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Make Digital Disruption Your Biggest Competitive Advantage

Daniel Burrus

By digitally disrupting ourselves instead of passively, reactively waiting for it to happen, we can make disruption our biggest competitive advantage — leading the way for personal, business and industrial innovation instead of trying to keep up with the pack in some middling effort to survive.

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Will big data solve the innovation gap?

Jeffrey Phillips

The gap is real, and it means that many companies aren't as profitable or as competitive as they'd like to be. 2001 promised a journey by an intelligent AI and astronauts to Jupiter. We could call this the "innovation gap". Fifty years ago we were promised individual jet packs and residence on the moon by the year 2000.

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2024: A Corporate Innovation Odyssey

PlanBox Innovation

In the annals of technological evolution, we find ourselves at a juncture akin to the iconic 2001: A Space Odyssey. We must adapt our metrics to measure value generation, customer satisfaction, and long-term competitiveness accurately. This article originally appeared on Innovation Leader.

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DON’T LISTEN TO YOUR CUSTOMERS!

Innovation 360 Group

1 spot in digital camera sales as recently as 2001. Kodak’s competition was not just other camera and printer companies, but entirely new innovations like social media. They actually held the No. The real lesson is that Kodak lost their way because they lost sight of what people were buying.

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Retaining the innovative spark

Jeffrey Phillips

Competition is accelerating, of course, and so is innovation. iTunes was released in 2001. This conjecture is backed by evidence - a recent data point indicates that the lifespan of S&P 500 companies is rapidly shrinking. In 1920 the average life expectancy of a firm on the S&P 500 was 67 years. Today it is 15 years.

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Microsoft buys LinkedIn – Smart move or Dumb move?

Destination Innovation

The most notorious example was the purchase of Time Warner by AOL in 2001 for a massive $164B. In 2013 their then CEO Steve Ballmer spent $7B acquiring Nokia’s mobile phone business when it was clear that Apple and Android were killing all other competition in the sector. The two companies demerged in 2009.

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The Orange Socks Story I’ve Never Written Before

BrainZooming

Over time, another guy in the department and I got into an informal competition for who could have more orange stuff. Fast forward to last summer 2001: Chuck Salter of Fast Company was preparing an article on the turnaround at Yellow. Before we got them in our new company store, I found them at the Gap and started accumulating them.

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