Joseph Gifford, NPDP’s Post

How can organisations successfully balance between innovation and business growth in the dynamic world of medtech transformation? I came across an amazing HBR article (The Middle Path to Innovation) and learned about the "growth driver model", a framework that partners corporations with outside investors to identify and develop innovation opportunities, drawing on corporate resources and talent and externally recruited entrepreneurs. The medtech case study presented in the article offers insight into how the "growth driver model" leverages a firm’s capabilities to unlock new revenue streams by tapping into innovators’ creativity and agility. Happy reading! #hbr #medtech #innovation

📢 Check out my latest article on InnovationMap! In it, I dive deeper into the concept of Problem/Solution Fit and explore how organizations can achieve breakthroughs by focusing on challenges and defining the right level of difficulty. If you're interested in Innovation Management, Strategic Thinking, Business Growth, Corporate Innovation or building the Innovation Economy, this is a must-read for you! Share your thoughts with me in the comments. #InnovationManagement #StrategicThinking #BusinessGrowth #Innovation #CorporateInnovation #Innovation Read the full article here: https://lnkd.in/d-r3dg_V

With no end in sight to business uncertainty, it's rewarding to guide companies through the choppy waters. Here's a brief read on leveraging innovation for success. For further assistance, Moves the Needle specializes in helping organizations adopt an entrepreneurial mindset to drive innovation and growth. Schedule a quick discovery session here: https://lnkd.in/gUZGaYjB

🚀 Embracing business innovation isn't just a choice; it's a necessity in today's ever-evolving marketplace. Here's why: - Innovation isn't just about new products; it's about new ways of thinking and problem-solving. - Don't be afraid to challenge the status quo and disrupt traditional norms; that's where true innovation thrives. - Remember, innovation isn't a one-time event; it's a continuous process that requires dedication and a willingness to adapt. - Stay curious and open-minded; you never know where your next groundbreaking idea may come from. - Surround yourself with diverse perspectives and encourage a culture that values creativity and experimentation. - Don't let fear of failure hold you back; every setback is an opportunity to learn and grow. - Keep an eye on market trends and technological advancements; staying ahead of the curve is key to staying competitive. Innovation isn't just a buzzword; it's the lifeblood of successful businesses in today's dynamic world. So, are you ready to disrupt, create, and innovate? The possibilities are endless if you dare to dream beyond the conventional! #BusinessInnovation #InnovateToElevate 🌟

I can’t think of a reason you wouldn’t put innovation first. But apparently that’s what 97% of companies are doing. I understand not rocking the boat during these uncertain times, but throughout history, stepping out of line and being bold has driven progress. Innovation doesn’t mean just scrapping everything and starting from scratch – it’s about looking for opportunities that might seem just out of your reach and going for them. Because if you’re standing still, you’re getting left behind. #innovation #progress

I can’t think of a reason you wouldn’t put innovation first. But apparently that’s what 97% of companies are doing. I understand not rocking the boat during these uncertain times, but throughout history, stepping out of line and being bold has driven progress. Innovation doesn’t mean just scrapping everything and starting from scratch – it’s about looking for opportunities that might seem just out of your reach and going for them. Because if you’re standing still, you’re getting left behind. #innovation #progress

I can’t think of a reason you wouldn’t put innovation first. But apparently that’s what 97% of companies are doing. I understand not rocking the boat during these uncertain times, but throughout history, stepping out of line and being bold has driven progress. Innovation doesn’t mean just scrapping everything and starting from scratch – it’s about looking for opportunities that might seem just out of your reach and going for them. Because if you’re standing still, you’re getting left behind. #innovation #progress

I can’t think of a reason you wouldn’t put innovation first. But apparently that’s what 97% of companies are doing. I understand not rocking the boat during these uncertain times, but throughout history, stepping out of line and being bold has driven progress. Innovation doesn’t mean just scrapping everything and starting from scratch – it’s about looking for opportunities that might seem just out of your reach and going for them. Because if you’re standing still, you’re getting left behind. #innovation #progress

I can’t think of a reason you wouldn’t put innovation first. But apparently that’s what 97% of companies are doing. I understand not rocking the boat during these uncertain times, but throughout history, stepping out of line and being bold has driven progress. Innovation doesn’t mean just scrapping everything and starting from scratch – it’s about looking for opportunities that might seem just out of your reach and going for them. Because if you’re standing still, you’re getting left behind. #innovation #progress

I can’t think of a reason you wouldn’t put innovation first. But apparently that’s what 97% of companies are doing. I understand not rocking the boat during these uncertain times, but throughout history, stepping out of line and being bold has driven progress. Innovation doesn’t mean just scrapping everything and starting from scratch – it’s about looking for opportunities that might seem just out of your reach and going for them. Because if you’re standing still, you’re getting left behind. #innovation #progress