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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.

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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. Yet even that breakthrough innovation was built upon decades of smaller innovations in telecommunications, internet technology, and computing technology.

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How to Spot Your Innovation Blind Spot

Phil McKinney

Be curious and invest in learning about new industries, trends, and technologies. By recognizing their blind spots and investing in innovations that others overlooked, Apple gained a significant competitive advantage. However, with technological advancements and innovation, autonomous vehicles have now become a reality.

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Innovative Businesses Prioritize Creativity

Daniel Burrus

Some have been through the Great Depression, world wars, the Great Recession of 2007–09, and now, most recently, the coronavirus pandemic and subsequent economic downturn. The Test of Time. Older organizations, especially those as old as Citibank, have been through a lot. And why might a company lack innovation?

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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?

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The New Game Or Is It? Asset Orchestration

Paul Hobcraft

In this research they (Sirmon et al) suggest there are three primary stages of structuring, bundling and leveraging resources for the purpose of creating new value for customers and gaining competitive advantages, however temporary in today’s world. Again I think Alibaba is doing a really good job of that. They are deliberate orchestrators.

Resources 157
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How to Keep Innovating in an Economic Downturn

Innov8rs

Competitive Advantage In all circumstances, leaders will and should have strategic priorities on top of their minds. Usually, you need innovation for that, which means that you either adapt to current challenges or lag behind the competition. In times of crisis, consumers cut on spendings deemed unnecessary like technology.

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