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When innovation led to a reversal of fortunes

hackerearth

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. Market expansion was what Apple needed, not a sizable chunk of the PC market. Mac’s unique features were shadowed by the premium price.

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Creative Construction – Book review

The Inovo Group

The key concept presented is to identify four fundamental categories of innovation: Routine Innovation – Leverages a company’s existing technological competencies and fits with its existing business model. Disruptive Innovation – Requires a new business model but not a technological breakthrough. Now the real work begins. [1]