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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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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. 10% of their innovation resources on transformational innovations, to explore completely new offerings and markets.

Project 284
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Summaries of the 50 Best Business Books

Destination Innovation

Would you like to have read the best 50 books on sales, marketing, leadership, innovation, entrepreneurship and self-improvement? Just imagine all the insights and lessons you would have learned and how that would have helped you in your business career. But how much time would it have taken?

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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. The term “go to marketstrategy cropped up perhaps fifteen years ago.

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What is the ambition matrix and how does it work as part of an innovation portfolio?

Idea to Value

Originally developed by the strategy consultants at Monitor (now part of Deloitte) and made famous by a breakthrough article in Harvard Business Review by Geoff Tuff and Bansi Nagji, the Ambition Matrix is a tool which helps companies identify ways to execute their strategy around where to play and how to win.

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16 Creative Thinking Questions from the Most Innovative Companies

BrainZooming

You can apply these creative thinking questions to trigger your own brand’s strategic thinking on innovation strategy: Strategy. Customer-Focused Innovation Strategy. What can we do to deliver innovations when they need to get to market vs. when we’re done tinkering? Branding and Marketing. Innovation.

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How President Lula da Silva should help the poor in Brazil this time?

Christensen Institute

Early signs point to Lula’s government implementing a push strategy of development when they need to do the opposite. In our paper, Leveraging market-creating innovations to solve Brazil’s education paradox , we highlight two main development strategies, push and pull. Pull, don’t push. Thankfully, Nubank is not alone.