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Innovation Frameworks

Looking to explore one of the many interesting frameworks of innovation to help you expand and upgrade your own innovative intellect? Check out multiple innovation frameworks below.

The approach between the Incumbent and the Entrant can be split into two timeframes

Disruptive Innovation

Disruptive Innovation has been praised by business leaders across markets, small as well as large corporations. However, the concept is in danger of becoming irrelevant due to a broad misinterpretation.

Big Bang Disruption is a consumer adoption that consists of a condensed rise and falls

Big Bang Disruption

Big Bang Disruption is a consumer adoption that consists of a condensed rise and fall, looking like a shark fin. Whereof incremental improvements in technology tended to have a bell-curve-shaped pattern of consumer adoption.

Frugal Innovation offers a unique opportunity for entrepreneurs to create social value

Frugal Innovation

Frugal Innovation offers a unique opportunity for entrepreneurs to create value in resource-constrained environments. By focusing on simplifying products and processes without sacrificing core attributes, businesses can unlock new markets and drive sustainable growth.

Crucial to an organization’s ability to stay competitive within its existing markets.

Incremental Innovation

Incremental innovation is the procedure of creating small but continuous improvements to an already existing product or service.

Sustaining innovation involves improving existing products

Sustaining Innovation

Sustaining innovation involves improving existing products to offer better value to customers instead of creating new markets or products.

Let dive into modular innovation

Modular Innovation

Modular innovation is defined as the process of creating products or services through the aggregation of interchangeable and reconfigurable parts.

Architectural innovation gives businesses the power to expand their customer base

Architectural innovation

Architectural innovation allows businesses to expand their customer base or reach new markets without inventing new technologies or products.

Open innovation refers to the process of leveraging ideas and solutions

Open Innovation

Open innovation refers to the process of leveraging ideas and solutions from outside of your company in order to drive innovation and growth.

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