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Planning fallacy: Why we are so bad at predicting how long something will take

Idea to Value

But did you know that it is one of the best examples of a project going over time and budget? Large-scale and important projects often take longer to complete and more money than originally planned. Large-scale and important projects often take longer to complete and more money than originally planned.

Project 137
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“Island of Bryan” Couple Offers Their Top DIY Tips for New Homeowners

Business and Tech

We spoke with the couple about their experience fixing up a resort property — and attempting to open it during the COVID-19 pandemic — and got their best tips for homeowners looking to tackle their own DIY projects. In 2004, he took the step of founding his own construction company, and that decision became part of both our lives.

Tips 130
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65% of Venture Capital-backed deals fail to return investment, and only 4% make substantial returns

Idea to Value

The chart above shows the financial outcomes for 21,640 different financing deals between 2004 and 2013 (note that these were the total number of deals, not individual companies). However, new data from Correlation Ventures shows just how risky investing in new companies can be. And this scares a lot of managers.

Data 137
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My innovation journey (so far)

Jeffrey Phillips

I'm ready to dive back in, to write about innovation, to lead innovation projects and to build up an innovation competency in the firms where people want to get good work done. My friend, who founded OVO Innovation with me in 2004, was really passionate about the idea of reviving innovation in corporations.

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Reparations from France should go to Haitian entrepreneurs, not the government

Christensen Institute

By 2004, revenues had reached $614 million. Billions were spent on major infrastructure projects, schools, healthcare facilities and other development projects. By 2004, revenues had reached $614 million. In just six years, Celtel was able to build operations in 13 African countries and gained 5.2 million customers.

Marketing 105
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The Podcast Renaissance: How Podcasts Boost Creativity and Inspire Audiences

Idea to Value

The first podcasts and hosting service were introduced in early 2004, and it wasn’t until mid-2005 that Apple supported them on iTunes. One of the best ways to start your podcast is to examine what some of your favourite shows do, and what elements of structure you want to incorporate into your own project.

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Design Thinking Double Diamond Framework Training

InnovationTraining.org

Learn more about this classic Double Diamond design thinking framework and find resources, tips, and more to apply it to your own projects. Developed and popularized by the British Design Council, the double diamond framework has been around since 2004. You can also download the framework from the Design Council’s website here.