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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. 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.”.

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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. The way we do it is by fostering more market-creating innovations.

Marketing 114
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Debunking Disruptive Innovation – Why Disruptive Innovation is Not a Strategy

Leapfrogging

What this previous research didn’t have, however, was a catchy term like “disruptive” to tag onto the word innovation, not to mention Harvard University’s marketing machine. Good thing for them (and Google shareholders) they changed their minds. In it’s first 10 weeks on the market, Taco Bell sold 100 million. Goodbye Kodak.

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Five Unicorn Scaleup Strategies

Leapfrogging

based software companies started since 2003 and valued at over $1 billion by public or private market investors. Where startups search for product/market fit and consistency in customer retention, ScaleUps search for scalable product/ market fit, or go-to-market fit.

Strategy 130
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How Innovation Awards Can Fuel Business Growth

IdeaScale

IS: heard that since 2003 Wolters Kluwer each year consistently invests 8%-10% of total revenues in product development. We encourage cross-functional teams and submissions because its needed to bring an idea to life and to get it to market. What does this say about your innovation strategy? IS: How do you select your winners?

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Design for Emotion and Flow

Boxes and Arrows

These challenges can include the visual aspects as well as the content (King 2003). Novice users tend to see the Internet in a playful way, while more experienced users tend to view the Internet in a more utilitarian way (King 2003). Persuasive Technology – Using Computers to Change What We Think and Do. Hoffman, D.L,

Design 95
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Business model creation and innovation in China: not just copycats.

The BMI Lab Blog

“Lean value” focus: This approach is supported by the nature of the market. It is full of entrepreneurs, customers, markets and capital that happen at the same time. So, probably dozens of entrepreneurs are working on the same idea at the same time; the market will falsify most wrong assumptions quickly.