Innovative advertising??

This is a really cool idea. Advertising that addresses people's issues and helps them in their time of need! What a great way to get people talking about your product!

More on Business Model Innovation

Another great presentation from Alex on how to innovate your business model. Interesting step by step process and exercises for business model innovation.

Business Model Innovation

Product innovation is sometimes not enough to ensure profitability. Take a look at this presentation from Alex. It provides some good insight into how businesses have to innovate their business models to stay ahead of the curve to make money. There are times when you give away your product for free to generate revenues. Interesting times.

Lifecycle Management

Here is a basic yet interesting presentation on Lifecycle Management.

Nice Presentation on Innovation

Here is a nice presentation on Innovation. More comments on types of innovation to follow. I will also tie this back to New Product Development in later posts:

Nike's product innovation

Watch these cool videos on Nike's product innovation history and innovation management process:




Innovation and New Products

In this blog, we have discussed quite a bit about customer centricity of innovation. This begs the question:

  • How many of your new product ideas come from your customers?
  • What role does innovation play in developing new products?
  • Who should innovate and how?

Check out this video for some answers and examples.




We will spend a lot of time discussing NPD and Innovation with future posts in this blog.