10 Types of Innovation
1. Network – In today’s hyper-connected world, no company can or should do everything alone. Network innovations provide a way for firms to take advantage of other companies’ processes, technologies, offerings, channels, and brands—pretty much any and every component of a business.
2. Process innovations involve the activities and operations that produce an enterprise’s primary offerings. Innovating here requires a dramatic change from “business as usual” that enables the company to use unique capabilities, function efficiently, adapt quickly, and build market–leading margins.
3. Product System innovations are rooted in how individual products and services connect or bundle together to create a robust and scalable system. This is fostered through interoperability, modularity, integration, and other ways of creating valuable connections between otherwise distinct and disparate offerings.
I recommend starting with measuring the patient experience, as this drives innovations that matter to patients. Carers, clinicians and administrators alike support improving things that matter to patients. Engagement, efficiency and outcomes improve.
See more ‘Types of Innovation’ at Doblin.