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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. Encourage collaboration and open discussions, where every voice is heard and every idea is given due consideration. Lastly, stay informed about new trends and advancements in your industry. Thirdly, adopt a risk-taking mindset.

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

The BMI Lab Blog

Let’s take a look at how the British cycling team went from zero Tour de France victories and ninety-five years without any Olympic medal by 2003 to sixty-six Olympic or Paralympic gold medals and five Tour de France victories between 2007 and 2017 (Clear, 2018). Harvard Business Review. MIT Sloan Management Review.

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How to Keep Innovating in an Economic Downturn

Innov8rs

Additionally, an Accenture study revealed how technology leaders, companies that invested heavily in technology during the COVID-19 crisis, have been growing at a faster rate than their competitors. They successfully emerged from the crisis in 2007 through a series of bold decisions from leaders who embraced innovative thinking.

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What you need to know about India Innovation Growth Programme 2.0

hackerearth

Initially set up by Lockheed Martin Corporation, Industry Chamber FICCI and the IC 2 Institute at the University of Texas, Austin in 2007, IIGP has continued to nurture brilliant ideas and concepts from innovators across the country in the ten years since. This year’s edition was launched in March 2018.

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A brief history of work, innovation and skills in the UK

Wazoku

Advances in mechanisation, mass production and, more recently, technology have shaped where and how we work, as well as what we produce. 1945 – Producing skilled workers to rebuild after the war At the end of the Second World War, courses were again adapted to the needs of post-war reconstruction to provide training for the building industry.

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PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

Companies disappear all the time without a word, due to changing cultural values, changing technology, or changing audience demographics. It’s really not as hard as you think to read the signs of a rapidly approaching upheaval in your industry. Taxis, Records, and Toys: A tale of three industries.

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The Role of Innovation in New Product Development: Three Approaches for Success

Qmarkets

If an idea gains 10,000 supporters (or votes) from other members, it is considered for production in a ‘Lego Review’. This occurs 3x a year and is held by the ‘Lego Review Board’ consisting of designers, product managers, and other key team members. He used this technology to create his first vacuum cleaner prototype.