Tom Davenport on Innovation

Tom Davenport ( author of Thinking for a Living) blogs about the various kinds of innovations.

He categorises innovation into :

1. Product innovation
2. Service innovation means the development and testing of new ways to deliver services
   
3. Process innovation usually involves either internal business processes, or those involved in delivering products and services to customers.
4. Managerial innovation involves the exploration and adoption of new approaches for managing people, technology, and other strategic business resources.
5. Business model innovation

Good stuff. Go read the full post!