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Four Types of Innovation – Updated

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In 2013 I wrote a blog post titled “The Four Types of Innovation and the Strategic Choices Each One Represents.” To date it’s been one of the most popular articles I’ve ever written. In my original post, I listed the following: Breakthrough Sustaining New Market Disruptive In this post I want to clarify what I […]

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Introducing Ignition Framework: A Step-by-Step Approach To Creating and Growing New Businesses

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It’s been a long time coming but I’ve finally packaged all my best material on new business growth into one overarching framework. Along with that I’ve changed the name of the site from theinnovativemanager.com to ignitionframework.com! Why The Switch? In short, I needed a better and faster way to explain what this site is all […]

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Innovator’s Canvas 3: How to Quickly and Effectively Document and Validate Your Innovation Idea

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What I’m going to share with you today has been for me the most useful business planning tool since the original business model canvas. It’s helped me clarify even the most challenging business models and helped answer every major question about an idea. But first, some background… In 2008, Alex Osterwalder introduced the Business Model […]

Tesla Model 3 - An Integrative Innovation Case Study

Tesla Model 3: An Integrative Innovation Case Study

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Last week Elon Musk and Tesla made history with the unveiling of the Model 3 – a $35,000 all electric vehicle. Though the car won’t begin shipping to customers until late 2017, the announcement of the Model 3 marks an important milestone for Tesla and electric cars in general. In this post we’ll explore Tesla’s strategy […]

Customer Development: How To Understand, Empathize And Validate Ideas With Your Customer

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At its core, innovation is about solving someone’s problem. To do it right, you need to understand the person and their job to be done better than they understand it themselves. You need to know their motivations, frustrations and inspirations. This ability to understand your customers needs better than they understand themselves is what separates inventors […]

 
 
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