Remove 2011 Remove Internet of things Remove Radical Innovation
article thumbnail

Why Today’s Corporate Research Centers Need to Be in Cities

Harvard Business Review

Today, few firms monopolize the technologies on which they rely, and they can no longer absorb the total costs of radical innovation alone. Consider the iPad, first released in March 2010; at the 2011 Consumer Electronics Show, close to a dozen tablets were on display. No ideas are local, and increasingly few are secret.

article thumbnail

Why So Many High-Profile Digital Transformations Fail

Harvard Business Review

In 2011, GE embarked upon an ambitious attempt to digitally transform its product and service offerings. In e-commerce, what started 20 years ago as a radical innovation — and then radical destroyer of market value — is now standard practice in every industry. Yagi Studios/Getty Images.