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

Idea to Value

For example, Scott Anthony (interviewed on the podcast here ), summarised his views in a 2012 HBR article about which companies might benefit from moving first: If you are what Professor Steven Spear calls a “high-velocity organization” that is always learning and improving, there are real benefits to moving first.

Strategy 257
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Agile Strategy – 16 Strategic Thinking Questions to Explore Disruptive Innovation

BrainZooming

Fanatics introduced disruptive innovation to its marketplace with an agile strategy. It also uses its agile strategy to market apparel for niche opportunities where it might sell as few as ten t-shirts. We thought the list was intriguing, so we secured the go ahead to share the strategic thinking questions with you here.

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How to create a scalable strategy in the midst of the COVID-19 crisis

mjvinnovation

We have already talked about how the world has quickly changed within the context of the COVID-19 pandemic and social isolation. Companies had to take extreme measures to adapt their processes and recalibrate their strategies. Scalable: a profession, activity, or strategy that does not require full dedication to achieve the result.

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The State of the Gig Economy

Rmukesh Gupta

We have all at some point in time talked about or heard about the growth of the gig economy and how this could potentially be the future of work. Their dataset was the following: For this study, we extend the JPMorgan Chase Institute Online Platform Economy dataset in order to track supply-side participation and earnings.

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How Telltales Told You Not to Own Wal-Mart, and Continue To Do So

Adam Hartung

In the case of Wal-Mart I pointed out that an absolute maniacal focus on retail stores and low-cost operations, in an effort to be the low price retailer, was being made obsolete by on-line retailers who had costs that are a fraction of Wal-Mart’s expensive real estate and armies of employees. At that time WMT was about $54/share.

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The Top 5 Technology Trends That Will Drive Innovation in 2018

hackerearth

Samsung Galaxy with touchscreen technology in 2012). are going to be replaced by robots sooner than we think. With an increased demand for robots, we will need “smart” employees who are adaptable, curious, and persevering, and thereby drive innovation. NASA 1960), market pull (e.g.

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When innovation led to a reversal of fortunes

hackerearth

Here’s a look at top companies who took customized innovation routes to pull themselves back from the brink of failure: APPLE. Huge layoffs and millions of dollars in losses drove the company to adopt a business strategy that focused on capabilities. Their producing tons of bricks inside-the-box strategy didn’t work.