The document discusses innovation and provides definitions. It states that innovation has been broadly defined to include everything through overuse and hype. True innovation is described as a discipline of building breakthroughs, not an art form. It notes different types of innovation and their impact on markets, efficiency, and configuration of offerings. The rest of the document describes an innovation consultancy, its approach of replacing myths with methods, and examples of its work partnering with clients on new products and digital transformations.