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

Idea to Value

What makes more sense: To be the first player in a brand new market, able to be the first (or only) company which customers buy from? To wait until other companies have proven there is a market for a new offering, and then quickly develop and scale your own? This can require significant marketing and sales effort to change.

Strategy 257
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“Lean Startup, or Business Model Design, or Design Thinking?” is the Wrong Question

Leanstack

And companies that continuously outlearn their competition win. A brief history of the Continuous Innovation Framework The early scaffolding for the Continuous Innovation Framework was described in my first book: Running Lean. March 9, 2012 - Running Lean Meta-Process - Lean Canvas Continuous Innovation Framework 2.0?

LEAN 76
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“Lean Startup, or Business Model Design, or Design Thinking?” is the Wrong Question

Leanstack

And companies that continuously outlearn their competition win. A brief history of the Continuous Innovation Framework The early scaffolding for the Continuous Innovation Framework was described in my first book: Running Lean. March 9, 2012 - Running Lean Meta-Process - Lean Canvas Continuous Innovation Framework 2.0?

LEAN 40
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Customer Co-Creation: A Deeper Path to Empathic Understanding

Legacy Innovation Group

Each year businesses spend an aggregate of $40B on market research. A classic example of open crowdsourcing has been Cisco's iPrize competition, aimed at finding the next billion-dollar business ideas – a venue that has led to such winning ideas as a sensor-enabled smart-electricity grid and others. Oct 03, 2016 | Anthony Mills.

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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. had a chance to gauge the American consumer’s interest in high-end gems before they entered the market. Because Tiffany & Co.

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Why Corporations Need “Coopetition” with Startups

KindlingApp

Startup swami Eric Ries’ essential book The Lean Startup defines a startup as “a human institution designed to deliver a new product or service under conditions of extreme uncertainty”, which implies an essential element of innovation. These complementary strengths allow extended market penetration for both sides.

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

Paul Hobcraft

The practice of lean thinking, design thinking, visual thinking have increasingly started to dominate our “innovation thinking.” Complex adaptive systems are yet another story as I attempted some time back, actually in 2012 and it still sits here in my pile of things to connect up. It does not need to be.

System 147