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These companies failed because leaders did not want to hear bad news: The Ostrich Effect

Idea to Value

Have you ever worked for a manager or boss who did not want to hear bad news? This can be especially dangerous when the problem they are avoiding is that they are being disrupted , other companies are out-innovating them, an important project is off-target or performance KPIs are falling behind. Volkswagen.

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You need a red team, not a red pill

Jeffrey Phillips

You don't need a pill, you need a team. Red Team / Blue Team The idea of a red team (attacker or hacker) versus the blue team (defender or good guy) has become a staple of cybersecurity, but it has an older history than that. What should happen next, and rarely does, is the creation of a disinterested red team.

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Ambidextrous organisations: Where innovation should sit in an organisation

Idea to Value

As Steve Blank puts it in his foreword to O’Reilly and Tushman’s latest book on the subject: Lead and Disrupt: How to Solve the Innovator’s Dilemma: Exploitation pays your salary while exploration pays your pension. Option 2: Innovation teams within each company brand / product unit. Companies that survive do both.

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15 most important Innovation Theories your company should be using

Idea to Value

An excellent example, outlined in the video below, is Adobe’s Kickbox program, which gives anyone who has an idea and wants to try it out a box with advice on how to approach the experiment and a pre-paid credit card with $1,000 to be used however the person wants. Suggested viewing: 12 – Disruptive Innovation.

Company 251
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Revolutionize Your Innovation: Embrace the Power of Lean Startup Methodology

Leapfrogging

With technology advancing at an unprecedented pace, consumer behaviors shifting, and new market entrants disrupting traditional industries, your ability to innovate determines your potential for growth and sustainability. Developing new products and services involves navigating a landscape filled with risks and uncertainties.

LEAN 100
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Future-Proof Your Business: Building Strategies for a Disruptive World

Leapfrogging

Navigating a Disruptive Business Environment In today’s fast-paced and technology-driven landscape, businesses are frequently faced with disruptions that can significantly impact their operations and long-term viability. Recognizing the early signs of these disruptions is key to responding effectively.

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How University Collaborations Can Drive Private Sector Innovation

Idea to Value

Take a corporate-led accelerator, for example. The typical goals of this sort of collaboration are better solutions and disrupting economic development — ultimately, it’s an early pipeline of new technologies. The collaborative process can also teach a seasoned team a lot about resiliency, agility, and dynamic thinking.