Radical Innovation Theory and its Development

Radical Innovation Theory and its Development

Modern businesses must embrace radical innovation to remain competitive in rapidly-evolving markets. This theory aims to completely obliterate or replace existing industry models and build entirely new ones. Radical innovators must understand the importance of leveraging a company's existing assets and competencies to design services or products that transform an industry for good. MIT ID Innovation is one educational institute that offers undergraduate and postgraduate courses on design and innovative management.

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More Innovation Resources:

Strategies to Boost your Innovation Culture – 4 Real-World Examples for CIOs

L&D strategies can cultivate innovation in any organization. Companies with executives highly engaged in L&D are three times more likely to have a culture of innovation. Here are four ways to create an innovative environment in the workplace.

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Innovate on Purpose: Innovation Failure: Ignorance or Arrogance?

Good innovators are humble people. Losing your arrogance and embracing your ignorance can open the door to new discoveries and possible innovation opportunities.

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Live Event Social Media Strategy - BMA Engage Conference

The Brainzooming™ Group utilizes a team to cover conferences and produce social media content, including video, audio, and the written word, for events.

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