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

Idea to Value

For example, Scott Anthony (interviewed on the podcast here ), summarised his views in a 2012 HBR article about which companies might benefit from moving first: If you are what Professor Steven Spear calls a “high-velocity organization” that is always learning and improving, there are real benefits to moving first.

Strategy 273
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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

One of industry standard answers comes from research by Deloitte Partners Bansi Nagji and Geoff Tuff, in their groundbreaking 2012 article in Harvard Business Review: Managing your innovation portfolio. It will be different for your company compared to your competition, and compared to other industries or companies with other strategies.

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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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Microsoft buys LinkedIn – Smart move or Dumb move?

Destination Innovation

In 2013 their then CEO Steve Ballmer spent $7B acquiring Nokia’s mobile phone business when it was clear that Apple and Android were killing all other competition in the sector. In 2012 the value of the business was written down to zero. This disaster followed Ballmer’s purchase of aQuantive for $6B in 2007.

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71 Innovation Methodologies

Open Innovation EU

Focus stage: Seed Published: 2012 more…. Design Competitions. Focus stage: Early-stage Published: 2012 more…. Focus stage: Maturity Published: 2012 more…. Focus stage: Maturity Published: 2012 more…. Focus stage: Seed Published: 2012 more…. Focus stage: Growth Published: 2012 more…. Deep Dive (Ideo).

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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. There’s just one problem. Think about it: When you’re merely keeping up, what’s the advantage?

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Go to Market Strategy – 10 Sections Your Strategy Plan Should Include

BrainZooming

Our buddies at Armada Corporate Intelligence addressed what sections you should include in your go to market strategy plan in their “Inside the Executive Suite” feature. They highlighted ten different sections to include your strategy plan. 10 Sections Your Go to Market Strategy Plan Should Include via Armada Corporate Intelligence.