Brands In Memoriam 2012


It’s ironic that an industry that flies you around in the sky at 500 mph and largely invented the modern loyalty program today can’t come up with more clever ways to achieve growth than eliminating its own competition—plus five extra inches of leg room, baggage checks, and those yummy inflight box lunches are now upsells.

2012 Innovation Resolution: Turning Ideas Into Money

Robert Brands

In order to implement sustainable Innovation in 2012, you need to define innovation in a manner that makes strategic sense for your organization, and have the know-how to properly construct and use a process, plus the will to keep the process on course. Make developing that strategy your 2012 New Year’s Resolution. A three stage plan may include: Stage 1 Product Definition where a product is examined for its brand strategy, profit potential, and competitive analysis.


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The Story's the Thing

Boxes and Arrows

The organization funneled research money from “investor” companies to the scientists and their students in the universities, and in return the companies received “pre-competitive” research and dibs on some of the brightest graduates. _This is an excerpt from “UX Storytellers”:[link] If you enjoy it, consider getting the kindle edition of UX Storytellers – Connecting the Dots with all the stories!_.

Innovation Balancing Act

Robert Brands

IP Protection – IP and Patent protection lock in your competitive advantage and support sales results and market share. On June 15th of this year, Nik Wallenda became the first person ever to walk across the roaring Niagra Falls on a 2-inch wire. After battling wind swells, and thick mist, Wallenda completed his walk crossing from the United States into Canada. He was greeted by a Canadian customs agent who asked, “What is the purpose of your trip sir?”

Our Real Work Begins


Much has been and will be written about the strategy and tactics utilized by each, but on Election Day the competition ended. It has been over a week now since our Presidential Election, a good time to reflect. A broad consensus would seem to exist that it is good the election is over — on this we can all agree, and hey, that’s a start. If the numbers tell the tale correctly, slightly more than half of us are pleased with the outcome and slightly less than half not so much.


Debate Takeaways Tallied Tactfully


For some reason, the debate struck me as the ultimate competitive sales call, where rather than entering a prospective client’s office before or after your potential competitor, you had to handle the sales call in tandem. I try hard in this blog to leave out my personal politics, which isn’t all that hard to do since I consider the topic of business innovation and its various threads to be about as nonpartisan a subject as there should be.

Lady Gaga takes innovation to avant-garde levels

Innovation 360 Group

By understanding what you are actually selling, you can find your unique abilities and become sustainably competitive. How offers become almost impossible to copy. WHAT ARE YOU SELLING? Sitting on the plane home from Monaco and have just, together with some Bearing colleagues , run our innovation management program at Monaco’s business school and the MBA program of Luxury Goods.

Listening to Your Employees through Surveys


It is the one that should identify the strengths and weaknesses of an individual to enhance their skills and abilities in order to be competitive enough and become an important and valuable asset for the company. People are the foundation of an organization and cannot run a business without employees. In every organization, employees are the most valuable assets that should be given much importance. Without them an organization will not run successfully.

Collaborative Contracts and Competitive Bidding: Not Mutually Exclusive!

BPI Thought Leadership Commentary

Can collaboration and competition co-exist to create the best contract bidding relationships? In 2012, University of Tennessee researchers began studying how organizations use competitive bidding methods. The short answer is yes. Their findings? Organizations have traditionally thought of procurement as a “make vs. buy” decision. This was especially true as organizations began to e

Keeping Up is a Fool’s Game

Daniel Burrus

Keeping up—with technology, with the competition, with anything in business or life—is what some would call a fool’s game. Asking these questions enables you to go beyond your competition and get off the treadmill of keeping up. In my latest book, The Anticipatory Organization: Turn Disruption and Change into Opportunity and Advantage , I reinforce the major competitive edge that comes from the ability to accurately anticipate the future.

We need to delay the Tokyo 2020 Olympics

Idea to Value

I worked for more than 2 years on the London 2012 Olympics directly with the athletes, and have seen first hand what the Games are like, in the stadium and in the athletes village. Dear International Olympic Committee – IOC.

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Disrupting Markets – Why PayPal Is Worth More Than Ebay

Adam Hartung

eBay has run into stiff competition, as CraigsList has grown to take over the “garage sale” and small local business ecommerce. Because once in a growth stall the company has already missed the market shift, and competition is taking customers quickly in new directions. But it is clear that Paypal is growing its revenue at 60% or greater since 2012, and at over 100%/quarter the last 2 quarters. eBay was once a game changer.

Go to Market Strategy – 10 Sections Your Strategy Plan Should Include


Positioning addresses where you want to place your product in the marketplace relative to competitive offerings. Related posts 20 Innovative Strategic Planning Questions to Prepare for Next Year 15 Innovative Strategic Planning Questions to Get Ready for Next Year 10 Marketing Challenges on Branding, Customers & Content Marketing in 2012 16 Articles on Defining Brand Strategy and Business Branding Topics 15 Innovative Strategic Planning Questions for Better Business Results.

The 5 Ways Chairman Lampert Destroyed Sears’ Value

Adam Hartung

While store employees and low- to mid-level managers could see competition – both traditional and on-line – eating away at Sears customers and core sales, they were helpless to do anything about it. Whatever chance Sears and Kmart had to grow the chain against intense competition it was lost by the Chairman’s need to micro-manage. In May, 2012 I wrote that Mr. Lampert was the 2nd worst CEO in America and should fire himself.

71 Innovation Methodologies

Open Innovation EU

Focus stage: Seed Published: 2012 more…. Design Competitions. Focus stage: Early-stage Published: 2012 more…. Focus stage: Maturity Published: 2012 more…. Focus stage: Maturity Published: 2012 more…. Focus stage: Seed Published: 2012 more…. Focus stage: Growth Published: 2012 more…. Focus stage: Growth Published: 2012 more….

How China’s Shenzhen became the world capital of hardware innovation

Idea to Value

By 2012, this had grown to about 66% of the population. But as other areas of the world improved their manufacturing capabilities and China became less competitive, the entrepreneurs and companies in Shenzhen realised they could not keep benefitting by just being a manufacturer of other people’s products and being forced further down the value chain. When people talk about innovative cities, most people think of Silicon Valley near San Francisco, Berlin, London or Singapore.

What is a creative “Flow State”? And how can I achieve it?

Idea to Value

Friendly competition can help give you something to measure yourself against.”. A 2012 research paper by Ullén et al., What makes it possible for high performance athletes, aritists, scientists and innovators to effortlessly produce great, creative work?

Amazon: No Need to Disclose (yet)

Michael Roberto

They see one of the world's most ambitious companies and a stock price that has quadrupled since 2012, and happily toss aside their Amazon spreadsheets filled with question marks. For now, though, Amazon gains a key competitive advantage through its limited disclosure policy. Amazon competitive advantage disclosure strategyShira Ovide has a terrific article for Bloomberg BusinessWeek titled, "Amazon Takes Secrecy to a Comic Extreme."

Some examples of co-creation that bring brand and consumer together


In 2014, the restaurant chain launched a major co-creative competition among its followers to reinvent its iconic hamburgers. Threadless was born as an artistic creation competition and has become a profitable business. In 2012, Heineken asked this same question to designers in different places all over the planet. The result was presented at Milan’s Design Week in 2012, with a live recreation of the space.

“Lean Startup, or Business Model Design, or Design Thinking?” is the Wrong Question


And companies that continuously outlearn their competition win. March 9, 2012 - Running Lean Meta-Process - Lean Canvas Continuous Innovation Framework 2.0?—?June In order to achieve breakthrough innovation, you shouldn’t be limiting yourself to any one of these frameworks, but rather using all three…and possibly more. The bigger context You don’t get a gold star for following process, but achieving results?—?specifically, specifically, business model results.

A $2.4 Billion Lesson All Innovators Should Heed

Stephen Shapiro

billion in investment, the Revel Casino opened its doors to the Atlantic City Boardwalk on April 2, 2012. Combine their design decisions with a tanked New Jersey economy, increased competition from Pennsylvania casinos, and bad investment decisions (such as building their own power plant), and you have a recipe for disaster. The Revel Casino opened April 2012. Being different is not the same as being differentiated… After years of development and $2.4

Innovate or Die: Open Innovation and 4 Key Measures to Stay Alive

Innovation Walk

Traditional companies have also started to deal with a new competition since the entry of fast-emerging businesses referred to as “startups“. In fact, the velocity of obsolescence , referred to the rate of speed at which a product or service and/or the competitive advantage of it will lose its value, has dramatically increased. in 2012. However, more than 60% of replaced televisions were still functioning in 2012. This is a fascinating time to be alive.

Listen to Employees When Evaluating Leadership

Adam Hartung

Office Max appeared on the list (#5) in 2012, and was acquired by Office Depot 8 months later. And, of course, Radio Shack made the list in 2012 (#3,) 2013 (#5) and 2014 (#11) only to file bankruptcy in 2015. And in 2012 Game Stop (#10) employees could see how the advancing Netflix and Hulu threatened the “core business” and started to light up the complaint section. In 2012 the stock rose from $54 to $66, yet appeared #2 on the list.

Transforming Indian Railway Stations via Open Innovation


To make it happen the Indian Railway Stations Development Corporation Limited (IRSDC) has launched the Station Rejuvenation through joint Action competition inviting architects, engineers, urban planners, citizens, and other interested parties to submit their plans and ideas. The IRSDC was created in 2012 with the express purpose of transforming the country’s railway stations. Tagline and Logo Competition.

Latest Conference Research on Innovation Ecosystems

Open Innovation

Instead we held an online conference , modeled on the earlier 2012 conference for the Open Innovation special issue of Research Policy. On June 18-19, we were scheduled to hold an ecosystem conference in Copenhagen, at the end of the annual DRUID conference.

VC to CV


An article a year or two back from Global Corporate Funding stated that between 2010 and 2012, 182 CV units were formed bringing the total number globally to 936. For example in 2012 Intel alone made 150 investments worth $353m. For example we ran a competition for Orange back in 2012 and this led to an ever-deepening partnership that has flowered in the form of Orange Fun Finder. Who’d be a venture capitalist in 2015?

“Lean Startup, or Business Model Design, or Design Thinking?” is the Wrong Question


And companies that continuously outlearn their competition win. March 9, 2012 - Running Lean Meta-Process - Lean Canvas Continuous Innovation Framework 2.0?—?June In order to achieve breakthrough innovation, you shouldn’t be limiting yourself to any one of these frameworks, but rather using all three…and possibly more. The bigger context You don’t get a gold star for following process, but achieving results?—?specifically, specifically, business model results.

7 Things Every CEO Should Know About Their Patents


And secondly, looking to baseball, the quintessential analytics dream sport, with a century of meticulous and massive data to use to drive competitive advantage – and it wasn’t until the late 90’s and early 2000’s that the standard metrics and value interpretation were challenged, giving teams that were more innovative and savvy in analytics an important statistical advantage. End of 2012 $7,473. Motorola Balance Sheet, intangible assets (in millions): End of 2012 $109.

The State of the Gig Economy

Rmukesh Gupta

million distinct Chase checking accounts, out of a de-identified sample of 39 million, between October 2012 and March 2018. With more people participating, the average income for each of the participants has been declining due to increased competition and reduced demand. We have all at some point in time talked about or heard about the growth of the gig economy and how this could potentially be the future of work.

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Workplace Conflict: Statistics That Reveal Its Cost


But notice that healthy, positive conflict can include: Competition that motivates people to work harder toward goals. In addition to those workplace conflict statistics, a 2012 study conducted at Columbia University found that the average turnover rate of 48.4%

Microsoft buys LinkedIn – Smart move or Dumb move?

Destination Innovation

In 2013 their then CEO Steve Ballmer spent $7B acquiring Nokia’s mobile phone business when it was clear that Apple and Android were killing all other competition in the sector. In 2012 the value of the business was written down to zero. Microsoft’s core PC business of office applications and Windows operating systems is in decline so it needs new sources of revenue. It is splashing out $26B to buy social media business LinkedIn.

11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

And for that reason it has become an integral criteria in many prescriptive regulations for (higher) education and in increasing numbers also explicitly and implicitly part of curricula (Saavedra & Opfer, 2012). As opposed to entrepreneurship, entrepreneurial thinking is not necessarily bound to entrepreneurs (to be); it is an essential skill for ‘strengthening human capital, employability and competitiveness’ (Bacigalupo et al., 2012). 2012). 2012).

Innovation Strategy – Pat McGauley and a New Beer in Town


The innovation team spent 15% of its time on core brand renovation to enhance competitiveness. One chart depicted (I think) growth factors in the beer market from 2012 to 2014. In 2012, competitor innovation accounted for just 5% of growth in the beer market; Anheuser-Busch was the overwhelming leader in innovation-driven growth. What’s the story on the innovation strategy for beer? The Kansas City American Marketing Association monthly lunch addressed that question.

ISS Software GmbH and Wazoku partner to revolutionise the German insurance industry


This partnership takes digital transformation to a new level, making it a collaborative effort of an ecosystem with one common interest – to upgrade the industry, to stay competitive and to meet current demand faster and better. The company was founded in 2012 and is growing by 80% year on year, having reached over 1,000,000 users globally.

Elon Musk – Serial Entrepreneur and founder of Tesla Motors and SpaceX

Destination Innovation

In 2012 SpaceX made history when it became the first commercial company to send a rocket into space carrying a payload to the ISS. He has funded development of the idea and in 2015 he announced a competition for designs for a Hyperloop pod prototype. Elon Musk was born in South Africa in 1971. He got his first computer at the age of 8 and started to program.

Adapt or die: lessons from 5 companies that failed to innovate

Idea Drop

They filed for bankruptcy in 2012. Price, branding, competitor offering and even convenience are all equally important, and you need to tick every box to stay competitive. It feels like the world is moving faster than ever, which means that companies in every sector have to prioritise agile innovation or risk becoming defunct.

Retaining the innovative spark

Jeffrey Phillips

Competition is accelerating, of course, and so is innovation. Revenue peaked in 2012 and in 2016 there are articles written that suggest that Apple will shutter iTunes in the not too distant future because of Pandora and Spotify. Phil McKinney wrote a nice post yesterday about the failures of Kodak and Nokia.

The Innovators’ DNA in a Design Infused Company


Whether a company has ten or hundred thousand employees, it has access to an untapped resource of unique, diverse and broad perspectives and insights that employees of these companies don’t share effectively.

Customer Co-Creation: A Deeper Path to Empathic Understanding

Legacy Innovation Group

A classic example of the workshop approach was Heineken's 2012 Heineken Open Design Exploration Edition 1: The Club, which engaged designers from all over the world with a panel of 100 veteran clubbers to conceive a progressive pop-up club in Milan intended to be representative of the next generation of clubs. Customer Co-Creation: A Deeper Path to Empathic Understanding. Oct 03, 2016 | Anthony Mills. Each year businesses spend an aggregate of $40B on market research.

Why Corporations Need “Coopetition” with Startups


By leveraging startups’ technology knowledge and progress, large companies can adapt faster to the market change and remain competitive longer. Competition between individual entities then slowly shifts towards competition between networks. It’s a resource—a competitive friend—that can actually create value for the larger, older corporation. We all remember that line from The Godfather: “Keep your friends close, but your enemies closer.”

Agile Strategy – 16 Strategic Thinking Questions to Explore Disruptive Innovation


How can you develop a super-agile process that disrupts other industry players’ competitive advantages? The folks at Armada Corporate Intelligence profiled a Bloomberg Businessweek story on Fanatics , the sports apparel manufacturer and marketer, in its Inside the Executive Suite. Fanatics introduced disruptive innovation to its marketplace with an agile strategy.

CFP: 3D Printing Conference in Paris, June 1

Open Innovation

Likewise, the editor of Wired forecasted that the “desktop manufacturing revolution [would] change the world as much as the personal computer did” (Anderson, 2012). Additive manufacturing creates new rules of competition including “economies of one” (Petrick and Simpson, 2013) and accelerating mass customisation (Jiang et al.,

Innovation System Thinking on a Sunday! What, no roast or glass of wine? Later.

Paul Hobcraft

Teece’s concept of dynamic capabilities is a theory about the source of corporate agility: the capacity (1) to sense and shape opportunities and threats, (2) to seize opportunities by mobilizing your resources to capture new value from those opportunities, and (3) to maintain competitiveness through enhancing, combining, protecting, and, when necessary, re-configuring the business enterprise’s intangible and tangible assets, by transforming them for continuous renewal.

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