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Southwest Pursues a Me-Too Strategy

Michael Roberto

Source: Wikipedia This week, Southwest Airlines announced a major strategy shift. The stock market reacted positively to the news of the strategy changes at Southwest. Abandoning many of the classic elements of Southwest's strategy means that the firm has lost of much of its distinctiveness.

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Are You Future-Proof? Preparing for Technological Disruptions

Phil McKinney

However, as the internet and streaming services like Netflix emerged, Blockbuster failed to keep up with technological advancements and could not keep up with the competition. Staying abreast of technological trends is critical for businesses to remain competitive and prepare for the future.

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71 Innovation Methodologies

Open Innovation EU

Design Competitions. Focus stage: Growth Published: 2004 more…. Focus stage: Early-stage Published: 2004 more…. Innovation Strategy (Goffin). Focus stage: Early-stage Published: 2011 more…. Focus stage: Early-stage Published: 2012 more…. Stage-Gate Model in Crowdsourcing (Saldanha). Developing Crowd Capabilities (Prpic).

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Should Southwest Airlines Change?

Michael Roberto

The situation represents a classic strategy conundrum. Southwest Airlines became highly successful because it made a series of critical tradeoffs, exemplifying Michael Porter's concept that, "The essence of strategy is choosing what NOT to do." They studied 26 European airlines from 2004-2012.

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Top 9 Actionable Employee Engagement Ideas and Activities

Acuvate

In today’s competitive business world employee engagement is an essential element in creating a positive work culture and a productive workforce. This is the reason employee engagement gets top precedence in the workplace strategy. Disengaged employees can cause both financial and competitive drain on the organizations.

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What do Blue Lobsters Have to do With Innovation? Everything!

Mills-Scofield

Blue Lobster at the South Bristol Coop , 2004. Because the key to innovation isn’t processes, stage gates, weird exercises, or competitions. What’s with blue lobsters? Well, a blue lobster is rare, about 1 in 2 million , and very beautiful. The key to innovation has been and always will be People. People who view the world differently.

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Organizational Pathways to Business Model Innovation

Integrative Innovation

Can the venture sizeably leverage existing firm assets and capabilities to gain competitive advantage? A useful taxonomy for addressing this issue has resulted from research by Costas Markides and Costas Charitou (2004). Integration Strategy. Phased Integration Strategy. Phased Separation Strategy.