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

Idea to Value

For example, Scott Anthony (interviewed on the podcast here ), summarised his views in a 2012 HBR article about which companies might benefit from moving first: If you are what Professor Steven Spear calls a “high-velocity organization” that is always learning and improving, there are real benefits to moving first.

Strategy 257
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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

One of industry standard answers comes from research by Deloitte Partners Bansi Nagji and Geoff Tuff, in their groundbreaking 2012 article in Harvard Business Review: Managing your innovation portfolio. It will be different for your company compared to your competition, and compared to other industries or companies with other strategies.

Project 284
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Agile Strategy – 16 Strategic Thinking Questions to Explore Disruptive Innovation

BrainZooming

Fanatics introduced disruptive innovation to its marketplace with an agile strategy. It also uses its agile strategy to market apparel for niche opportunities where it might sell as few as ten t-shirts. 16 Strategic Thinking Questions to Explore Agile Strategy and Disruptive Innovation. Developing an Agile Strategy.

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What Gap Inc. Can Learn From Signet Jewelers CEO Gina Drosos

Michael Roberto

Source: CNBC For years, Gap has struggled with a muddled corporate strategy. Three of the company's four major brands (Old Navy, Gap, and Banana Republic) have blurred competitive positions. Drosos, says that as a board member from 2012, she had always pushed for Signet to diversify its workforce and culture.

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

BrainZooming

Our buddies at Armada Corporate Intelligence addressed what sections you should include in your go to market strategy plan in their “Inside the Executive Suite” feature. They highlighted ten different sections to include your strategy plan. 10 Sections Your Go to Market Strategy Plan Should Include via Armada Corporate Intelligence.

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Innovation Strategy – Pat McGauley and a New Beer in Town

BrainZooming

What’s the story on the innovation strategy for beer? Rather than playback the various innovation strategy stories Pat McGauley shared, here is a sampling of quotes and points he made that stood out as great thought starters: Not all innovation strategy inside a company is created equal. Pat formed two innovation teams.

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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. There’s just one problem. Think about it: When you’re merely keeping up, what’s the advantage?