How might a company in a traditional sector like manufacturing apply the Product System innovation approach?

A manufacturing company can apply the Product System innovation approach by creating a robust and scalable system that connects their individual products and services. This could involve developing additional components that complement their existing offerings, making customers feel the need for these extras. The key is to create valuable connections between otherwise distinct and disparate offerings, thereby enhancing the overall value of their product system.

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Product System innovations make the customers think that they need extra or additional components to perfectly complement what they are already enjoying. This type of innovations is rooted in how individual products and services connect or bundle together to create a robust and scalable system. It is a way to create valuable connections between otherwise distinct and disparate offerings.

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Ten Types of Innovation: The Discipline of Building Breakthroughs

Stop wasting your time on brainstorming sessions that only improve upon existing offerings marginally. Based on exhaustive case studies and research o...

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