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Seven Companies That Failed to Innovate and What Happened to Them

IdeaScale

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. Its photography and writing exposed many people around the world to a variety of different cultures. National Geographic.

Company 130
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What do Blue Lobsters Have to do With Innovation? Everything!

Mills-Scofield

Blue Lobster at the South Bristol Coop , 2004. To me, a blue lobster is a person who views and organizes the world differently, who rejects the status quo, who loves to try stuff, learn, fail and try again, who is interesting because they are interested and who has impact. What’s with blue lobsters? You can’t stop them. Not anymore.

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

Mills-Scofield

Blue Lobster at the South Bristol Coop , 2004. To me, a blue lobster is a person who views and organizes the world differently, who rejects the status quo, who loves to try stuff, learn, fail and try again, who is interesting because they are interested and who has impact. What’s with blue lobsters? You can’t stop them. Not anymore.

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Why Business Strategy Shouldn’t Be “Scientific”

Innovation Excellence

Yet even today, nearly a half century later, many executives and business strategists have failed to learn that simple lesson by attempting to inject “science” into strategy. In 2004, I was leading a major news organization during the Orange Revolution in Ukraine. Why Business Case Studies Are Flawed.

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

Innovation 360 Group

Toys R Us had 14 percent of the toy market and $7 billion in revenues just before it was dissolved completely. It can happen due to reasons out of your control, like changing cultural values, changing technology, or shifts in customer demographics. Kodak had one of its most profitable years in the months before it went bankrupt.

Company 53
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Organizing for Simultaneous Innovation Capability – key findings from +1,000 companies, republished from Drucker Forum 2016

Innovation 360 Group

In times when the market dynamics, technology development, and diffusion are faster than ever, it is a natural question. So let´s dig into some key findings and see what we can learn. . In H2, the strategy is not to understand and respond to the market, but instead to understand needs and use technology in new ways.

Company 40
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Organizing for Simultaneous Innovation Capability – key findings from +1,000 companies, republished from Drucker Forum 2016

Innovation 360

In times when the market dynamics, technology development, and diffusion are faster than ever, it is a natural question. So let´s dig into some key findings and see what we can learn. . In H2, the strategy is not to understand and respond to the market, but instead to understand needs and use technology in new ways.

Company 40