IdeaScale

AUGUST 18, 2021

These seven companies lost out on entering major new markets, got acquired by competitors, or accumulated billions on bad bets, all by failing to innovate or grasp the value of their innovations. The problem was they focused entirely on desktop computers, leaving the market in industrial computing and servers to others.

Company 130

Company eBook Innovation Marketing 130

IdeaSpies

AUGUST 31, 2023

Social When Facebook launched in 2004, it friended news media promising them access to youth. It’s a classic market failure. The Don’t Be Evil mantra then disappeared as trillions rolled in. News media realised too late their ads business was being syphoned off by a trillionaire paperboy, leaving them a pauper.

Report 108

Report Video Industry Training 108

Destination Innovation

MAY 22, 2016

There is much talk in the innovation community about the need to produce a minimum viable product (MVP) and bring it quickly to market. In 2004 Mark Zuckerberg, Dustin Moskowitz and Chris Hughes raised $500,000 in venture capital for their fledgling company Facebook. But what exactly constitutes a MVP and what is its purpose?

Video 108

Video LEAN Examples Learning 108

BPI Thought Leadership Commentary

NOVEMBER 10, 2015

Cartrack Holdings – the leading global provider of vehicle fleet management and insurance telematics – is expanding its operations into the United States, following rapid growth in Asian, European and African markets.&

Marketing 40

Marketing Management 40

Jeffrey Phillips

MAY 22, 2023

My friend, who founded OVO Innovation with me in 2004, was really passionate about the idea of reviving innovation in corporations. Market evidence will tell you that most of new product innovations fail in the first year. I have to admit, I was skeptical at first. Doing new things in large corporations is difficult.

Artificial Inteligence 120

Artificial Inteligence ChatGPT Innovation Generative AI 120

Michael Roberto

MARCH 13, 2025

The stock market reacted positively to the news of the strategy changes at Southwest. They wrote: A comparison of the business models of the 26 [European] airlines in 2004 and 2012 revealed a decrease of distance of nearly 19 percent. The firm pressed Southwest to add five new board members in October.

Strategy 27

Strategy Strategy Comparison Industry 27

Mills-Scofield

APRIL 29, 2019

Blue Lobster at the South Bristol Coop , 2004. They think they’re innovative because they make something in green instead of just red, but they stick with their industries, markets, customers, and (usually dying) business models. What’s with blue lobsters? Well, a blue lobster is rare, about 1 in 2 million , and very beautiful.

Innovation 80

Innovation Culture Exercises Disruption 80

The BMI Lab Blog

JANUARY 26, 2018

“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.

Technical Review 73

Technical Review Innovation LEAN Software Review 73

Open Innovation EU

JANUARY 22, 2016

Innovation is almost always focused on information, is knowledge-based, complex and customized – which shortens the time to market and increases first mover advantages. All this, calls for more organic, innovative and learning organizations that are lead by strategic leaders ( Greiner, 2004 ).

LEAN 75

LEAN Entrepreneurship Agile Innovation 75

Planview

APRIL 11, 2019

When the program started back in 2004, the goal was to bring employees from all over the company together to present game-changing ideas, solve business challenges, and introduce exciting new offerings to market. We get to tap our employees’ expertise, bringing state-of-the-art vehicles to our global market quickly and repeatedly.”

Case Study 56

Case Study Crowdsourcing Study Industry 56

Boxes and Arrows

AUGUST 7, 2008

Novak, T (1996), “Marketing in hypermedia computer-mediated environments: conceptual foundations’&# , Journal of Marketing, Vol. Marketing Science 19, 1 (Jan. Persuasive Technology – Using Computers to Change What We Think and Do. San Francisco: Morgan Kaufmann Publishers. Hoffman, D.L, Norman, Donald A.

Design 95

Design Software Learning Creativity 95

Integrative Innovation

MARCH 9, 2018

A useful taxonomy for addressing this issue has resulted from research by Costas Markides and Costas Charitou (2004). Strategic relatedness and similarity of addressed markets (which is closely related to the ‘core asset/capability leverage’ aspect by O’Reilly and Tushman above). Phased Separation Strategy.

Innovation 89

Innovation Strategy Strategy Disruption 89

Planview

AUGUST 16, 2024

Founded in 2004, Benify expanded quickly, building a professional services team of 120 people in 75 countries. As the operation grew, keeping track of projects became increasingly demanding.

Software Review 64

Software Review Data Project Collaboration 64

Acuvate

FEBRUARY 14, 2019

For example, founders of Google – Larry Page and Sergey Brin wrote in their 2004 IPO letter that “We encourage our employees, in addition to their regular projects, to spend 20% of their time working on what they think will most benefit Google”. Organization’s mission statement is a key strategic marketing and business development tool.

Engagement 90

Engagement Tools eBook Study 90

Mills-Scofield

APRIL 29, 2019

Blue Lobster at the South Bristol Coop , 2004. They think they’re innovative because they make something in green instead of just red, but they stick with their industries, markets, customers, and (usually dying) business models. What’s with blue lobsters? Well, a blue lobster is rare, about 1 in 2 million , and very beautiful.

Innovation 52

Innovation Culture Exercises Disruption 52

hackerearth

DECEMBER 8, 2017

Survey results of Design Management Institute’s 2014 analysis show that design-led companies such as Coca-Cola, Nike, Procter & Gamble, IBM, Whirlpool, and Apple have maintained a significant stock market advantage for the past 10 years and have outperformed the S&P 500 by 219%. Stages of Design Thinking. Source: Forbes.

Design Thinking 65

Design Thinking Design Innovation Artificial Inteligence 65

The BMI Lab Blog

JUNE 29, 2022

2005) that the ´failure to adequately define the market is a key factor associated with venture failure´, we identify the definition of the target customer as one central dimension in designing a new business model. Disruptive innovations are innovations that radically change existing structures and markets (Pisano, 2015).

Technical Review 52

Technical Review Radical Innovation Innovation Disruption 52

Rmukesh Gupta

OCTOBER 1, 2021

But by the ‘60s, EMI wanted out of the competitive computer market and wasn’t sure what to do with the brilliant, eccentric engineer. But there was a problem: EMI wasn’t involved in the medical market and had no desire to jump in. EMI, with no experience in the medical market, suddenly held a monopoly for a machine in high demand.

Underperforming Technical Team 59

Underperforming Technical Team Case Study Marketing Team Building 59

Innovation 360 Group

JUNE 10, 2019

Toys R Us had 14 percent of the toy market and $7 billion in revenues just before it was dissolved completely. Technology is changing so rapidly now that the assumptions you made about the market a few years ago probably no longer hold true. Kodak had one of its most profitable years in the months before it went bankrupt.

Technical Review 53

Technical Review Company Video Culture 53

Innovation Excellence

MAY 18, 2020

In 2004, I was leading a major news organization during the Orange Revolution in Ukraine. When the market tanked, however, all of the sudden its culture came to be seen as “cocksure” and “naive.”. So what they really examine is the current zeitgeist, which may or may not reflect current market reality.

Strategy 53

Strategy Strategy Case Study Survey 53

Leanstack

JUNE 9, 2015

When Mark Zuckerberg started Facebook in 2004, he wasn’t the first to build a social networking platform. Vision and strategy are foundational pieces in this pyramid, without which even a good product cannot withstand the weight of its market. Implementation Plan Describe your go-to-market plan.

Strategy 52

Strategy Strategy LEAN Analysis 52

Boxes and Arrows

AUGUST 17, 2010

During the product development process, there is often a disconnect between design, marketing and usability for this very reason. A good example of this is a stop sign, which uses a bright red to command attention within the busy visual environment of the street. Designing Pleasurable Products. London: Taylor & Francis. Pieter Desmet.

Design 101

Design Examples Video Engagement 101

Innovation 360 Group

MAY 29, 2016

In times when the market dynamics, technology development, and diffusion are faster than ever, it is a natural question. Another source on the theme, O’Reilly III and Tushman (2004) , talks about being able working ambidextrously with incremental and radical innovation at the same time. processes) and externally (e.g.

Radical Innovation 40

Radical Innovation Company Ideation Innovation 40

Innovation 360

MAY 29, 2016

In times when the market dynamics, technology development, and diffusion are faster than ever, it is a natural question. Another source on the theme, O’Reilly III and Tushman (2004) , talks about being able working ambidextrously with incremental and radical innovation at the same time. processes) and externally (e.g.

Radical Innovation 40

Radical Innovation Company Ideation Innovation 40

hackerearth

SEPTEMBER 15, 2017

This is the key takeaway from this book published by Harvard Business School Press in 2004. Frans Johansson, a Swedish-American entrepreneur, introduces the concept of “intersection of ideas,” which results in path-breaking innovations. Johansson has driven home the point with a lot of success stories to make the narrative quite interesting.

Innovation 12

Innovation LEAN Entrepreneurship Creativity 12

Innovation Walk

JUNE 14, 2019

in 2004 to 8.3% Today, Open Innovation is no longer a simple flow of ideas, people and knowledge, but a profound cultural, organizational and strategic transformation that companies need to establish to adjust to the latest market trends. However, more than 60% of replaced televisions were still functioning in 2012.

Open Innovation 40

Open Innovation Innovation Agile Trends 40

Acuvate

NOVEMBER 14, 2018

C-level executives might not recognize the precise pain points of specific markets when compared to mid-level managers. MarketsandMarkets Research predicts that the Innovation Management market is projected to grow from an estimated USD 421.6 With incorporating innovation management, decentralization is another added advantage.

Innovation Management 53

Innovation Management Examples Management Ideation 53

Open Innovation EU

JANUARY 9, 2019

They find that the above-mentioned may be true: “Maintaining an outside-in perspective starts by continuously scanning the market, both demand and supply.” Managing innovation: Integrating technological, market, and organizational change. I discussed this construct briefly in an article last September. ” 15.

Entrepreneurship 47

Entrepreneurship Design Strategy Strategy 47

Adam Hartung

MAY 15, 2016

By November, 2004 the stock has risen to $90. The traditional Sears market was niched up across big box retailers like Best Buy, clothiers like Kohls, tool stores like Home Depot, parts retailers like AutoZone, and soft goods stores like Bed, Bath & Beyond. Leaving Sears’ market “hollowed out.”

Trends 36

Trends Technical Review Innovation Leadership 36

Wazoku

DECEMBER 1, 2017

In 2004, researchers chose Jeopardy! Critics say IBM executives overshot badly by allowing marketing messages to suggest that Watson’s Jeopardy! If you are not aware of the history of IBM Watson, here is the quick backstory. In 1997 the IBM supercomputer, Deep Blue, famously defeated the then world chess champion, Garry Kasparov.

Artificial Inteligence 40

Artificial Inteligence Innovation System Technology 40

Boxes and Arrows

AUGUST 14, 2008

I had been an information architect working strictly on web projects from 2000-2004, either within an agency or as a consultant, respectively before and after the tech collapse. " In 2004, I was hired as an IA by Ziba Design, a product design company, not an obvious match. So I had many angles on "tech."

Conference 40

Conference Design Meeting Case Study 40

IdeaSpies

AUGUST 31, 2018

did a follow-on study that found 32 of the 50 companies described in these books to only matched or underperformed the market over their subsequent 15-to-20-year period. Jack Ma (2000), Jeff Bezos (2003), Mark Zuckerberg (2004), Reed Hastings (2007), Brian Chesky (2008), Travis Kalanick (2009), Anthony Tan (2012). Now, how about these?

Software Review 57

Software Review Technical Review Underperforming Technical Team Resources 57

IdeaSpies

FEBRUARY 22, 2019

did a follow-on study that found 32 of the 50 companies described in these books to only matched or underperformed the market over their subsequent 15-to-20-year period. Jack Ma (2000), Jeff Bezos (2003), Mark Zuckerberg (2004), Reed Hastings (2007), Brian Chesky (2008), Travis Kalanick (2009), Anthony Tan (2012). Now, how about these?

Software Review 57

Software Review Technical Review Innovation Underperforming Technical Team 57

IdeaSpies

FEBRUARY 21, 2019

did a follow-on study that found 32 of the 50 companies described in these books to only matched or underperformed the market over their subsequent 15-to-20-year period. Jack Ma (2000), Jeff Bezos (2003), Mark Zuckerberg (2004), Reed Hastings (2007), Brian Chesky (2008), Travis Kalanick (2009), Anthony Tan (2012). Now, how about these?

Software Review 57

Software Review Technical Review Innovation Underperforming Technical Team 57

Wazoku

JANUARY 9, 2020

2002 – The social network By this time, social media was rapidly growing with the launch of LinkedIn and MySpace in 2003, and Facebook in 2004. 2008 – Global financial crisis It began with a credit crunch at the end of 2007 and ended up becoming a global recession, with blame pointed at sub-prime lending in the housing market.

Training 52

Training Technical Review Innovation Technology 52

Leanstack

SEPTEMBER 30, 2014

Facebook then trades this derivative currency on a secondary market of advertisers (their customers) who pay to reach these users. Otherwise, I would have placed the total addressable segment (much larger mainstream market) on top, with college students as the early adopters. Attention isn’t the only kind of derivative currency.

How To 52

How To LEAN Big Data Examples 52

David Marks

MAY 19, 2017

Similarly to the natural world, weaker and ill-suited companies will prosper during good times, roaming the markets, making profits and gathering fat. If our traditional retailer made this analysis back in, say, 2004, when web retailing was still in its infancy, it should have recognized that it’s disruptibilty score, was, well, disrupted.

Company 40

Company Analysis Technical Review Roadmap 40