According to Phil Koos, by being aware of changing consumer needs innovation can be predicted.
Great innovation builds on what comes before it and does not require people to make radical changes in beliefs or behavior. What often looks like breakthrough innovation is actually a small advance or twist on an established idea. That the change is evolutionary, however, doesn’t keep its impact from being revolutionary. Monitoring market evolution across the globe over time reveals patterns consistent across categories and markets. Consumer needs evolve in predictable ways. There are waves of successful mass-market innovation that mirror a natural evolution in consumer needs.
Can You Predict Successful Innovation? Yes (Adage)
The 7 Signs of a Leader – A Must Read
(Dumb Little Man)
Open your mind to the idea of innovation (Financial Times)
Innovation Matters: Balancing Sustained Versus Disruptive Innovation (Mp Daily Fix)
Research finds leadership skills inadequate to meet current and future demand (The Practice of Leadership)
Stop following the crowd
(Think One Step Ahead)
Does your Innovation have a story? (Blogging Innovation)
Explaining The Innovator’s Dilemma… In Two Minutes With A Whiteboard (Think One Step Ahead)
The Most Powerful Paths to Profits (Strategy + Business)
Use subtractive thinking to create new products and services (Think One Step Ahead)
The Assassination of Richard Nixon film
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