Remove Comparison Remove Marketing Remove Technical Review
article thumbnail

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

Idea to Value

What makes more sense: To be the first player in a brand new market, able to be the first (or only) company which customers buy from? To wait until other companies have proven there is a market for a new offering, and then quickly develop and scale your own? This can require significant marketing and sales effort to change.

Strategy 266
article thumbnail

Building an Agile & Innovative Organization

Idea to Value

There are great many companies and leaders that obsess about their market share, competitors, or technological prowess. If your technology doesn’t create value for customers, they won’t buy it. If you don’t have customers, your market share is zero. Need a contract reviewed by your legal team?

Agile 312
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Apple Can Learn From Tires

Matthew May

I’m not sure why so many companies delight in listing the technical specs of their products, as if they relate to anything remotely useful to human beings trying to make a decision in the real world. I have absolutely no base of comparison, nothing to relate the numbers to. Take, for example, Apple.

article thumbnail

Blockchain: Distributed Shared Ledger Technology in Banking

hackerearth

Over 90% of the world’s leading banks are either exploring, experimenting (PoCs), or formulating a strategy for leveraging blockchain technology, says an Accenture survey. But when it comes to intra-organizational processes, challenges arise due to process design and lack of mutual trust. Areas of impact. Sample use cases.

article thumbnail

Uncovering Innovation in China’s Liquid Bandage Market with Big Data

Yet2

Introduction: Recently, a Global Consumer Healthcare company approached yet2 with the goal of gaining a comprehensive understanding of the liquid bandage market in China. yet2 identified initial candidates and further segmented them by 3 must-have criteria: market share, certifications, and ingredients.

article thumbnail

Creating the Industrial Ecosystem

Paul Hobcraft

The day before the main event I was included in the Industry Analysts visit to the Siemens Technology Center, at Neuperlach in Munich. We were provided a variety of insights in different presentations and demonstrations, of the technology they are working upon. Time to market suffers for one.

Industry 187
article thumbnail

The cost of innovation

Jeffrey Phillips

The companies that do make the bet, and that do focus on innovation, often show the benefits in terms of higher profits, greater market share and higher stock prices. We don't have to look far in the corporate scrap heap to find firms that were leaders (Nokia, Kodak) but became obsolete due to a failure to notice changes in the market.