Remove 2012 Remove Competition Remove Innovation Remove LEAN
article thumbnail

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

Idea to Value

The companies which launched later but were able to quickly innovate, based on what they saw working in the new market, were the “Fast Followers” However, it was not long before research began to suggest that this First Mover advantage was not always real. And competition has its advantages.

Strategy 257
article thumbnail

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

Leanstack

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. So at LEANSTACK, we decided to curate these superpowers into a new framework of frameworks: The Continuous Innovation Framework. Why “Continuous” Innovation?

LEAN 76
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Leanstack

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. So at LEANSTACK, we decided to curate these superpowers into a new framework of frameworks: The Continuous Innovation Framework. Why “Continuous” Innovation?

LEAN 40
article thumbnail

71 Innovation Methodologies

Open Innovation EU

A while ago I sat down with Machiel Wetselaar & David van Dinther to create a list of innovation methodologies for a course we’re developing. Up to now we’ve gathered 71 different methodologies for implementing innovation in your organization. Innovation Cycle (Avans). The Lean Startup (Ries).

article thumbnail

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

Paul Hobcraft

Mine is usually a mix of exploring and researching around innovation in the morning, a couple of hours at the gym, a walk to finish off and then a mixture of enjoying a nice home-cooked meal and a relaxing evening. We, in general, all seem to remain constantly disappointed at the end results of our innovation efforts.

System 147
article thumbnail

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

Qmarkets

With so much disruptive innovation happening so fast, it has become less and less rare for companies to be formed around a service or product that defines them for their lifetime. Rising competition from Apple and Google caught Nokia out of position and led to near-bankruptcy in 2012. The future of innovation is now.

article thumbnail

Innovation is a Company Wide Responsibility

ImagineNation

It takes a lot of empathy, patience and healthy detachment to provide for the immediate needs of the people on the margins of society and to help them find permanent solutions to their many problems – innovation a company-wide responsibility. Some authors in the innovation space claim that innovation requires a special kind of person.

Company 52