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Scale of Innovation
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Micro- Innovation
Macro-Innovation
Mega-Innovation
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Micro-innovation
refers to
making incremental changes in business processes or
technologies that lead to measurable and achievable
improvements quickly and at low cost. It often serves as a foundation for larger
changes and/or
scaling up by demonstrating small successes that can win
over internal teams, top management, and shareholders.
Micro-innovation approach allows
organizations to implement
soft innovations (examples)
or new technologies and achieve
results without requiring large-scale investments. |
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Soft vs.
Hard Innovations
▪
Service
Innovation |
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Mega-Innovation
MegaInnovation is an
large-scale complex
venture that is transformational,
impacts millions of people, and is applied across many diverse sectors of
economy.
Mega-Innovations are led by mission-driven
highersighted
mega-innovators.
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Example:
KoRe Innovation is a
harmonious bouquet of soft
mega-, midi-, and mini- (3M)
value innovations by Vadim
Kotelnikov
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"If you don't
change the world for the better, why do you even
exist? If you
believe in
your abilities, you will see opportunities and
roads to
success. If you don't believe in your
abilities, you will see barriers and roads to
failure. The difference between possible and
impossible is inside you."
~
Vadim Kotelnikov |
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