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Innovation and Product Management Review

posted Oct 22, 2012, 4:04 AM by Manish Abraham

By Dipl.-Ing. (FH) Markus Pollhamer on www.b4development.com

Introduction:

Dear readers, this article is a review of the lecture IPM basics within the master program Innovation and Product Management at the University of Applied Sciences Wels. The aim of the course was to provide students with an overview of the many facets of innovation and creativity and to learn practical methods and tools.

I got to hold this lecture and the theme fits perfectly b4development.com, the Rückblich is presented subsequent to these 2 days. Unusually only is the language, because most students participated haben.J outside the German-speaking world in the lecture

Dear Students,

Innovation is fun - this was the first topic of the IPM basics. From my point of view it was not only a topic - looking back - fun went along with us the whole two days.

So I want to say thank you again for your collaboration, curiosity and creativity. There is a huge potential available - keep at it!

I hope the quotations to suit you. If you need more inspiration you can find further quotations here - but exercise care in doing - they are only in German language J

We were talking a lot about innovation and realized that it is not that easy to define exactly innovation.

There are so many perspectives, meanings and definitions out there:

definitions of innovation

definitions of innovation

.... a bunch of innovation-types:

types of innovation

types of innovation

.... and a lot of possibilities to classify innovation:

classification of innovation

classification of innovation

I asked you about definitions of innovation and you came forward with many interesting and valuable perspectives. I think it will help you challenge your own perceptions of innovation and expand your horizon. And of course you will understand the different ways people talk about innovation.

We went through your many great comments, and together we pulled out the 3 main factors:

  • Innovation has to be new (not necessarily radical new)
  • Innovation has to be valuable (customer / company)
  • Innovation has to be economic

I like your perception that innovation has to be economic only in business context!

If you think about innovation - so remember the dimensions of innovation!

dimensions of innovation

dimensions of innovation

Stated below you can find the chats from our first day. Congratulations to your scenarios how the world could look like in 2020 and beyond.

Scenario 1:

Scenario 1-2020

Scenario 1-2020

Scenario 2:

Scenario 2-2020

Scenario 2-2020

Scenario 3:

Scenario 3-2020

Scenario 3-2020

Further conclusions and your business model innovations from the second day will follow-up shortly.

Best regards

Markus

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