From Ideas to Industry Disruptors: Understanding Breakthrough Innovation

Some innovations improve what exists, while others change the world!

Breakthrough innovation belongs to the second category.

Let’s dive in and see why I think it’s a totally game-changing idea!! 

The 4 Types of Innovation (Because Not All Ideas Are Equal!!) 

According to Greg Satell in the Harvard Business Review, there are four types of innovation, and the most common one is ‘Sustaining Innovation’ — aka the “annual smartphone upgrade” of the business world!! 

Disruptive Innovation – Now, when the problem is fuzzy but the skills are sharp, entrepreneurs dive into Disruptive Innovation.

Incremental Innovation – Incremental Innovation, on the other hand, is all about those small but mighty tweaks that make a big impact.

And finally, we have ‘Breakthrough Innovation’ — the ultimate showstopper. This is where history is made, industries are shaken, and the world is never the same again!!

What Makes Breakthrough Innovation So Special?

Every year, NIQ BASES highlights that breakthrough innovations aren’t always about jaw-dropping, futuristic tech. Sometimes, they are simply smart product extensions or fresh ideas that consumers find incredibly useful.

— even if breakthrough innovations don’t seem revolutionary at first!

According to the Cambridge Dictionary, a breakthrough is a significant discovery or event that solves a problem or improves a situation.

• My point of view: Breakthrough Innovation is that “aha!” moment that pushes boundaries and changes the game!

Also Read: Optimism & MBAs: The Underrated Skill That Drives Success

Real-World Breakthroughs That Blew Our Minds!!

Netflix didn’t just wake up one day and become the king of streaming!

It took years to evolve from a simple DVD rental service to the subscription-based powerhouse we know today.

And when it finally made the leap, it didn’t just change – Netflix revolutionized the way we binge-watch!!

Steve Jobs didn’t just create a fancy phone – he gave us the iPhone and it completely transformed how we live.

Now, the question is – Why should YOU care about Breakthrough Innovation?

If you dream of becoming a successful business leader or the next big-shot entrepreneur, keeping an eye on Breakthrough Innovations is a must!!

These game-changing ideas have the power to transform everything — from healthcare to how we shop!!

Pro tip for you: Start dreaming big today –

…. because who knows?

The next breakthrough idea could have YOUR name on it !!

Also Read: Entrepreneurial Mindsets Unlocked: Which One Defines You?