PDR Types of Innovation: Platform Innovation, Derivative, Radical, Incremental Innovation, Breakthrough, Disruptive Innovation

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Innovation

Forms

Management

PDR types of Innovation

Platform ▪ Derivative ▪ Radical

Vadim

Founder

PDR Innovation Types: Platform, Derivative, Radical

PowerPoints for Teachers / Trainers

Innovation Success 360

Coaching by Example

Innompic Games is a radical innovation, a civilisational breakthrough, a global trend setter that turns the Earth to the Planet of Loving Creators.

Innompic Ecosystem is a platform that facilitates practical application of innovations.

User feedback inspires derivative innovations.

	In radical innovation, every step forward is a step into terra incognita where opportunities are guides and failures are teachers.	Vadim
		Founder

Radical Innovation

Radical innovation, also known as revolutionary, breakthrough or disruptive innovation and helps create a new market and value network. It breaks rules and eventually disrupts an existing market and value network displacing an earlier technology.

It is about radical changes to the current business, capabilities or markets. It lets a technology or product reach a new frontier.

Definition of Radical Innovation

Quotes

Radical vs. Incremental Innovation

RPM → 7 Challenges

Innoball

Don't Listen to Experts

Features:

→ Create dramatic change in the behavior of people and in the system currently in place

→ Experimentation-based

→ Measured by the range and quality of disruptive options before the leadership team

Great innovators find new treasures and take as much as they want. Others follow and compete for whatever is left.

Here's to the crazy ones!... Innovation distinguishes between a leader and a follower.

Steve Jobs

Apple

I'm interested in things that change the world or that affect the future and wondrous.

Elon Musk

It is often easier to make progress on mega-ambitious dreams since you have little competition.

Larry Page

Google

Move fast and break things.

Mark
Zuckerberg

Facebook

	Entrepreneurial simulation game INNOBALL is far more useful than business planning when you create radical innovations and strive to achieve impossible.	Vadim
		Founder

Platform Innovation

Platform innovation is about seeking out extensions to the current business, and anticipating and leading changes of significant impact.

The platform innovation is defined as one that leads to the practical application of fundamental innovations. Such innovations normally are launching pads for a new industry.

Business Innusual

Mega-innovation

Synergy Innovation

Innovation Management

Idea Implementation

INNOBALL

Features:

→ Holistic innovation with longer cycle times

→ The quality and success of the new offering is the key driver of advantage

→ Customer feedback is iterative

***

→ Example: Banking as a Service (BaaS)

Love for customers is the springhead of the cascade of innovations and the river of revenues.

Derivative Innovation

Derivative or incremental innovations are slight modifications of the main product. Derivative innovation is a secondary technology, process, product or service derived from a platform innovation. It is about continuous improvement and quick response to external events.

Value Innovation

Competitive Innovation

New Product Development (NPD)

10 Commandments of Innovation