Disruptive Innovation
Innovation that creates a new market and value network, eventually disrupting and displacing established market-leading products or services.
Innovation that creates a new market and value network, eventually disrupting and displacing established market-leading products or services.
The belief in one's ability to create change through creativity, often leading to more innovative and effective problem-solving.
A repository for team members to submit and collect innovative ideas, reflecting a commitment to fostering creativity and shared ownership of product development.
Not Invented Here (NIH) syndrome refers to the aversion to using or buying products, research, or knowledge developed outside an organization.
A product that significantly changes the market or industry by introducing innovative features or a new business model.
A market space that is unexplored and uncontested, where companies can create new demand and capture significant market share without much competition.
Activities that give the appearance of innovation but do not produce tangible results.
The systematic approach to managing innovation processes, from idea generation to implementation.
The simultaneous pursuit of differentiation and low cost, creating a leap in value for both the company and its customers, often associated with Blue Ocean Strategy.