FROG: Identify a successful venture that leaps beyond the current ventures

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter18: Management Of Technology And Innovation
Section: Chapter Questions
Problem 3CRQ: What are the five Cs of managing innovation, and how do they help direct a firms innovation...
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The following are different approaches to innovation. Your task is to Identify successful
ventures/businesses on each approach based on the given requirements.
Cat, Pig and Frog
The CAT
To Start. Be a copycat
Nothing is purely original everything is based on something existing
The PIG
Piggy Back
Build upon existing trends, technologies and even companies!
The FROG
LeapFrog!
Pushing the boundaries of what is known, possible and even allowed.
FROG:
Identify a sucesful venture thatleaps beyond the currnt ventures
Ex GRAB TAXI
The unique idea of eaty boking frtaisevices hasben one f themostsucesu develoment in tefed f ronsportatin. Using boking apicatin,i is
eosier to fnd customers as wel sto find a tai. Thisventue was hugely occepted in the market creating big in businesstechnology.
Transcribed Image Text:The following are different approaches to innovation. Your task is to Identify successful ventures/businesses on each approach based on the given requirements. Cat, Pig and Frog The CAT To Start. Be a copycat Nothing is purely original everything is based on something existing The PIG Piggy Back Build upon existing trends, technologies and even companies! The FROG LeapFrog! Pushing the boundaries of what is known, possible and even allowed. FROG: Identify a sucesful venture thatleaps beyond the currnt ventures Ex GRAB TAXI The unique idea of eaty boking frtaisevices hasben one f themostsucesu develoment in tefed f ronsportatin. Using boking apicatin,i is eosier to fnd customers as wel sto find a tai. Thisventue was hugely occepted in the market creating big in businesstechnology.
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