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Technology Life Cycle Template

Leapfrogging

It enables organizations to assess when to scale, improve, or replace existing technologies, ensuring they allocate resources efficiently and maintain a competitive edge. Businesses should: Monitor market signals indicating reduced demand or competition from emerging technologies.

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Why Less is More: Product Strategy

Innovation Excellence

Anxiety floods the boardroom, the conference rooms, every decision. Costs are rising. Returns are flat. Margins are thinning. Now, private label competitors are beating us in every area: technology, price, placement, design and sales. Worse, they have turned the category that we invented into a commoditized war zone and keep us in a rigid box.

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You need a why and a how, not a what, for innovation

Jeffrey Phillips

For innovation to thrive, having the "why" - a clear strategy that indicates what innovation should do, how it impacts the business, a way of thinking about the future competitive conditions and putting in place the factors to succeed - is vital. Also, ensure you communicate it effectively and people understand what the strategy means.

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The 21 Best Business Strategy Blogs

CMOE

From innovation during COVID-19 to integrative innovation management, flevyblog highlights current events and provides actionable takeaways on remaining competitive amid those shifts. Business leaders who are looking to safeguard their bottom line and competitive advantage can find helpful takeaways from the blog.

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Unleash Innovation: Mastering New Product Development Strategies

Leapfrogging

This section unpacks the significance of innovation and provides an overview of various strategies to streamline the NPD process. Importance of Innovation in Today’s Business Landscape Innovation is not just a buzzword; it’s the fuel that drives businesses forward in a competitive and ever-changing marketplace.

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4 Challenges Facing Embedded Services Organizations & How to Solve Them

Planview

As a result, ESOs must find ways to succeed in an ecosystem where they serve rather than drive corporate strategy. To overcome this challenge, ESOs should ensure that their services offerings and packaging support the company and its product strategy. Adopting a PSA solution is not a one-time transaction.

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Unleash Your Visual Superpower!

Boxes and Arrows

Whether the customer is an individual consumer or an internal partner, your success depends on communicating what a product is and why someone should care. Embracing marketing is a powerful way designers can lead product strategy. This has the potential to focus the product and save hundreds of hours of development.