Tuesday, July 18, 2017

The 4 Types of Innovation and the Problems They Solve - Greg Satell, Harvard Business Review

We need to start treating innovation like other business disciplines — as a set of tools that are designed to accomplish specific objectives. Just as we wouldn’t rely on a single marketing tactic or a single source of financing for the entire life of an organization, we need to build up a portfolio of innovation strategies designed for specific tasks. It was with this in mind that I created the Innovation Matrix to help leaders identify the right type of strategy to solve a problem, by asking two questions: How well can we define the problem? and How well can we define the skill domain(s) needed to solve it? https://hbr.org/2017/06/the-4-types-of-innovation-and-the-problems-they-solve

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