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By taking a clear look at the different types of innovations, you can shift your organization from innovation theater to a capability that drives sustainable growth. To help you, I’ve provided a breakdown of the most common ways to categorize innovation to give you some clarity on the topic and how it can impact your business strategy. By establishing at least three different innovation types, you’ll have the foundation to start managing innovations in your own way and making real progress towards a more trustful organization.
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