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Seven Companies That Failed to Innovate and What Happened to Them

IdeaScale

Overview: Companies that fail to innovate can go out of business, yet there are even worse fates that can await them. These seven companies lost out on entering major new markets, got acquired by competitors, or accumulated billions on bad bets, all by failing to innovate or grasp the value of their innovations. The Concorde.

Company 130
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Are You Future-Proof? Preparing for Technological Disruptions

Phil McKinney

The internet also created entirely new industries, such as e-commerce and online advertising, while giving rise to an entire culture of digital content creators. One example of a company or industry that failed to adapt and suffered as a result is Blockbuster Video. The Impact of Not Preparing for Disruptions.

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Average company lifespan has shrunk to 10 years – Don’t be average!

Innovation 360 Group

Even you and even your company. Where would you place your company on that curve? Companies disappear all the time without a word, even profitable ones. It can happen due to reasons out of your control, like changing cultural values, changing technology, or shifts in customer demographics. Business Rescue: Part I.

Company 53
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The Geek who Changed the World

Destination Innovation

He also built a prototype called ‘Enquire’ In 1989 Berners Lee published a paper called ‘Information Management: A Proposal’ in which he suggested combining hypertext with the Internet, to create a system for sharing and distributing information not just within a company, but globally. He named it the World Wide Web.

Change 192
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On the Origin of Companies

David Marks

Companies who choose to act decisively, can adapt to shifting business environments at will. Similarly to the natural world, weaker and ill-suited companies will prosper during good times, roaming the markets, making profits and gathering fat. They differ in their culture, openness to change and new ideas. They innovate.

Company 40
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On the Origin of Companies

David Marks

Companies who choose to act decisively, can adapt to shifting business environments at will. Similarly to the natural world, weaker and ill-suited companies will prosper during good times, roaming the markets, making profits and gathering fat. They differ in their culture, openness to change and new ideas. They innovate.

Company 40
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What do Blue Lobsters Have to do With Innovation? Everything!

Mills-Scofield

Blue Lobster at the South Bristol Coop , 2004. I view the commitment to innovate, in the companies I’ve worked for and with, as a spectrum of lobsters - from cooked, to live, to rare blue ones. Innovation may be a designated job residing in a small part of the organization instead of throughout the culture. Blue Lobsters.