article thumbnail

Is Innovation a Competitive Advantage?

Carla Johnson

Once one of the most popular smartphones in the world, Blackberry’s stock dropped by 94% between 2007 and 2016. A lack of realizing that innovation should be a competitive advantage. Amid their roaring success in the business world, Blackberry didn’t fight to keep its competitive. appeared first on Carla Johnson.

article thumbnail

Fly, Crash, Adapt

Destination Innovation

Paul MacCready (1925 – 2007) was an aeronautical engineer and inventor of the first human-powered aircraft. This motivated him to enter the Kremer competition which offered a reward for the first human-powered flight. He died in 2007 from a melanoma. Paul MacCready. MacCready was born in Connecticut to family of doctors.

Design 324
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cracking the complexity code

Paul Hobcraft

There was a good article within the McKinsey Quarterly published way back in 2007 entitled “Cracking the complexity code,” written by three authors Suzanne Heywood, Jessica Spungin, and David Turnbull. This is the area of strategic impact as these can limit competitive advantaged from the level of innovation intensity chosen as an example.

System 227
article thumbnail

Continuous Improvement and Breakthrough Innovation: Why You Need Both

IdeaScale

The iPhone was considered a true innovation back in 2007, opening up an entirely new approach to telecommunications and changing how people used phones forever. Continuous improvement increases efficiency and/or productivity, and these incremental improvements can confer a strong competitive advantage, particularly over longer time periods.

article thumbnail

The Importance of Prioritizing Employee Well-Being and Psychological Safety

Business and Tech

Well-being isn’t just a perk, it’s a competitive advantage. My turning point came in 2007, when I collapsed from exhaustion and broke my cheekbone. Turning culture into a competitive advantage is a pretty complicated topic. What was the turning point that made you realize your workplace burnout was beyond the point of comfort?

Culture 246
article thumbnail

Eleven Reasons for the UK’s Poor Productivity

Destination Innovation

According to the Office for National Statistics (ONS) UK productivity has fallen to levels it held in 2007. This is the key reason why wages, growth and competitive performance are all held back. Why is this and what can be done about it?

article thumbnail

Business Model Innovation Basics Series - Part 2: Why Business Model Innovation Matters

The BMI Lab Blog

Learnings from sports competitions Competition in business is similar to sports competitions – there are winners and losers. It also explains why prominent firms, which have been known for their innovative products for years, suddenly lose their competitive advantage?