The Ten Types of Innovation framework developed by Doblin is a versatile and practical tool for innovators to consider. It identifies ten elements of innovation and categorizes them into three areas: configuration, offering, and experience. A successful innovator must integrate all three areas.
Milestones and deliverables are often used interchangeably in project management but there are differences. Milestones are conceptual or tangible, while deliverables must be tangible.
Target's recent decision to cut two innovation projects is a missed opportunity for future growth and suggests a lack of commitment to R&D, which is increasingly vital for all industries in the age of global competition.
