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Three Types of Innovation And a few examples. www.businatomy.com
| Date post: | 01-Nov-2014 |
| Category: |
Business |
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So…
You want to Innovate?
rejuvenatecan
Innovation
It can
restore growth.
transform
transform
a business
It can
transform
a business
The first step…
…to innovation
is to understand the different types.
There are three.
The first type.
The first type.
Pioneering Innovation
The first type.
Pioneering Innovation
Original
The first type.
Pioneering Innovation
Original First to market
The first type.
Pioneering Innovation
Original First to market
Invention
The first type.
Pioneering Innovation
Original First to market
Brand spankin’ new
Invention
An innovation we have never seen before.
Something brand new.
The Segway.
The GPS.
pioneering innovation is
the rarest form
of innovation
…because it is difficult to do something completely
original.
The second type.
The second type.
Best Practice Innovation
The second type.
Best Practice Innovation
A different way of doing things
The second type.
Best Practice Innovation
new to your company or industry
A different way of doing things
The second type.
Best Practice Innovation
new to your company or industry
but not an original idea
A different way of doing things
An innovation that already exists.
But can transform your industry.
An example…
Take the check clearing house model
…that had been around for a hundred years
A central hub where checks are sent for redistribution.
Apply it to shipping.
FedEx
FedExtransformed the industry
Best practice innovation is
the most common type of
innovation.
but not necessarily the least effective.
The third type.
The third type.
Technological Innovation
The third type.
Technological Innovation
Is when you use an existing technology to innovate.
The third type.
Technological Innovation
Is when you use an existing technology to innovate.Or apply a new technology to an existing process, service or product.
Progress through technology.
Examples.
Examples.
radio + internet = WiFi
Examples.
storage + internet = cloud
radio + internet = WiFi
Examples.
storage + internet = cloud
radio + internet = WiFi
music + portable + digital = iPod
Examples.
storage + internet = cloud
radio + internet = WiFi
music + portable + digital = iPod
voting + radio = audience response systems
Examples.
computers + mobile phones + cameras + music players + GPS +
everything else
= smart phones
storage + internet = cloud
radio + internet = WiFi
music + portable + digital = iPod
voting + radio = audience response systems
Examples.
computers + mobile phones + cameras + music players + GPS +
everything else
= smart phones
storage + internet = cloud
radio + internet = WiFi
music + portable + digital = iPod
voting + radio = audience response systems
+
Technological innovation can move the fastest.
So always keep looking ahead.
To Summarize:
To Summarize:
Best Practice Innovation
To Summarize:
Pioneering Innovation
Best Practice Innovation
To Summarize
Pioneering Innovation
Best Practice Innovation
Technological Innovation
To Summarize
Pioneering Innovation
Best Practice Innovation
Technological Innovation
the three types
www.businatomy.com
Three Types of Innovation
And a few examples.
http://www.businatomy.com/blog/2013/5/28/3-types-of-innovation
