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Get Real About Your Company’s Future

The Inovo Group

We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. When Apple introduced the iPhone in 2007, Research in Motion (RIM) was a major player in a worldwide market that sold about one billion cell phones annually (the term “smartphone” was new).

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When Creative Destruction is the Right (or Wrong) Foundation for Innovation

New Markets Advisors

The term “creative destruction” was coined by famed economist Joseph Schumpeter in the 1940s. But rather than lamenting the loss of the old, we should be celebrating. And it’s the knowledge of when to focus on addition and when to focus on replacement that gives companies a competitive edge and a roadmap for growth.