The Lead Lean conference organized by Nordic Business Forum (22nd of January 2018) was an inspiring meeting with talented speakers like Anita Krohn Traaseth, Alex Osterwalder, Dan Toma, Eric Ries & Seth Godin.
A recurring theme during the day was exploitation and exploration. Exploitation is associated with incremental innovations on existing processes, services and products to make the best use of resources. Exploration is about radical innovations such as the development of brand new processes, services and products.
Continuous improvement efforts focus on incremental innovations - improvements to existing processes, products or services.