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Nine Short Innovation Lessons from Lego

Destination Innovation

Jorgen Vig Knudstorp joined in 2001 and was promoted to CEO three years later at the age of 36. David Gram, Head of Marketing at Lego’s Future Lab, said, “We only develop the few key features that are really needed. We throw it into the market and get feedback from consumers.”. They appointed a new CEO.

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Summaries of the 50 Best Business Books

Destination Innovation

Would you like to have read the best 50 books on sales, marketing, leadership, innovation, entrepreneurship and self-improvement? Just imagine all the insights and lessons you would have learned and how that would have helped you in your business career. But how much time would it have taken?

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What Formula Made Steve Jobs as an Innovation Leader So Successful?

IdeaScale

Steve Jobs as a leader offers a simple set of lessons on innovation: You need to accept failure as part of the process; have a tight focus with clear and simple goals; ensure leadership takes ownership of the entire process, to think ahead of the current industry; and have high standards. And until 2001, that was it.

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So What Exactly Should Kodak Have Done?

Destination Innovation

In 1976 Kodak enjoyed 90% market share of film sales and 85% share of camera sales in the USA. Kodak entered the digital camera market late but by 2001 they were number 2 in the USA behind Sony. Between 1982 and 2001 Kodak spent more than $20 billion on R&D averaging about 6% of revenues.

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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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The Leader of Innovation Paints a Vision of a Better Future

Destination Innovation

in 2001, many people were surprised, including Mulcahy herself. The financial market had little confidence in her ability to turn around the stumbling giant. When Anne Mulcahy was appointed CEO of Xerox Corp. Xerox faced huge financial problems and the stock price fell 15% on news of her appointment.

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The digital innovation era calls for new board leadership

Innovation 360 Group

In H1 you need traditional leadership styles, such as the Spiral Staircase (Loewe, Williamson, Chapman and Wood, 2001), focusing optimization of existing business and incremental innovation. Source: Jaruzelski, Staack and Goehle, Strategy&). Figure 2, Applying the Three Horizon Model. in all three Horizons at the same time!