Types of Innovation in Business | The Innovation Matrix

Types of Innovation in Business | The Innovation Matrix

Innovation is a catch-all term that can be difficult to pin down, but it remains a top priority for global leaders. This guide explores why innovation matters and the different types of innovation that exist. From architectural to radical, incremental to disruptive, each type of innovation is exemplified with relevant examples. Additionally, the Doblin Innovation Framework defines innovation within 10 distinct categories, providing a practical perspective. Successful innovation requires prioritizing innovation, employing the right approaches, and utilizing technology like idea management software.

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Outcome Driven Innovation – Your Best Approach To Become An Innovative Company

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Failure Forums: Learning from Best Buy Media Label 'Redline Entertainment'

Best Buy's unsuccessful foray into entertainment media led to the creation of the Redline Whitepaper, which emphasized the importance of sharing innovation results, including failures.

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Knowledge Taxonomies That Every Executive Needs To Consider

Executives should consider individual and collective knowledge and create a trustful atmosphere for open exchange of ideas to enhance their company's commercial knowledge.

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