Remove 2012 Remove Competition Remove LEAN Remove Technical Review
article thumbnail

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

Idea to Value

This idea quickly became popular in technology companies and areas like Silicon Valley where it was used as evidence of a need to launch first (even if you didn’t have a working product), spend big on marketing and get customers at any cost. And competition has its advantages. It is a classic example of survivorship bias.

Strategy 257
article thumbnail

Pivotal Innovation Management: The Past, Present, and Future of 180° Business Changes

Qmarkets

As increased consumer awareness transforms markets and government policy, and as technology creates so many unexpected shortcuts, I believe that this trend will only continue in the future. Rising competition from Apple and Google caught Nokia out of position and led to near-bankruptcy in 2012.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Innovation System Thinking on a Sunday! What, no roast or glass of wine? Later.

Paul Hobcraft

The practice of lean thinking, design thinking, visual thinking have increasingly started to dominate our “innovation thinking.” We get unwanted results due to a specific set of behaviors. Then we have system imbalance to contend with in innovation. Now apply these to why innovation often fails, they constrain what we do.

System 147
article thumbnail

50 what-if questions to reimagine the future

Board of Innovation

50 what-if questions to reimagine the future We have handpicked a selection of trends & shifts in technology to help you come up with more relevant business ideas. The manufacturing industry is becoming increasingly capable of creating small batches (or even single units) of personalized products at very competitive prices.

article thumbnail

50 what-if questions to reimagine the future

Board of Innovation

50 what-if questions to reimagine the future We have handpicked a selection of trends & shifts in technology to help you come up with more relevant business ideas. The manufacturing industry is becoming increasingly capable of creating small batches (or even single units) of personalized products at very competitive prices.