Know about Radical Innovation Examples

Know about Radical Innovation Examples

Radical innovation leads to significant change and replacement of existing business models, while disruptive innovation is focused on long-term impacts by forming new ideas. Examples of radical innovation include blockchain technology destroying the business model of multiple industries and Netflix replacing the traditional mail-order DVD and home entertainment industry. Apple shifted from incremental innovation on the iPod to the "iPhone" resulting in radical innovation. Developing an innovative mindset requires embracing uncertainty and actionable strategies to create a culture that supports radical innovation.

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More Innovation Resources:

Is Online collaboration any good or effective?

The COVID-19 pandemic has led to a shift towards online collaboration, potentially paving the way for a four-day working week and empowering remote workers.

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The LAB: Creating New Logistics Packaging with SIT (May 2012)

The LAB: Creating New Logistics Packaging with SIT (May 2012)

Can innovation help grow the stagnant corrugated box industry? Students from the University of Cincinnati used the SIT method to come up with concepts like the Self-expanding Box and Know Tape.

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5 ways to Make Your Company More Efficient

Boost your company’s efficiency with automation, addressing bottlenecks, transitioning to digital documentation, improving information access and minimizing travel time.

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