5 types of innovation

Innovation is not just about technology – the five types of innovation all managers must know

Posted on 2 CommentsPosted in Innovation Management, Strategy

Recently, I met with key executives from an industry trade group to discuss disruptive innovation in Silicon Valley.

One key concept I shared with them is that although many people equate innovation with technology, there are actually five types of innovation and that some or all may occur at the same time.

This post describes the five types of innovation, and provides managers with three takeaways to guide their innovation strategy.