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Ten Modern Examples of Bad Assumptions

Destination Innovation

Year 2000 Computer Bug: There were dire predictions and anticipation of widespread computer failures at the turn of the millennium due to the Y2K bug led to massive expenditures and preparations, but the actual impact was minimal. In 2004 Blockbuster employed 84,000 people worldwide and operated 9,000 stores. Iraq War 2003: The U.S.

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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

The number of companies, which have established dedicated business model innovation units and processes is even lower. It can be defined as a holistic view of a company's bundle of products and services that are of value to the customer (Osterwalder 2004). The object of innovation 2.

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Typology for Innovative Organizations

Open Innovation EU

New generations, societal change, sustainable goals and disruptive technology require organizations to be much more flexible, self-reinventing organisms that don’t fit above-mentioned design principles. A Typology for Innovative Organizations. The model describes organizational typologies based on cultures of innovation.

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Great to Good Innovation

IdeaSpies

I’m going to talk about how, in the 21st Century, we need ‘Goodness’ more than ‘Greatness’ when it comes to innovation. If I asked you to name some innovations of the 20th Century, which ones would you think of? Obviously, all names listed are ‘innovators’ of their time. The innovations in the 21st Century are different.

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Great to Good Innovation

IdeaSpies

If I asked you to name some innovations of the 20th Century, which ones would you think of? So, I typed ‘Innovations of the 20th Century’ , and the results I got are 1) Nuclear Power 2) Personal Computer 3) Airplane 4) Automobile 5) Antibiotics 6) Television, etc. Obviously, all names listed are ‘innovators’ of their time.

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

The BMI Lab Blog

In a previous post, we described the Chinese innovation ecosystem: a rapidly growing environment, where the role of the Chinese government is crucial to enable the needed conditions for companies to thrive and innovate. What are Chinese innovators trying to solve? How do Chinese innovators work?

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

Innovation 360 Group

It can happen due to reasons out of your control, like changing cultural values, changing technology, or shifts in customer demographics. Technology is changing so rapidly now that the assumptions you made about the market a few years ago probably no longer hold true. People simply move on and leave the past behind.

Company 53