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My innovation journey (so far)

Jeffrey Phillips

My friend, who founded OVO Innovation with me in 2004, was really passionate about the idea of reviving innovation in corporations. We felt that to remain competitive, larger companies needed to recapture the sense of wonder and adventure that working in the "front end" of innovation would create. I have to admit, I was skeptical at first.

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When innovation led to a reversal of fortunes

hackerearth

In 2004, CEO Knudstrop embarked on a back-to-the-basics journey, and went from a loss of $292 million that year to a profit of $117 million in 2005. That is the lesson learned at Lego — just in time,” says David Robertson, Professor of Practice teaching Innovation and Product Development at Wharton.