Thu.Jun 27, 2024

article thumbnail

Why Adjacent Innovation is Your Key to Managing Risk and Accelerating Growth

IdeaScale

It’s not easy leading innovation. Especially these days. You need to do more with less. Take risks while guaranteeing results. Keep up with competition through incremental innovation and redefine the industry with radical and disruptive innovation. It’s maddening. Until you find the Goldilocks Zone of adjacent innovation.

article thumbnail

Why Are Companies That Lose Money Still So Successful?

Harvard Business Review

In a well-functioning capital market, profits should be the sole criterion for firm survival; that is, firms reporting losses should disappear. Of late, however, loss-making firms are highly sought after by investors — often more than some profitable firms. Unicorns, or startups with valuations exceeding a billion dollars, are examples of such loss-making firms.

Company 116
Insiders

Sign Up for our Newsletter

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

article thumbnail

How To Create The IKEA Effect

Innovation Excellence

A Customer Experience That Will Be Appreciated GUEST POST from Shep Hyken When reaching out for customer service and support, most customers still prefer to communicate with a company or brand via the traditional phone call. That said, more and more customers are attracted to and embracing a do-it-yourself customer service experience, known as self-service.

How To 92
article thumbnail

How Smaller Companies Can Join the Circular Economy

Harvard Business Review

Even smaller and medium-size enterprises can become more sustainable by finding other companies that need their waste. Pursuing those opportunities — and becoming part of the circular economy — entails four steps: take stock of your materials flow, seek collaboration opportunities, leverage digital marketplaces, and treat going circular as a major change program.

Company 100
article thumbnail

How to Easily Navigate Crypto Accounting in the Web3 Era

Speaker: Aaron Jacob, VP of Accounting Solutions & Reagan Cook, GTM Lead

Are you struggling to navigate the complexities and challenges that come with crypto accounting? 🤔 This new webinar will cover everything businesses need to know to get started with crypto accounting after incorporating crypto into their business models! Industry experts Aaron Jacob and Reagan Cook of TaxBit will thoroughly explore the prevalent operational hurdles encountered by accounting teams when interacting with crypto on the books, and detail how software solutions can effectively

article thumbnail

Building a Business Case for Idea Management – FAQs – Video

Qmarkets

Watch this recording to learn how to stay focused in an everchanging world with the right organizational approach to innovation management. Julian Eberling from innovation management consultancy Lead Innovation will show you how to develop an effective scouting strategy and create the necessary processes and structures, before Qmarkets’ Carol Wright demonstrates how our Q-scout software can be seamlessly integrated to solve the most pressing pain points in practice.

article thumbnail

AI Success Depends on Tackling “Process Debt”

Harvard Business Review

Typically, organizations in the midst of transformation efforts spend significant time and resources trying to correct massive amounts of “technical debt” — the price of years of short-term decisions and prioritizations that result in an overly complex technological infrastructure. But equally challenging is managing organizations’ often undiscussed “process debt” — the build-up of often antiquated, functionally isolated, and customer-disconnected ways of doing work.