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Retaining the innovative spark

Jeffrey Phillips

They were in a desperate fight with Fuji to retain market share in film, as the digital camera sales were ramping up. Competition is accelerating, of course, and so is innovation. Products As the company grows and develops products, part of its flexibility is lost, because it must sustain the products and protect market share.

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Covering Innovation My Way

Paul Hobcraft

You do need to find out more of the emerging Work to be done approach as it is a far more dynamic place for innovation to happen.The W ork-to-be-done is focused on connecting to the emerging areas of Organizational need being faced in today’s rapidly changing markets and diminishing resources. Its areas of focus: [link].

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Setting yourself apart through Innovation

Paul Hobcraft

Year after year, this analysis has proven that those firms identified as being the most effective innovators consistently outperform their peers and the market.” Average return has been 14.5% CAGR and in 2016 , growth was 18.9% – significantly higher than S&P500, NASDAQ and FTSE 100. ” Now is that surprising?

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The Orange Socks Story I’ve Never Written Before

BrainZooming

The occasion was presenting our first strategic market plan at Yellow Transportation (whose name was Yellow but whose color was orange) to the senior leadership team. Over time, another guy in the department and I got into an informal competition for who could have more orange stuff. Current Orange Socks.

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Make Digital Disruption Your Biggest Competitive Advantage

Daniel Burrus

It’s the kind of change that affects you personally and you don’t see it coming: an erratic performance by the stock market, unplanned travel delays, a sudden drop in property values, or being unexpectedly laid off. Thanks to Venmo, Paypal, and Apple Pay, to name a few, payments are becoming increasingly digitized.

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What is Lean Innovation? Components and Examples

Moves the Needle

Methods are needed that focus on the customer experience, allow us to adapt to new information, and help us make decisions based on market-based evidence. When designing something, (ie: a technology, a product, a marketing material…) it is paramount to keep the needs of the end user in mind. Competition is now global.

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The fallacy of "modern" management when it comes to innovation management

Moves the Needle

Henry Ford’s great insight was that if he could reduce the cost of cars such that his decently-paid employees could afford to buy the automobile they made, he’d have a massive market. The number of competitors in most open markets is incredible and increasing rapidly. not market risk (will it succeed in the market?).