Innovation - The "what" and the "degree".
Rather than getting lost in all these different labels, I think it's better to just think of innovation as being relevant to any part of the business, whatever that business may be.
What's more important, in terms of day-to-day running of the business, is the degree of innovation that is being initiated. This is really important because a "small" innovation (incremental, evolutionary, or continuous) needs to be managed differentlty from a "large" innovation (radical, revolutionary, or discontinuous).
I hope I'm not boring the socks off you! I just would like to get some of the key issues out on the table before I start building up this blog, so that somebody can get something out of it!
Labels: definition of innovation, innovation
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