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Nine Short Innovation Lessons from Lego

Destination Innovation

But in 2003 the company was $800m in debt and on the verge of bankruptcy. He created a sense of urgency to undertake the changes ahead. Lego is now revered as one of the most innovative and successful companies in the world. The turn around in its fortunes has been spectacular. We’re running out of cash… and likely won’t survive.”

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Is Myopia the Biggest Threat to Innovation?

IdeaScale

Ignoring change is often a bad idea. In 2003, Apple introduced the iTunes Store, which tied into their popular iPod. Take a hard look at what change in your industry means and what will be necessary to be ready for it. The lesson? When taking a cue from a competitor, don’t just imitate them. The Music Industry.

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How college presidents can last in the job to create lasting change

Christensen Institute

Instituting and solidifying lasting change at most colleges and universities is not an overnight phenomenon. Understanding their success has much to teach leaders about how to manage innovation and change. Tools of Cooperation in action When LeBlanc entered the presidency at SNHU in 2003, the institution was on the brink of failure.

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Shark Tanks are the Pumpkin Spice of Innovation

Innovation Excellence

Since its introduction in 2003, the Pumpkin Spice Latte has attracted its […]. It was the earliest ever launch of Starbucks’ Pumpkin Spice Latte and it kicked off a season in which everything from Cheerios to protein powder to dog shampoo promises the nostalgia of Grandma’s pumpkin pie.

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The Hair On Fire Use Case

Innovation Excellence

Tesla, not to mention his other ventures, has the mark of a business that can truly change the world. When he co-founded the company in 2003, electric cars seemed like a pipe dream. Elon Musk is often hailed as a visionary, and rightly so. Today, however, just about every major carmaker is investing in the.

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How Mark Cuban’s pharmacy can change how payers handle prescription coverage

Christensen Institute

Medicare implemented their pharmaceutical coverage program back in 2003. This study quantifies potential savings, which could incentivize Medicare and other large-scale payers to change how they cover prescriptions. Changing the value network of Medicare Part D makes the consumer (i.e., A Quick Overview of Medicare Part D.

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What The Economist gets wrong about democracy and development in Latin America

Christensen Institute

Take for example, the 2003 attempted institutional reform in Afghanistan. Over the years billions of dollars were poured into the country to change the prevailing institutions in government, which many hoped would lead to positive change in the country.

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