Overview of the important innovation concepts and theories

Overview of the important innovation concepts and theories

Innovation is the realization of new products, processes, propositions, or business models that create added value for customers, organizations, and employees. This article covers the different types of innovation, including process, delivery, finance, and product innovations. The author also discusses the problematic concept of innovation, as well as the technology adoption life cycle, the 70-20-10 rule, and the three horizons of growth concept. Idea management and innovation portfolio are also described. Understanding these innovation concepts and theories will help implement innovation initiatives effectively.

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More Innovation Resources:

Platform Disruption Wave

Innovation is now focusing on platform disruption and waves of change rather than single technology disruptions, making organizational form and culture the critical success factor.

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Benefits of Corporate Suggestion System

Benefits of Corporate Suggestion System

Corporate suggestion systems are platforms for employees to share ideas, criticisms, and complaints. They are important for companies to remain competitive and improve working conditions, productivity, and customer satisfaction.

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How to boost your productivity using the 6 D's Dr Ken Hudson

Leaders can improve productivity with the six D's: Delete, Decline, Delegate, Decide, Design, and Destroy.

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