Remove 2003 Remove Change Remove Competition Remove Leadership
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Five Unicorn Scaleup Strategies

Leapfrogging

based software companies started since 2003 and valued at over $1 billion by public or private market investors. Competition aside, both face opposing physical forces that must be overcome to win. Inertia is the resistance to any change in the current state of motion. Required is a “grease and glue” model of leadership.

Strategy 130
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Do Not Follow the Herd – Sell McDonald’s and Microsoft

Adam Hartung

Leadership touted a higher same store sales number, but that is completely misleading. McDonald’s leadership has undertaken a back to basics program. That’s why accounting changes are often called “financial machinations.” McDonald’s profits rose 23%. But revenues were down 5.3%.

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Innovation – Why Bezos Succeeded, While Lampert Failed at Sears

Adam Hartung

On May 1, 2003, KMart begins trading again. Heck, leadership had discontinued the famous catalogues in 1993 to stop store cannibalization and push people into locations where the company could promote more products and services. Newspapers are a dying business, and Bezos could not change that fact.

Trends 36
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Remembering

Technology Created

The light bulb turned out to be the “killer app” that ushered in the golden age of appliances that changed the homes of the world. “Schumpeterian Competition and Diseconomies of Scope; Illustrations from the Histories of Microsoft and IBM.” Cheltenham: Edward Elgar, 2003. What are the parallels for today?

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11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

As opposed to entrepreneurship, entrepreneurial thinking is not necessarily bound to entrepreneurs (to be); it is an essential skill for ‘strengthening human capital, employability and competitiveness’ (Bacigalupo et al., In the Schumpetarian view, opportunities arise from the internal willingness to change the industry. Shane, 2003).

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Open Innovation: Convincing the Decision Makers

eZassi

It almost seems counterintuitive that the same leaders who were responsible for launching and cultivating a successful business, would be resistant to change even in the face of evolving markets. This is understandable, especially since the term “open innovation” only became a part of the corporate lexicon around 2003.

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Principles of open innovation

hackerearth

Let’s take a closer look at the principles of open innovation according to Chesbrough (2003). Source: Chesbrough (2003). Business models change with mutualistic relationships, adapting and remodeling owing to valuable feedback ups the chances of success for the innovator. Smart people outside the company have much to offer.