Remove 2012 Remove Competition Remove LEAN Remove Technology
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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. And competition has its advantages. It is a classic example of survivorship bias.

Strategy 257
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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
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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. Meanwhile large corporations desperately need innovative technology to adapt to customers’ evolving needs.

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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. Rising competition from Apple and Google caught Nokia out of position and led to near-bankruptcy in 2012.

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Innovation is a Company Wide Responsibility

ImagineNation

The only way for it to survive is to be separated from its internal competition. This is ironic when you consider that some of the people who get labeled “not innovative enough” under these schemes are the same people who invented the company’s core technologies in the first place. Katherine lives in Camas, Washington.

Company 52
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When innovation led to a reversal of fortunes

hackerearth

Apple has refashioned consumer experience with its iconic branding, stylish design and a diverse product range, its own retail stores, and important partnerships with the competition. Lego has managed to wring sustainability by adopting the Lean startup approach. Nintendo released Wii U in 2012. Source: [link].

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Guest Blog – Innovation is a Company Wide Responsibility

ImagineNation

The only way for it to survive is to be separated from its internal competition. This is ironic when you consider that some of the people who get labeled “not innovative enough” under these schemes are the same people who invented the company’s core technologies in the first place. Katherine lives in Camas, Washington.

Company 40