Level 1 & 2: “Incremental Innovation”

Creative Problem Solving Model Returning now to problem solving for a new business idea, Incremental Innovation is about becoming more patient and more effective. “Doing things right”, Level 1, is about creatively finding new ways to do things that improve cost and reduce the time. “Doing the right things”, or Level 2, is [...]

2021-01-25T13:27:42-08:00

Growth Can Not Be Achieved Without Spending On R&D

An obvious comment and appropriate question is that perhaps we really don’t need innovation to grow? We may disparage the last plateau stage in the "Simple Business Maturity S-Curve" figure as being an unattractive area of commoditization, low profits and no growth. Before dismissing this as bad business however, one has to remember [...]

2021-01-23T15:22:33-08:00
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