As a business owner, it's important to understand that a key driver of business growth and lasting success is effective product development. To most, that means coming up with innovations that improve upon existing products. A good example of this is the Apple iPhone. By adding the power of computing to cell phone communications, Apple created a product that changed how and what much of the world communicates. This kind of evolutionary development is referred to as incremental innovation.
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Showing posts with label disruptive innovation. Show all posts
Showing posts with label disruptive innovation. Show all posts
Sunday, February 2, 2014
Disruptive Innovation - Believing in the Impossible
As a business owner, it's important to understand that a key driver of business growth and lasting success is effective product development. To most, that means coming up with innovations that improve upon existing products. A good example of this is the Apple iPhone. By adding the power of computing to cell phone communications, Apple created a product that changed how and what much of the world communicates. This kind of evolutionary development is referred to as incremental innovation.
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