Incremental innovation refers to making small improvements or updates to an existing product or service. It's like adding seasoning to a dish you already enjoy to make it even tastier. In the context of product management, incremental innovation involves making iterative changes that enhance the user experience or solve specific pain points. It's a valuable strategy for continuously improving your product without completely reinventing the wheel. By focusing on small, manageable updates, you can maintain customer satisfaction and stay ahead of the competition while avoiding unnecessary risks.