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First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

This idea quickly became popular in technology companies and areas like Silicon Valley where it was used as evidence of a need to launch first (even if you didn’t have a working product), spend big on marketing and get customers at any cost. This can require significant marketing and sales effort to change.

Strategy 257
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Pivotal Innovation Management: The Past, Present, and Future of 180° Business Changes

Qmarkets

As increased consumer awareness transforms markets and government policy, and as technology creates so many unexpected shortcuts, I believe that this trend will only continue in the future. Thriving on change in today’s world. Rising competition from Apple and Google caught Nokia out of position and led to near-bankruptcy in 2012.

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Creative Construction – Book review

The Inovo Group

The author presents a clear three-part framework consisting of Innovation Strategy, System and Culture that a large company needs to use to be an innovative organization. This book presents a refutation of this belief. To do so, the author presents the following framework for creating and sustaining a capacity for innovation.

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Clicking Fast and Slow

Boxes and Arrows

Work with ecommerce ratings and reviews have noted the “bandwagon” effect, where any item with a large number of reviews tends to be preferred, often when there is little knowledge of where the positive reviews come from. Screen grab showing an Amazon review. Social and informational biases.

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The enemy is already within. The flood gates are open. Can GE recover?

Paul Hobcraft

It is then through managing your future development, mostly through research and development, that when combined with a sound acquisition strategy, that you believe will then augment your present internal growth and look to sustain the business. Well not anymore, GE recently in its 3 rd quarter review revealed its chronic cash position.

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Great to Good Innovation

IdeaSpies

Jack Ma (2000), Jeff Bezos (2003), Mark Zuckerberg (2004), Reed Hastings (2007), Brian Chesky (2008), Travis Kalanick (2009), Anthony Tan (2012). The answer, to me, is how the meaning of innovation has changed. Books such as Consumptionomics (2011) by Chandran Nair and Abundance: The Future Is Better Than You Think (2012) by Peter H.

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Great to Good Innovation

IdeaSpies

Jack Ma (2000), Jeff Bezos (2003), Mark Zuckerberg (2004), Reed Hastings (2007), Brian Chesky (2008), Travis Kalanick (2009), Anthony Tan (2012). The answer, to me, is how the meaning of innovation has changed. Unicorns, Decacorns and Hectocorns are the theme of the present era. They were also inventors, but of the 21st Century.