What are the downsides of the incremental innovations?| Crash course on Innovation Part 12
#crashcourseoninnovation #incrementalinnovation #freecourses
The tragedy of incremental innovation is when companies look at incremental innovations as mere cosmetic changes on the peripheries while ignoring the vitals. We live in a high velocity market place. Here everything is changing drastically. The speed at which firms develop and roll out new products has become an increasingly critical competitive issue today. Companies can’t afford to make cosmetic changes and expects the consumer market to stay warm for their offerings. Customers expect small changes and big changes. Moreover incremental innovation does not guarantee in opening up new markets. It is only maintaining the continuity by defending a product with minor improvements rather than disrupting it.
#innovation #freecourse #innovative #howto #competitive
Watch video What are the downsides of the incremental innovations?| Crash course on Innovation Part 12 online without registration, duration hours minute second in high quality. This video was added by user Positive Revolution 08 October 2021, don't forget to share it with your friends and acquaintances, it has been viewed on our site 484 once and liked it 20 people.