Category Archives: types of innovation.

“Faux Innovation” and Other Discontents

Over the course of this year, I’ve had the good fortune of working with three Global 50 companies – two U.S. based and one European.  I’ll simply refer to them as Company A, B and C.  Despite being in different industries (high-tech, financial services and industrial), one common theme emerged: senior leaders in each of ...

How Many Types of Innovation are there?

The simplest way to categorize innovation is into two types – incremental and radical.    Incremental innovation is an improvement in an existing thing (e.g. product, process or service).  Radical innovation is finding an entirely new way of doing something.  For example if you had been making spectacles in the 1950s then plastic lenses instead of ...