Five Insights of Breakthrough Innovation

Breakthrough innovation is about bringing something new to the world and experiencing radical change that leaves competition behind. It is crucial to develop the capability to execute it systematically, capture rising trends and take advantage of changes in the external environment. It is essential to adopt nonlinear thinking, be customer-centered, and manage innovation life cycle through a spiral approach. Fostering innovation culture, developing tailored innovation principles, methodologies and practices, and aligning them with business goals will provide substantial opportunities for businesses.