Destination Innovation
NOVEMBER 7, 2023
Iraq War 2003: The U.S. Theranos Scandal 2018: Investors and healthcare institutions assumed that Theranos, a biotech startup, founded in 2003 by 19-year-old Elizabeth Holmes had groundbreaking technology for blood testing, but it turned out to be a fraud. Thousands of investors lost billions of dollars in the Bernie Madoff scandal.
Christensen Institute
JUNE 30, 2022
Medicare implemented their pharmaceutical coverage program back in 2003. Generic drugs made up 88% of the medications covered by Medicare Part D in 2020; some plans only cover generic drugs. Researchers from Harvard Medical School found that Medicare could have saved upwards of $3.6 A Quick Overview of Medicare Part D.
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The BMI Lab Blog
JUNE 29, 2022
These processes and activities, along with the involved resources (Hedman and Kalling 2003) and capabilities (Morris et al. Accordingly, fundamental new competencies are not necessarily required for a disruption - but changes in the business model and a break with existing industry logic are required (Pisano, 2015; Gassmann, 2020).
The BMI Lab Blog
JULY 28, 2022
Let’s take a look at how the British cycling team went from zero Tour de France victories and ninety-five years without any Olympic medal by 2003 to sixty-six Olympic or Paralympic gold medals and five Tour de France victories between 2007 and 2017 (Clear, 2018). MIT Sloan Management Review. link] Cliffe, S. Harvard Business Review.
Wazoku
JANUARY 9, 2020
2002 – The social network By this time, social media was rapidly growing with the launch of LinkedIn and MySpace in 2003, and Facebook in 2004. It established targets to boost apprenticeships to 500,000 a year by 2020, to address low skills in the UK. 2020 – THE FUTURE OF WORK ? The digital revolution.
Innovation Excellence
JUNE 15, 2020
There was the SARS pandemic in 2003, the Swine Flu outbreak in 2009, MERS in 2012 and, of course, Ebola in 2014. Even in January 2020, when it was clear that the danger from the virus was growing, it was calling for cuts to those same agencies. Yet as we’ve seen, in 2008 and 2020, eventually we pay the price, one way or another.
The BMI Lab Blog
DECEMBER 6, 2017
Right now, as part of the current five years plan (ending in 2020), China is focusing on: Aviation and aerospace. The goal is very clear: the share of the global GDP for all those industries should increase to 15% in 2020. In 2003 BYD created an automotive subsidiary, specializing in building electric cars. Agriculture.
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