The Economist has an interesting article by Joseph Schumpeter The innovation machine: Hardly a week passes without someone publishing a book on the subject. Most are rubbish. I tend to agree. There is so much hype around innovation, but no one really defines what they believe is innovation. Even the Oslo Framework definition talks about new
Inder Sandhu, SVP of Strategy and Planning at Cisco has written an article in Forbes about new product platform development and product improvement. The idea is that an organization needs to focus on developing new product platforms while generating revenues from incremental improvements to existing platforms. He calls it Disruptive and Sustaining Innovation. But doing
In the same theme as Reverse Innovation and may be Borderless Innovation, Strategy + Business has an article on The Importance of Frugal Engineering. The central tenet behind every frugal engineering decision is maximizing value to the customer while minimizing nonessential costs. The term frugal engineering was coined in 2006 by Renault Chief Executive Carlos