovation principles, methodologies and practices, and aligning them with business goals will provide substantial opportunities for businesses.

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More Innovation Resources:

How Can You Foster Purpose-Driven Innovation? - InnoLead

Purpose-driven innovation enables companies to mitigate negative outcomes of their products and services. Innovators need to anticipate consequences and communicate them ahead to engage stakeholders. Social Model Canvas helps create a socially responsible business model.

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The Innovation Rubik Cube Approach

The Innovation Rubik Cube Approach

Innovation is a puzzle with moving parts that can never be aligned perfectly. Don't tilt at windmills, just keep moving the different faces around to achieve temporary alignment.

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Innovate on Purpose: Island of misfit ideas

Executives believe that there is a "land of misfit ideas" where good ideas go to die due to lack of adoption and nurturing. This is due to prioritization, ownership, and fear.

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