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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
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We need to delay the Tokyo 2020 Olympics

Idea to Value

We need to delay the Tokyo 2020 Olympics, for the following reasons: Japan’s elderly population. 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.

Video 191
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Retaining the innovative spark

Jeffrey Phillips

I did some consulting work (systems, not innovation) years ago as Kodak was beginning its long slide toward obsolescence, and it was evident to everyone there that film was king. Competition is accelerating, of course, and so is innovation. Profits become more important than growth or innovation. Today it is 15 years.

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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. Unfortunately, the typical person who visits Atlantic City isn’t looking for an East Coast version of Las Vegas. Let’s face it, the Boardwalk attracts families with children who want to eat cotton candy and hot dogs.

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Employee engagement and innovation

hackerearth

There’s a common belief in every industry that innovation is limited to the realm of research and development or technological advances. Companies often go to any lengths to develop their R&D department to foster innovation to stay successful in their industry. Employee engagement and innovation go hand in hand.

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The Innovators’ DNA in a Design Infused Company

Be-novative

Any company with a customer service has employees who make hundreds of observations each and every day, and generate new learnings, either consciously or sub-consciously. Truly innovative companies don’t just design for customer experience. And that’s what we want don’t we? As a Psychologist?—?I

Design 52
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Innovation is a Company Wide Responsibility

ImagineNation

For most people who have a middle-class background, the lifestyle of a person who cannot seem to hold down a job, maintain stable housing or provide adequately for their children seems chaotic, confusing and frustratingly self-perpetuating. Some authors in the innovation space claim that innovation requires a special kind of person.

Company 52