π― Strategy & Portfolio
Direction-setting concepts, portfolio choices, and strategic planning methods.
Guides
5 in this category
π― Strategy & Portfolio
Building a Disruption Radar for Your Category
π― Strategy & Portfolio
How AI Is Quietly Flattening Innovation
π― Strategy & Portfolio
How to Brainstorm Faster: A Practical Guide for Innovation Teams
π― Strategy & Portfolio
π― Strategy & Portfolio
How to Build an Innovation Portfolio That Balances Risk and Return
π― Strategy & Portfolio
What Is Disruptive Innovation? A Complete Guide (With Examples)
Definitions
122 in this category
Absorptive Capacity
The ability of a business to recognize, assimilate, and apply new knowledge.
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Accelerated Innovation
The process of speeding up innovation cycles to bring new products, services, or processes to market more quickly.
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Adaptive Innovation
Innovation that involves making ongoing, incremental adjustments and improvements in response to changing circumstances or feedback.
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Artificial Intelligence
Artificial Intelligence is the use of digital and data-driven capabilities to improve how organizations discover opportunities, design solutions, and...
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Artificial Intelligence Ethics
The field of study, policy, and practice dealing with the moral issues arising from the use and impact of artificial intelligence.
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Augmented Intelligence
A design pattern for a human-centered partnership model of people and artificial intelligence working together to enhance cognitive performance.
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Automated Innovation
The application of automation and AI technologies to the innovation process, potentially accelerating the ideation, development, and implementation of new produ
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Behavioral Innovation
The application of behavioral science theories to product development and marketing, with the aim of making products that encourage specific user behaviors.
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Benchmarking
Benchmarking is the systematic comparison of performance, practices, or capabilities against peers or best-in-class organizations to identify innovation...
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Breakthrough Innovation
Breakthrough Innovation is the deliberate application of new ideas, methods, or technologies to deliver measurable improvements in products, services,...
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Business Agility
The ability of a business to adapt rapidly and efficiently in response to changes in the business environment.
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Business Case
A business case is a structured justification for an innovation initiative, covering expected value, costs, risks, and strategic fit.
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Business Intelligence
Business Intelligence is the practice of transforming data into actionable insights that support strategic and operational innovation decisions.
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Business Transformation
A process of profound change that orients an organization in a new direction and takes it to an entirely different level of effectiveness.
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Closed Innovation
The traditional model of innovation where a company develops new products and ideas in-house without external collaboration.
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Computational Creativity
The study of modeling, simulating or replicating creativity using a computer. It involves the use of artificial intelligence technologies to simulate human crea
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Concurrent Working
Concurrent Working is an approach where multiple innovation activities run in parallel instead of sequentially to shorten cycle time and increase learning...
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Convergent Innovation
Convergent Innovation is the deliberate application of new ideas, methods, or technologies to deliver measurable improvements in products, services,...
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Corporate Innovation
Corporate Innovation is the deliberate application of new ideas, methods, or technologies to deliver measurable improvements in products, services,...
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Corporate Social Responsibility
Corporate Social Responsibility is a management framework that integrates social and environmental accountability into business decisions, including...
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Creative Problem-Solving
Creative Problem-Solving is a core innovation concept used to improve how organizations identify opportunities, develop solutions, and deliver value.
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Cross-Pollination
The exchange of ideas or methods between different industries or disciplines to create innovative solutions.
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Crowdsourcing
Crowdsourcing is the practice of sourcing ideas, solutions, or contributions from a large distributed community rather than only internal teams.
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Cultural Intelligence
The ability to function effectively in various cultural contexts (national, ethnic, organizational, generational, etc.)
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Dark Innovation
Innovations that have potential negative impacts, either ethically, socially, or environmentally, and often go unregulated or undetected.
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Decision Intelligence
The discipline of making informed and effective decisions based on data, tools, and techniques like artificial intelligence and machine learning.
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Design-to-Value
An approach where product development focuses on creating maximum value for the customer by balancing functionality and cost.
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Digital Disruption
The change that occurs when new digital technologies and business models affect the value proposition of existing goods and services.
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Digital Transformation
The process of using digital technologies to create new β or modify existing β business processes, culture, and customer experiences to meet changing business a
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Digitalization
Digitalization is the use of digital and data-driven capabilities to improve how organizations discover opportunities, design solutions, and scale...
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Disruption
Disruption describes innovation that significantly changes market expectations, value chains, or competitive dynamics.
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Disruptive Strategy
An approach that seeks to disrupt the status quo of the industry or market with a strategy that is revolutionary or innovative. It aims to gain a competitive ad
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Disruptive Technologies
Disruptive Technologies describes innovation that significantly changes market expectations, value chains, or competitive dynamics.
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Divergent Innovation
Divergent Innovation is the deliberate application of new ideas, methods, or technologies to deliver measurable improvements in products, services,...
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Ephemeralization
The ability of technological advancement to do "more and more with less and less" until eventually you can do everything with nothing. Coined by R. Buckminste
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Evolutionary Innovation
A type of innovation that makes gradual improvements and adaptations to existing products, processes, or ideas.
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Experiential Innovation
Innovation that focuses on creating novel and engaging customer experiences.
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Experimental Design
A systematic method used to determine cause-and-effect relationships by manipulating one or more factors thought to influence the behavior being studied.
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Exploitation
Exploitation is the innovation capability of improving and scaling existing products, processes, or business models to capture near-term value efficiently.
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Exponential Technologies
Technologies that are rapidly accelerating and shaping major industries and all aspects of our lives, e.g., artificial intelligence, robotics, and digital biolo
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Feature Creep
The excessive addition of new features into a product which can result in over-complication rather than improved functionality.
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Frugal Innovation
The process of reducing the complexity and cost of a good and its production, enabling more people to access it.
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Futuring
Futuring is a forward-looking practice that explores plausible future scenarios to guide long-term innovation strategy and capability building.
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Gamification
Gamification is the use of game mechanics in non-game contexts to increase participation, motivation, and behavior change in innovation activities.
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Growth Hacking
Growth Hacking is an experiment-driven approach to rapid growth that combines product, marketing, and analytics to identify scalable traction loops.
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Hackathon
A hackathon is a time-limited event where diverse participants collaborate intensively to develop prototypes or solve defined problems.
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High Velocity Decision Making
The ability to make high-quality, high-speed decisions, often seen as a key factor for innovation in a fast-paced environment.
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Horizon Scanning
The systematic examination of potential threats, opportunities and likely future developments, often beyond the traditional range of a business or individual's
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Hybrid Thinking
Hybrid Thinking combines analytical and creative reasoning to evaluate evidence while generating novel options for innovation decisions.
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Hyper-Adoption of Innovation
Hyper-Adoption of Innovation is the deliberate application of new ideas, methods, or technologies to deliver measurable improvements in products,...
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Idea Management
The structured process of collecting, evaluating, and prioritizing ideas to drive innovation across an organization.
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Idea Validation
Idea Validation is the process of testing whether a concept solves a real problem and can succeed technically, commercially, and operationally.
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Ideation
Ideation is the deliberate generation and shaping of potential solutions to defined opportunities or problems.
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Ideation Management
The process of generating, developing, and communicating new ideas to drive innovation.
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Ideation Software
Ideation Software is digital tooling that helps teams capture, organize, evaluate, and develop ideas across the innovation lifecycle.
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Incremental Innovation
The process of introducing minor improvements or upgrades to existing products, services, processes or ideas.
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Industry 4.0
The current trend of automation and data exchange in manufacturing technologies, including cyber-physical systems, IoT, and cloud computing.
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Industry Disruption
A significant change in an industry that displaces established systems, products, or businesses.
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Information Architecture
The structure and organization of information within a digital environment, often pertaining to websites or applications.
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Informational Advantage
A competitive advantage a company has due to superior knowledge or use of information.
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Innovation Accounting
A framework to understand the progress of innovation efforts, measure their success and understand their impact on the companyβs overall financial performance.
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Innovation Adoption Model
Innovation Adoption Model is the deliberate application of new ideas, methods, or technologies to deliver measurable improvements in products, services,...
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Innovation Agility
Innovation Agility is the deliberate application of new ideas, methods, or technologies to deliver measurable improvements in products, services,...
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Innovation Ambition
Innovation Ambition is the deliberate application of new ideas, methods, or technologies to deliver measurable improvements in products, services,...
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Innovation Audit
Innovation Audit is the deliberate application of new ideas, methods, or technologies to deliver measurable improvements in products, services, processes,...
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Innovation Barriers
Obstacles that prevent or hinder the process of innovation within an organization
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Innovation Capabilities
Innovation Capabilities is the deliberate application of new ideas, methods, or technologies to deliver measurable improvements in products, services,...
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Innovation Capital
The accumulated resources that an organization can leverage to foster and promote innovation, including human capital, financial capital, reputation, and intell
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Innovation Champions
Innovation Champions is the deliberate application of new ideas, methods, or technologies to deliver measurable improvements in products, services,...
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Innovation Cycles
Series of stages in the life of an innovation, from idea generation to market introduction and beyond
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Innovation Diffusion
The process by which an innovation is communicated and spread over time among the participants in a social system.
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Innovation Diffusion Curve
A graphical representation of how a new product or idea is adopted or accepted over time within a specific population.
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Innovation Equity
The accumulated wealth or value a company generates through its innovation efforts and intellectual property.
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Innovation Frameworks
Structures that outline a company's approach to promoting, organizing, and managing innovation
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Innovation Impact
Measure of the effectiveness and influence of an innovation on its intended audience, market, or sector
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Innovation Labs
Dedicated spaces where new ideas are explored and developed, fostering creativity and innovation.
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Innovation Life Cycle
The series of stages that an innovation goes through from inception to diffusion and adoption. Stages may include ideation, development, maturity, and decline.
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Innovation Management
The systematic process of managing all aspects of innovation activities, from idea generation to implementation.
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Innovation Maturity Model
A tool used to assess the level of maturity of an organization's innovation processes and capabilities. Helps determine readiness and areas for improvement.
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Innovation Methodologies
Approaches and techniques used to guide the innovation process, such as Design Thinking, Agile, Lean, etc.
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Innovation Paradox
The challenge that companies face when they must innovate to grow, but focus on core operations and short-term objectives hinders the risk-taking and experiment
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Innovation Projects
Specific tasks or activities undertaken with the aim to introduce novel ideas or improvements in a system or product.
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Innovation Readiness
The measure of an organization's capability to implement and adopt innovative solutions. It takes into account factors like culture, resources, skills, and infr
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Innovation Roadmap
A strategic plan that outlines the steps necessary to achieve innovation goals over a specified timeframe.
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Innovation Sandbox
A safe, controlled environment in which ideas can be tested and experimented with without impacting the regular operations of an organization.
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Innovation Scouting
The process of searching for and identifying new technologies, products, or practices that can be incorporated into a company's innovation strategy. It often in
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Innovation Stages
The different phases that an idea or concept passes through in the innovation process. Common stages include ideation, development, prototyping, testing, and co
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Innovation Strategy
A plan designed to help a company achieve its innovation goals by defining what should be done, why it's important, and how it will be executed.
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Innovation Systems
A network of organizations, individuals, and policies that interact in the innovation process, promoting the development and diffusion of new technologies and i
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Innovation Theater
A term for innovation efforts that are more about show than substance, typically offering little real business value.
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Innovation Types
The different forms of innovation, such as product, process, marketing, and organizational innovation.
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Innovation Velocity
The speed at which an organization can transform innovative ideas into tangible outcomes.
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Innovation-Led Growth
A strategy of fueling growth in a business or economy through the development and application of innovative technologies, products, or processes. This type of g
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Intellectual Capital
The intangible value of an organization, including the knowledge, experience, and intellectual property it possesses.
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Maker Movement
A cultural trend that celebrates creating, crafting, and inventing using digital fabrication technologies like 3D printing, robotics, and coding.
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Meta Innovation
The innovation of the innovation process itself, often involving new strategies, frameworks, or tools for promoting and managing innovation.
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Minimum Viable Product (MVP)
A version of a new product with sufficient features to satisfy early adopters, providing a basis for feedback for future development.
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Modular Innovation
A type of innovation that involves making changes to individual components of a product, rather than changing the overall product design.
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Network Effects
The phenomenon where the value or utility a user derives from a good or service depends on the number of users that use it.
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Pivot
A strategic shift by a startup or other business, often when a particular product, service, or strategy isn't working.
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Quantitative Research
Research method involving the collection and statistical analysis of numerical data, often used to gauge market size, consumer preferences, and other measurable
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R&D Innovation
The process of innovating via research and development activities to create new materials, products, or procedures.
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Radical Innovation
A form of innovation that introduces a transformative change, creating new industries or reshaping existing ones.
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Reengineering
The radical redesign of business processes for dramatic improvement.
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Resources for Innovation
The various assets (such as funds, time, personnel, equipment, and intellectual property) necessary to develop and implement innovative ideas.
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Reverse Innovation
An innovation seen or used first in the developing world, before spreading to the industrialized world.
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Risk Assessment
A systematic process of evaluating the potential risks that may be involved in a projected activity or undertaking. This can involve identifying potential risks
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Risk Management
The practice of identifying, assessing, and controlling threats to an organization's capital and earnings. These threats, or risks, could stem from a variety of
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Sensing Capabilities
The ability of an organization to perceive and understand changes in its environment, such as customer needs, technological advancements, and market trends, to
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Service Innovation
The introduction of a new or significantly improved service concept, client interaction channel, or business model.
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Simulation of a Service Experience
An imitation of a service process, often using technology, to test and refine the service before it is implemented.
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Stakeholder Management
The process of managing the expectations and requirements of those who have an interest in a project or organization. Stakeholders can include employees, custom
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Strategic Foresight
The discipline of exploring, understanding, and interpreting the future to aid decision-making in the present.
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Strategic Innovation
The process of making changes in a company's business model, methodology, or products to effectively deal with competitive threats or to seize new opportunities
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Technological Convergence
The process where separate technologies evolve towards performing similar tasks. This can lead to the integration of different systems and industries, creating
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Technological Forecasting
The prediction of future characteristics of useful machines, procedures, or techniques.
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Technological Innovation
The development and application of new technologies to improve products, services, or processes. Technological innovation can be product-based (resulting in new
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The House of Quality
A diagram, resembling a house, used in quality function deployment that translates customer requirements into appropriate technical requirements for each stage
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Tolerance for Ambiguity
The ability to function effectively in situations of uncertainty or lack of information, a critical skill for innovation.
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User Centric Innovation
An approach to innovation that places the needs and desires of the end user at the forefront of product or service design and development. The goal is to create
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User Innovation
Innovation generated by users or consumers, typically to meet their own needs, which can subsequently be adopted by manufacturers or service providers.
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Zero-Based Innovation
An approach to innovation that involves starting from scratch, with no assumptions or restrictions based on previous work.
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