by Admin | May 18, 2017 | Garwood Blog
Amazon is a great example of a services provider that has truly innovated its offerings. It started as a book store but its business activities today involve selling an increasingly wide variety of items, even to the point of reselling its own capabilities as an...
by Admin | May 8, 2017 | Garwood Blog
In the world of products, suppliers develop specifications to describe the product to potential customers. Customers can compare specifications of alternative product options to find the right product for their needs. Suppliers need not know exactly what the...
by Admin | Apr 25, 2017 | Garwood Blog
The amount of time a product lasts in the market before a new and improved one takes its place is shrinking. As a result, even successful products can expect to enjoy an advantage in the market for a shorter time than in the past. Companies need services to grow and...
by Admin | Apr 13, 2017 | Garwood Blog
Under an open innovation model, the business model of the firm will be the key driver to determine internal and external innovation activities by the firm. The table below will be helpful to identify an organization’s current business model and to guide how it can...
by Admin | Apr 6, 2017 | Garwood Blog
While it is too soon to say that secondary innovation markets have arrived in most industries in most advanced economies, it is not too soon to plan for the emergence of secondary markets in your industry. In industries like semiconductors, biotechnology, consumer...
