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These companies failed because leaders did not want to hear bad news: The Ostrich Effect

Idea to Value

This can be especially dangerous when the problem they are avoiding is that they are being disrupted , other companies are out-innovating them, an important project is off-target or performance KPIs are falling behind. The fear that froze the company came from two places. Volkswagen.

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Uncharted Waters Disrupting the Corporate Boardrooms

Paul Hobcraft

When you read a report that has within its executive summary this: “ In combination the boards stand unarmed to enter the battlefield of future business creation in a disrupted world ” it makes you want to read on. It examined the role of innovation in company strategy and its strategic importance on the board’s agenda.

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Market Disruption vs. Business Disruption: The Inertial Disruption Factor

Legacy Innovation Group

Market Disruption vs. Business Disruption: The Inertial Disruption Factor. Jan 30, 2015 | Anthony Mills. Rock the market with a major disruption, and there will be a rocking effect back on the business and its supporting ecosystem. In this case the inertial disruption factor is very small.

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Disruptive Energy.

100%Open

While working as a journalist on World Coal magazine in the 1990s I was interviewing the president of a very large Canadian coal company who told me that in 10 years they would not be mining coal. Shocked by such a statement from a company head, I checked it was OK to print the quote. By any measure, that was a disruptive statement.

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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

However, very few managers are able to explain their company’s business model ad-hoc, and even fewer can define what a business model actually is in general. The number of companies, which have established dedicated business model innovation units and processes is even lower. 2008), or, more simply, the value proposition (Teece 2010).

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When Disruption Becomes Destructive: How Can Financial Services Companies Close the Innovation Gap?

Qmarkets

Source: PWC ) [/caption] The impacts can trigger permanent effects on consumers, companies and even countries, as the industry accounts for a generous percentage of the total world GDP. billion in 2015. We believe that no incumbent company is immune to this revolution, and assuming some companies are too big to fail would be a mistake.

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Innovators in FMCG love Direct to Consumer

Destination Innovation

It has suffered at the hands of two aggressive start-up companies which went direct to consumer (DTC). The company’s frames have been praised by Elle, Esquire, GQ and Vogue. It was founded in 2015 with $2.5m It was founded in 2015 with $2.5m Wiggle is a UK based company which sells cycling equipment and apparel.