Remove 2012 Remove Change Remove Competition
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First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

This can require significant marketing and sales effort to change. And competition has its advantages. It takes a while for new ideas to spread through a society, and the majority of people don’t perceive any value in the new offering at the beginning. Customers are happy with their current solution.

Strategy 273
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What is a creative “Flow State”? And how can I achieve it?

Idea to Value

Friendly competition can help give you something to measure yourself against.”. A 2012 research paper by Ullén et al., Was the shot good? The color on the canvas right? Additional scientific research on getting into flow states. Distraction is a major issue preventing people from doing their best creative work.

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Should Southwest Airlines Change?

Michael Roberto

Source: TripAdvisor The Wall Street Journal published an interesting article this week titled "Meet the Southwest Superfans Who Don’t Want the Airline to Change." Some of these huge fans of the airline don't want to see these changes. They studied 26 European airlines from 2004-2012. All of that makes a great deal of sense.

Change 50
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Southwest Pursues a Me-Too Strategy

Michael Roberto

This latest change comes after other major changes including the move away from open seating, announced in July, as well as the decision to sell tickets on platforms such as Expedia. Southwest has made these changes after pressure from an activist investor, Elliott Investment Management. Purity does appear to pay."

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Pivotal Innovation Management: The Past, Present, and Future of 180° Business Changes

Qmarkets

Tapping into companies’ collective reservoir of relevant experiences, here’s a brief historical and current panorama of just how business leaders have strived to keep up with the changing times and landscapes – some successfully and some not – and how success can be achieved and failure minimized in our own extremely faced-paced era.

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Keeping Up is a Fool’s Game

Daniel Burrus

Keeping up—with technology, with the competition, with anything in business or life—is what some would call a fool’s game. Asking these questions enables you to go beyond your competition and get off the treadmill of keeping up. Ask yourself: Is your industry faced with cyclical changes, such as seasonal, economic, or sales cycles?

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Retaining the innovative spark

Jeffrey Phillips

Competition is accelerating, of course, and so is innovation. They are willing to do almost anything in order to succeed, and often change direction as their experimentation and new products succeed or fail. Complacency took precedence over innovation and change. Today it is 15 years. iTunes was released in 2001.