Innovation is Meaningless
Claim: To use a word broadly renders it meanless.Some examples from the twitershpere and blogisphere: "Retailers can improve private label performance by focusing innovation on specific age segments where private label is under-developed." (from @infores)
- Isn't the concept of private label simply being able to rapidly produce clones of other successful products?
- Instead of innovation, doesn't the author really mean "target" products in specific age segments
- In this case the innovation is agreeing to "adopt" someone else's new product (new green label PET bottles)
- Here I assume the author is referring to "new product development", but could refer to "process or business model changes".
- Here innovation happens after the invention; it is the "enhancing of the product".
- I wonder if @tminahan was referring to this in the above quote?I don't think so.
- What do the schools need? It sounds like a "plan" to reduce drop outs
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