Abstract
Purpose
This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.
Design/methodology/approach
This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.
Findings
The review is based on “Design-oriented strategy typology and innovation framework” by Hsu (2017). This case study of Taiwanese consumer electronics and computer companies demonstrates how product innovation strategies are being used to develop a competitive advantage that survives in the global market. Product R&D and design tends to focus on “new experience” in aggressive innovation enterprises, “new value” in market innovation enterprises, “new service” in technical innovation enterprises, and “new positioning” in opportunity enterprises. Moving with the market by innovating in one of these ways is the big theme at the heart of the collective achievements of these companies.
Practical implications
The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations.
Originality/value
The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.