Remove 2006 Remove Competition Remove Innovation Management Remove Radical Innovation
article thumbnail

How much is innovation costing your organization?

Innovation 360 Group

Ultimately, the market evolved to support a declining price based on competitive price pressures, and that is good for everyone. Much like our discussion above regarding competitors, companies who take advantage of the “network” of customers can sometimes harvest significant competitive advantage. Penker (2008-2011).

article thumbnail

PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

In 2006, the massive Tower fell, going from profitability to bankruptcy in a few years. They took on 110 million dollars US in debt in 1998 for their global expansion, just as streaming and peer-to-peer music sharing was finding their footing. Disruption is the new normal in the global, mobile, digital world.

article thumbnail

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. braving new markets such as China, continuing to be a model of sustaining innovation. Source: [link]. That’s our mentality. Fingers crossed!