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

Idea to Value

This idea quickly became popular in technology companies and areas like Silicon Valley where it was used as evidence of a need to launch first (even if you didn’t have a working product), spend big on marketing and get customers at any cost. It is a classic example of survivorship bias. There are proponents of both camps.

Strategy 257
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Creative Construction – Book review

The Inovo Group

The author presents a clear three-part framework consisting of Innovation Strategy, System and Culture that a large company needs to use to be an innovative organization. This book presents a refutation of this belief. To do so, the author presents the following framework for creating and sustaining a capacity for innovation.

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Smart Service Canvas

ITONICS

Services that aggregate and analyze data through intelligent technical systems or platforms to create customer value are called smart services. Furthermore, it presents the generic problems that the service is supposed to solve and the value it creates. This information is the basis for new and innovative service offerings.

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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. Rising competition from Apple and Google caught Nokia out of position and led to near-bankruptcy in 2012.

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Clicking Fast and Slow

Boxes and Arrows

Work with ecommerce ratings and reviews have noted the “bandwagon” effect, where any item with a large number of reviews tends to be preferred, often when there is little knowledge of where the positive reviews come from. Screen grab showing an Amazon review. Social and informational biases.

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The Book that Took 9 Years to Publish

Stephen Shapiro

It covered a wide range of topics related to innovation: strategy, organization structures, measures, technology, and more. January 2019: I hired a developmental editor who reviewed what I had written. These were sent to past clients and other reviewers for their feedback. Over time I added to it, collecting dozens of them.

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Great to Good Innovation

IdeaSpies

Jack Ma (2000), Jeff Bezos (2003), Mark Zuckerberg (2004), Reed Hastings (2007), Brian Chesky (2008), Travis Kalanick (2009), Anthony Tan (2012). Books such as Consumptionomics (2011) by Chandran Nair and Abundance: The Future Is Better Than You Think (2012) by Peter H. Now, how about these? Something big is going on.