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Innovation lessons from Lego

Jeffrey Phillips

In strange and disappointing news, Lego announced that it was facing dire sales projections , with growth slowing from over 25% per year to low single digits. Companies need to gin up a consistent innovation program which aims for incremental and disruptive innovations to occur all the time. Those days are over.

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Innovation is a Company Wide Responsibility

ImagineNation

These authors never talk about what happens after an innovation program reaches sufficient maturity that it’s ready to leverage the organization’s resources into a successful implementation. The “business as usual” program will always win. Breakthrough innovation programs take longer and have a lot more risk.

Company 52
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Guest Blog – Innovation is a Company Wide Responsibility

ImagineNation

These authors never talk about what happens after an innovation program reaches sufficient maturity that it’s ready to leverage the organization’s resources into a successful implementation. The “business as usual” program will always win. Breakthrough innovation programs take longer and have a lot more risk.

Company 40