Remove Airlines Remove Competition Remove Creativity
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Virgin just invested in new supersonic jets which travel faster than Concorde

Idea to Value

hours, yet would be cheap enough to run that they would be economically competitive with normal airlines taking more than twice as long. Boom has also reportedly signed a $2 billion (£1.4bn) deal with an unnamed London airline to help it develop its own planes. “This isn’t science fiction, we are actually doing this.

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When Creative Destruction is the Right (or Wrong) Foundation for Innovation

New Markets Advisors

The term “creative destruction” was coined by famed economist Joseph Schumpeter in the 1940s. And it’s the knowledge of when to focus on addition and when to focus on replacement that gives companies a competitive edge and a roadmap for growth. industry, company dynamics, competitive advantages, and so on?—?there

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The Importance of Casting a Wide Net While Innovating

Qmarkets

Read on to discover innovation best practices from Robert's experience working at a range of renowned companies, including Citibank, Delta Airlines, and most recently Southwest Airlines. It is through this diverse source of participation that ideas take shape in creative ways.

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Open Innovation Challenge to Improve Air Travel: Winners Announced

IdeaConnection

Several airline passengers have a little more money in the bank thanks to an open innovation competition in Germany. Participants could submit their ideas in English or German to the competition’s website. Participants could submit their ideas in English or German to the competition’s website. Overall Winner.

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PESTLED360: Iron Out Key Driving Forces in Your Current Environment and Anticipate Future Ones

Innovation 360 Group

This calls for interaction, creativity, and the articulation of many different opinions. This could for instance be future competitors or collaborators and the force could be competition from new entrants. So, step one : Major players will not be able to compete on short haul, but the new airline can’t handle all the demand on its own.

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Gamification and Open Innovation

eZassi

Gamification is the process of transforming tasks or processes into a competitive process to engage users, solve problems, increase productivity, and drive innovation. Examples include: Airline Frequent Flyer Programs. Gamification is an excellent tool to achieve this goal. Gamification Systems. Real-time Fuel Usage Tracker Apps.

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Brands In Memoriam 2012

CorporateIntel

Frequent readers of this blog know that I am obsessed with the concept of creative destruction , the intangible but daunting market force where an invention that is vital takes out that which has become defunct, and the nascent replaces the established. No meaningful differentiation to be found, and small parking lots, too.