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

Mills-Scofield

Blue Lobster at the South Bristol Coop , 2004. Because the key to innovation isn’t processes, stage gates, weird exercises, or competitions. Innovation may be a designated job residing in a small part of the organization instead of throughout the culture. What’s with blue lobsters? People who view the world differently.

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

Mills-Scofield

Blue Lobster at the South Bristol Coop , 2004. Because the key to innovation isn’t processes, stage gates, weird exercises, or competitions. Innovation may be a designated job residing in a small part of the organization instead of throughout the culture. What’s with blue lobsters? People who view the world differently.

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Think Your Company’s Pursuit of Innovation has Run its Course? Think Again…

Qmarkets

But it’s this mindset which must change in order for companies to maintain a competitive edge and fight disruption. This report from Sandroni & Squintani (2004) summarizes decades-worth of psychological research which confirms our innate predisposition towards overconfidence. Question the Unquestionable.

Course 53
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Think Your Company’s Pursuit of Innovation has Run its Course? Think Again…

Qmarkets

But it’s this mindset which must change in order for companies to maintain a competitive edge and fight disruption. This report from Sandroni & Squintani (2004) summarizes decades-worth of psychological research which confirms our innate predisposition towards overconfidence. Question the Unquestionable.

Course 40
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When innovation led to a reversal of fortunes

hackerearth

Apple has refashioned consumer experience with its iconic branding, stylish design and a diverse product range, its own retail stores, and important partnerships with the competition. The climb has been quite an uphill task for the iconic toy designer. Innovation is ingrained in its organizational culture. Source: [link].

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Business model creation and innovation in China: not just copycats.

The BMI Lab Blog

At the same time, in 2003-2004, Alibaba invested USD 52 million to enter the C2C market in China through its service, Taobao.com. A year later, in 2004, it occupied over 50% of the market, displacing eBay to the second position. In 2010 Taobao had close to 80% of the C2C market in China, entirely displacing eBay.

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Organizational Pathways to Business Model Innovation

Integrative Innovation

Can the venture sizeably leverage existing firm assets and capabilities to gain competitive advantage? A useful taxonomy for addressing this issue has resulted from research by Costas Markides and Costas Charitou (2004). Destroying the overall culture of the organization. short term) success?