What are Some Examples of Successful Innovation Strategies?
Several companies have successfully implemented innovation strategies. Here are a few examples:
Google’s 20% Time: Google allows employees to spend 20% of their time on projects they are passionate about. This policy has led to the creation of successful products like Gmail and Google Maps. Apple’s Design Thinking: Apple’s focus on design thinking and user experience has resulted in groundbreaking products like the iPhone and iPad. Amazon’s Customer Obsession: Amazon’s strategy of obsessing over customer needs has driven continuous innovation in their services, such as one-click purchasing and Amazon Prime.