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What is Lean Innovation? Components and Examples

Moves the Needle

The agile manifesto, which was introduced in 2001, prioritizes short product development “sprints” in order to incorporate new information which might come from a variety of places such as new technology, customer input, insights, or development issues.

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What Formula Made Steve Jobs as an Innovation Leader So Successful?

IdeaScale

Steve Jobs as a leader offers a simple set of lessons on innovation: You need to accept failure as part of the process; have a tight focus with clear and simple goals; ensure leadership takes ownership of the entire process, to think ahead of the current industry; and have high standards. And until 2001, that was it.

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How to Boost Innovation by Recycling Existing Ideas

IdeaScale

Take the iPod for example. First launched in October 2001, Apple ‘s portable music device has revolutionised how we all listen to and download music. As Bill Fischer highlights in his ‘Innovating The iPod’ article; “The goals articulated by the leadership were surprisingly simple, broad yet precise.

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Nine Short Innovation Lessons from Lego

Destination Innovation

Jorgen Vig Knudstorp joined in 2001 and was promoted to CEO three years later at the age of 36. Five Sustainable Innovation Practices that saved Lego – Leadership Network. There are many books and studies describing the company’s approach. They appointed a new CEO. Lego Star Wars on Wikipedia.

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So What Exactly Should Kodak Have Done?

Destination Innovation

Business commentators and writers commonly quote Kodak as an example of a company that was destroyed by disruptive innovation. Kodak entered the digital camera market late but by 2001 they were number 2 in the USA behind Sony. Between 1982 and 2001 Kodak spent more than $20 billion on R&D averaging about 6% of revenues.

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Mastering the balance: Value networks and the drive for change in K-12 education

Christensen Institute

From “A Nation at Risk” in 1983 to the No Child Left Behind Act in 2001 to the Obama administration’s Race to the Top competitions to the revision of the Every Student Succeeds Act in 2015, there’s been a fluctuating yet ever-present pressure to improve student achievement. The culprit isn’t always bad leadership or poor accountability.

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COVID-19: Business R&D Spending Will Fall by at Least 5-6%

Commodore Innovation

For example: Early 2000s recession: R&D spending fell by 0.9% in 2001 and a further 5.6% Given the current context, these stories could include examples of how your innovation team is supporting your organization’s immediate response to the COVID-19 crisis. Again, innovation metrics can help.

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