strategies of innovation

1. Creating Strategies of
Innovation
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2. The Firstest with the Mostest
Dupont- excelled entrepreneur
strategies
Cut price
Improve the product

3. The Second with the Mostest Startegies
More successful than the first of the mostest.
IBM strategies or the Japanese strategies.

4. The Niche Strategy
Widely popularized.
Finite market and established yourself to the
point where it is not worthwhile for anyone else
to move in because the market cannot be
expand.

5. Making the Product your Carrier
 Developing one product so it can carry another is an example of a
minor strategy.
 Example:
Gillette blades
Turbine

6. How to identify Sources of Innovation
Take advantage of and act quickly on your success, both expected
and unexpected.
Exploit incongruities between obvious trends and the realities of
change.
Find the exploit the contradiction within a process.
Find and exploit incongruities between political and economic
realities.
Exploit demographic in congruities where no one else does.

7. Exploiting incongruities between obvious
trends and the realities of change.
 The development has to be the central power
station into which you plug all kinds of peripherals
and receivers.
 Willing to look at the market.

8. Exploiting the contradictions within a
process
Demand goes steadily but yet the industry cant
make the money
Cannot indefinitely trade off the productivity of one
resources against downgrading the productivity of
another

9. Exploiting incongruities between political
and economic realities
Voting in election then the government will keeping
them ( entrepreneur) in business.
Entrepreneurs take advantage in a disagreeing
population.

10. Exploiting demographic incongruities
Must have a high level person permanently
stationed at the state house.
Another permanently working on a labor
relations.