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Seven Companies That Failed to Innovate and What Happened to Them

IdeaScale

Overview: Companies that fail to innovate can go out of business, yet there are even worse fates that can await them. These seven companies lost out on entering major new markets, got acquired by competitors, or accumulated billions on bad bets, all by failing to innovate or grasp the value of their innovations. The Concorde.

Company 130
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The Creativity Crisis: It’s Getting Worse

Idea to Value

High-stakes testing has shaped the main Asian cultural values: 1) filial piety (e.g., Testing companies and test-preparation companies have reaped enormous financial benefits and lobby Congres heavily for more testing. In “ The Creativity Crisis (2011) ” I reported that American creativity declined from the 1990s to 2008.

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Groupthink is a Leader's Worst Enemy

Phil McKinney

Leaders must also ensure that they have an open culture that encourages critical thinking and discourages conformity. Examples of Avoiding Groupthink During the Great Recession in 2008, an analysis conducted by EY on nearly 300 publicly listed technology companies revealed an interesting trend.

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You Don’t Have an Innovation Problem, You Have a Trust Problem! (Part 2)

Innovation Excellence

Through my 2008-10 doctoral research, I found that the biggest problem that non-innovative companies have is lack of trust.

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CPG Industry Innovation

eZassi

How do the major companies’ research and development teams build and manage a portfolio of innovative products while ensuring long-term market success and consistent brand loyalty? Half the company’s ideas must come from the outside. Utilize Open Innovation for R&D. The ‘Connect and Develop’ model embraced by Alan G.

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Innovate your way through tough times

Values Centered Innovation

Research from the 2008 Great Recession has been clear: companies that continued, even accelerated, their initiatives for innovation across multiple dimensions of business emerged with as much as 2x the stock market growth compared with average companies. Now is not the time for business to sit on the innovation sidelines.

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The Personality of a Business: More Than Just a Brand Image

Tullio Siragusa

The Green Warrior Example: Patagonia Some companies wear their commitment to the environment on their sleeves. Case Study: Airbnb’s Personality Shift and Rebranding Background: Founded in 2008, Airbnb started as a platform that allowed homeowners to rent out their spaces to travelers. Their brand personality?