Disrupting Markets – Why PayPal Is Worth More Than Ebay

Adam Hartung

in 2002 , in order to grease the wheels for faster ecommerce growth. eBay has run into stiff competition, as CraigsList has grown to take over the “garage sale” and small local business ecommerce. Because once in a growth stall the company has already missed the market shift, and competition is taking customers quickly in new directions. eBay was once a game changer. When the internet was very young, and few businesses provided ecommerce, eBay was a pioneer.

Digital transformation examples

Board of Innovation

Dow Corning launched Xiameter in 2002 to comprise an online-managed, low-cost, no-frills sales channel for its commodity silicones, offering competitive pricing to customers willing to buy in bulk, without research or technical support. Digital transformation examples.

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How Apple created two giants

Matthew Griffin

Many bystanders are more likely to view these two giants emergence onto the global stage as business evolution rather revolution and while Samsung declared their competitive intentions in 2008 Foxconn has only recently reached the starting line of its long journey. To understand Samsung’s rise to dominance we have to go back to the turn of the new millennium when Apple released their first generation iPod in 2001, quickly followed by the iTunes store in 2002.

Third Place and the Starbucks empire: the user experience at the heart of strategy

mjvinnovation

Oldenburg saw these spaces shrink in the United States during the post-war decades, as residential areas – suburbs – became devoid of public meeting places, and lives became more competitive and private. ‘Third Place’ existed long before Starbucks.

ISS Software GmbH and Wazoku partner to revolutionise the German insurance industry

Wazoku

This partnership takes digital transformation to a new level, making it a collaborative effort of an ecosystem with one common interest – to upgrade the industry, to stay competitive and to meet current demand faster and better. Set up by Sopra Steria AG in 2002, ISS Software GmbH provides its customers with more than technical excellence, expertise and cost reduction.

Elon Musk – Serial Entrepreneur and founder of Tesla Motors and SpaceX

Destination Innovation

It became PayPal and he held 11% of the stock when it was sold to eBay in 2002 for $1.5B. He has funded development of the idea and in 2015 he announced a competition for designs for a Hyperloop pod prototype. Elon Musk was born in South Africa in 1971. He got his first computer at the age of 8 and started to program. At 17 he went to University in Canada and subsequently settled in the USA where he founded a company, Zip2, which provided online travel guides.

Moneyball for Innovation Part 1: A New Set of Metrics for Measuring Real Innovation

The Vault

The bestselling book by Michael Lewis, as well as the movie of the same name, written by Aaron Sorkin, tells the compelling tale of how the Oakland A’s baseball team adopted/developed the Moneyball concept in 2002, and thereafter enjoyed a decade of success way out of proportion to the relatively small budget they had for players. What’s more, I believe that the first companies to actually measure innovation effectively are going to have a massive competitive advantage in their industries.

What do you need to innovate?

David Marks

Technology leadership forges a competitive advantage. When Amazon Web Services (AWS) was introduced back in 2002, Amazon was a fledgling web retailer mainly known for selling books cheaply. Why are some companies more innovative than others? Scan the literature and you are bound to collect a conflicting array of answers. They are better led. No, they are culturally open. No, they have more efficient processes. They are particularly attuned to customer concerns. Wrong!

What do you need to innovate?

David Marks

Technology leadership forges a competitive advantage. When Amazon Web Services (AWS) was introduced back in 2002, Amazon was a fledgling web retailer mainly known for selling books cheaply. Why are some companies more innovative than others? Scan the literature and you are bound to collect a conflicting array of answers. They are better led. No, they are culturally open. No, they have more efficient processes. They are particularly attuned to customer concerns. Wrong!

A brief history of work, innovation and skills in the UK

Wazoku

1880s and 1890s – Efforts to raise productivity A growing concern about the standard of Britain’s labour force, particularly when compared with Germany and the other industrial nations, led to a rise in an emphasis on training to increase productivity and competitiveness.

Patent Quality and Utility Essential to Patent Owners

Anaqua

Business alignment will lead to not only more focused patenting strategies, but also more effective plans for pruning, licensing, and competitive actions. Filed back in 2002, 124 Grants are still active in this very large family relating to video encoding technology. By Matt Troyer, Director of Patent Analytics at Anaqua.

2018 Patent Analysis: Patent Quality and Utility Essential to Patent Owners

Anaqua

Business alignment will lead to not only more focused patenting strategies, but also more effective plans for pruning, licensing, and competitive actions. Filed back in 2002, 124 Grants are still active in this very large family relating to video encoding technology. By Matt Troyer, Director of Patent Analytics at Anaqua.

4 Companies Leading the Way in Customer Experience

Planview

The expectations of millennials (born between 1982 and 2002) differ from previous generations. As competition continues to increase it is imperative that brands in turn continue to improve and enhance their customer experience. Editor’s note: the following article is a guest post by Shay Namdarian, GM of Customer Strategy at Collective Campus. It is no coincidence that the most innovative brands in the world are also leading the way in customer experience.

Study 43

Standardization as an open innovation activity

Open Innovation

In the end, Symbian OS was unable to cope with competition from iOS and Android; the company was bought and its technology eventually killed by Nokia. An important but understudied form of open innovation is the network form (network as defined by Powell 1990). As we noted back in West et al (2006), OI needs more research on this area: at that point, OI had emphasized studying dyadic (bilateral) cooperation between firms, and a decade later that’s still true.

Do Not Follow the Herd – Sell McDonald’s and Microsoft

Adam Hartung

Office 365 revenues were up, but they are cannibalizing traditional Office revenues – and not fast enough to replace customers being lost to competitive products like Google OfficeSuite, etc. Azure is in a growth market, but it faces very stiff competition from market leader Amazon. Microsoft is now valued where it was in December, 2002 (which is half its all-time high.).

4 Companies Leading the Way in Customer Experience

Planview

The expectations of millennials (born between 1982 and 2002) differ from previous generations. As competition continues to increase it is imperative that brands in turn continue to improve and enhance their customer experience. Editor’s note: the following article is a guest post by Shay Namdarian, GM of Customer Strategy at Collective Campus. It is no coincidence that the most innovative brands in the world are also leading the way in customer experience.

Study 40

IA Summit 09 - Plenary

Boxes and Arrows

Boxes and Arrows captured many of the main conference sessions (“see schedule&# :[link] The Summit sessions will be published in the next two weeks. | “Preview&# :[link] | “Keynote&# :[link] | Day 1 | Day 2 | Day 3 | Closing Plenary | The IA Summit Closing Plenary Jesse James Garrett is a noted figure in the IA community, not only for his ground breaking book Elements of User Experience, but for the essay that galvanized the community in 2002, “IA Recon&# :[link].

Innovation – Why Bezos Succeeded, While Lampert Failed at Sears

Adam Hartung

Quick Rundown: In January, 2002 Kmart is headed for bankruptcy. He should have sold outdated brands under intense competitive pressure, such as Kenmore, to a segment supplier like Best Buy. Last week Sears announced sales and earnings. And once again, the news was all bad. The stock closed at a record, all time low. One chart pretty much sums up the story, as investors are now realizing bankruptcy is the most likely outcome. Chart Source: Yahoo Finance 5/13/16.

Corporate Vision: How To Translate Strategy Into Meaningful Execution

The Future Shapers

The corporate vision approach that I describe in this article has been developed since 2002. Otherwise, a strategy is nothing more than a marketing slogan that will not withstand competition.” Setting The Scene. I can remember it like yesterday. It was the most important day of my life. I of course did not know this then….

How to Use Gamification in Mobile App Onboarding

Boxes and Arrows

Mobile app onboarding is a useful place for a touch of competition or goal-setting. The word ‘ gamification ‘ first appeared in 2002 and was popularized in 2010. Game design is inherently a balancing act, after all: A well-designed game inspires its users to spend time and energy playing, but if that same game turns simple transactions into competition, users will become disillusioned. Playing games is a human impulse.

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. When the Fast Company article appeared in January 2002, someone came to my office to ask if I’d seen it. Yesterday marked a momentous day professionally, that seemed big on the day it happened, but not as life-changing as it has become. On October 22, 1997, I wore orange socks for the first time. Current Orange Socks.