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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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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. It takes a special kind of person to work with people in such extreme poverty.

Company 52
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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. Seizing the grand opportunity was Charles Tiffany, who bought the shares of Young and Ellis, and shifted the merchandise towards jewelery.

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Guest Blog – 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. It takes a special kind of person to work with people in such extreme poverty.

Company 40
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When innovation led to a reversal of fortunes

hackerearth

Here’s a look at top companies who took customized innovation routes to pull themselves back from the brink of failure: APPLE. It was close to bankruptcy in the late 1990s with rivals BM, Dell and HP eating up the market. The company had a paltry 4 percent market share and losses of over $1 billion. These were big companies.

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Top 10 must-read books on Innovation

hackerearth

However, if you’ve been one of those lucky ones who had “creativity” as an academic discipline at school, you’d know that it can at least be nurtured. Perhaps, like renowned educationalist, Sir Ken Robinson says, “We got educated out of creativity.” Being innovative or creative looks like an inherent trait to most of us, doesn’t it?

LEAN 12
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50 what-if questions to reimagine the future

Board of Innovation

50 what-if questions to reimagine the future We have handpicked a selection of trends & shifts in technology to help you come up with more relevant business ideas. What if we paid with self-created virtual currencies? Table of contents What if your customers could customize every single detail of your product?