Grease the Wheels of Iterative Innovation to Drive Long-term Growth

Grease the Wheels of Iterative Innovation to Drive Long-term Growth

Iterative innovation is a process for continual improvement that repeats stages of planning and requirements, analysis and design, implementation, testing, and evaluation. It expands on old ideas in new ways, and encourages workplace collaboration and feedback for ongoing improvement. This process prepares businesses for the future of work by allowing for easy adaptation to change and identifying potential issues early on. Communication, mentorship, and access to new technology are key concepts that can promote iterative innovation within any organization.

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How to build an open innovation ecosystem

Open innovation ecosystems of shared value require collaboration between customers, competitors, collaborators, complementors, and other categories to create a shared vision of goals and objectives.

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WTH Is Going on with the IHOP Brand Strategy?

IHOP has announced a name change to IHOB, with the "B" standing for burgers, in an attempt to drive lunch and dinner traffic, but experts predict it is a temporary brand strategy.

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8 Critical Success Factors for Idea Management

Successful idea management involves collecting and implementing a large number of ideas through a systematic process. Key factors include linking ideas to existing processes, using the right tools, engaging the right people, allocating the right resources, fostering transparency, and making idea management a habit.

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