High risk refers to the potential for significant loss or failure in pursuit of innovation or business objectives.
Red Ocean Strategy is a business approach focused on competing in an existing market by trying to outperform the competition. It is innovation in the same space as competitors, in the competitive red ocean full of sharks.
Disruptive Innovation: A novel product/service that upends markets by displacing established leaders and reshaping industry dynamics.
A repeatable process is a systematic series of steps that produces a consistent, replicable result.
L'Oreal's Brandstorm innovation program for early talent launches on November 28, 2022, inviting innovative minds to submit ideas themed 'Disrupt Beauty 2030'.
Disruptive innovation is key to success in business, and collaborating with startups can help established companies achieve it.
Innovative innovation meetings can increase engagement and creativity. This article provides tips and approaches for hosting effective, impactful meetings that accomplish organizational goals.
Learn from Tom Sawyer's approach to innovation, which involves signals about your company's needs, encouraging partners to generate ideas, and licensing solutions before competitors do.
This book offers fresh impulses from different industries on how to deal with innovation processes. Authors from different backgrounds share their experiences with enabling and managing innovation.
Articulating business problems with clarity and consistency is essential: it empowers people and teams to decouple problems from solution ideas and set the right focus
Do you know what your customer wants? Use the customer empathy map to get a deep understanding of your users and capture what drives them emotionally and cognitively.