Though the business world glorifies big disruptive ideas, in reality, most progress is achieved by implementing hundreds or thousands of minor improvements that can have a big cumulative impact.

Faced with the new reality, companies have been forced to implement innovation processes. However, the demand from certain sectors has led entrepreneurs to innovate or disrupt the usual business to ...

The word ‘innovation’ has received somewhat of a bad reputation in recent years, due to a combination of factors, including overuse of the term and unrealistic expectations about what it can achieve.

Companies innovate to increase revenues or reduce costs. The literature identifies two types of innovation approaches: incremental innovation, when an enterprise uses and “exploits” its current ...

“When you come up with hundreds of little innovations, and do it regularly, it adds up to big changes,” said Gerry Smith, who is Lenovo’s executive vice president and chief operating officer of the ...

As innovators mature they realize that innovation for its own sake is less important than creating a portfolio of innovation outcomes. The biggest challenge many face in this regard is the balance ...

Managers who want to create new and innovative value do so with the set of tools and techniques available to them. However, to be successful at innovation, you need to know precisely what you are ...

Do you think companies spend too much time searching for groundbreaking innovations at the expense of incremental advances? ROBERT PLANT: Many corporate leaders dream of delivering a breakthrough ...

The word ‘innovation’ has received somewhat of a bad reputation in recent years, due to a combination of factors, including overuse of the term and unrealistic expectations about what it can achieve.