Which of the following is a strategy for innovation?

The act of insight is a critical strategy for innovation as it refers to the ability to recognize and understand emerging trends, needs, or opportunities that may not yet be evident to others. This moment of clarity can inspire new ideas and creative solutions, often leading to groundbreaking products or services. In the context of design technology, leveraging these insights allows innovators to anticipate changes and develop offerings that effectively meet future demands, enhancing their competitive advantage and relevance in the market.

While market segmentation helps identify target audiences, customer feedback analysis focuses on improving existing products based on users' experiences, and cost reduction techniques aim at improving efficiency and profitability, they all serve more as supportive strategies rather than direct catalysts for innovation. These approaches can undoubtedly contribute to the innovation process, but the essence of disruptive or transformative innovation often starts with a profound insight that shifts conventional thinking or addresses unmet needs in novel ways.