Key Innovation Management Models and Theories

Key Innovation Management Models and Theories

Innovation is a complex field of study with many models, theories, and frameworks. This article summarizes several key models, including different types of innovation, such as disruptive vs. sustaining and radical vs. incremental innovation, and introduces the Innovation Matrix, which can be used to classify initiatives in an organization's innovation portfolio. The article also covers architectural vs. modular innovation, three categories of innovation (business model, technology, and marketing), the Ten Types of Innovation model, and the Innovator's Dilemma. Understanding these models and theories can help make sense of the complex field of innovation management.

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An image of a rising Phoenix silhouette, symbolizing rebirth and innovation.

Understanding Disruptive Innovation

Disruptive innovation is a complex process that involves three critical phases: emergence, niche market, and mainstream market. Companies must learn to manage this process, especially from the entrant's and the incumbent's perspectives.

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Innovation Culture: What Is It And How Can Employers Create It? -

Innovation Culture: What Is It And How Can Employers Create It? -

Innovation culture is crucial for success in any business. It involves accepting great ideas from anyone, encouraging collaboration, overcoming fear of failure, and sharing success.

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Executive pitch do’s and don’ts

Executive pitch do’s and don’ts

Learn how to create a winning pitch for your business idea with these tips on summarizing findings, delivering the presentation, and answering questions from senior stakeholders.

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