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The answer is: 10 years to change a culture

Jeffrey Phillips

Typically, we are talking about moving a culture from its current set of values that has sustained the business, to a culture that helps the company compete in a new reality that may be different or more competitive or operate in a slightly adjacent market. That's what has led to such a stellar flying record in the US.

Culture 211
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These companies failed because leaders did not want to hear bad news: The Ostrich Effect

Idea to Value

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. The fear that froze the company came from two places. In essence, ignore problems instead of acknowledging them.

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The great miscalculation–and exit–of multinationals in Africa… again

Christensen Institute

In 2015, many multinational companies exited Africa. Nestle cut staff across 21 countries and Barclays, Coca-Cola, Cadbury, Eveready, and SABMiller retreated from different African markets they once believed had promise. The allure of Africa, particularly the widely referenced Africa rising narrative, was fading. So, when a U.S.

Report 145
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Does the Stock Market Inhibit Innovation?

Destination Innovation

Are private companies more innovative than public companies? found that when companies went public the quality of internal innovation declined and firms experienced both an exodus of skilled inventors and a decline in the productivity of remaining inventors. What happens to an innovative start-up which goes public?

Marketing 100
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Fleury’s idea market recognised for game-based approach to innovation

Exago

Exago’s client Fleury, the largest group of clinical analysis services in Latin America, reached the top five shortlist for large companies in the International IMP³rove Award 2015. The post Fleury’s idea market recognised for game-based approach to innovation appeared first on www.exago.com.

Marketing 100
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If you want someone to make a decision, give them fewer choices

Idea to Value

While one meta-analysis of choice overload in 2010 found only limited evidence for choice overload, and a lot of positive aspects of additional choices, a more recent and larger 2015 meta-analysis did indeed find strong evidence for choice overload leading to fewer options resulting in more being chosen.

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Innovators in FMCG love Direct to Consumer

Destination Innovation

In 2010 the Gillette brand which is owned by Proctor and Gamble held 70% of the US market for razors. Its market share has now slid to around 50%. It has suffered at the hands of two aggressive start-up companies which went direct to consumer (DTC). Like many DTC brands their marketing has been driven by social media activity.