ENTREPRENEURSHIP

INNOVATION AND CREATIVITY

TYPES OF INNOVATION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What was the first purpose of Doblin to implement the Ten Type of Innovation Framework?
A
Picked up to explore the industry without specifics.
B
for business benefits
C
picked to explore a specific industry
D
Nothing is right
Explanation: 

Detailed explanation-1: -We also learned that 10 sides of Innovation in Doblin 10 Types of Innovation Model consist of Customer Engagement, Brand, Channel, Service, Product System and Product Performance, Process, Network, Structure and finally the Profit Model of our Organization/Company.

Detailed explanation-2: -Innovation frameworks are a strategic structure designed to give organizations the ability to tap into ideas, evaluate the strengths and weakness of each, make informed decisions and build strategies to turn ideas into value-generating opportunities for the business.

Detailed explanation-3: -You can use the Ten Types to help your innovation efforts in many ways. It can be a diagnostic tool to assess how you’re approaching innovation internally, it can help you analyze your competitive environment, and it can reveal gaps and potential opportunities for doing something different and upending the market.

Detailed explanation-4: -Profit Model Innovation. Profit model is about how the organization turns its value into profit. Network Innovation. Structure Innovation. Process Innovation. Product Performance Innovation. Product System Innovation. Service Innovation. Channel Innovation. More items •07-Dec-2015

There is 1 question to complete.