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

Idea to Value

However, my manager instructed me to continue showing predictions that it was perfectly possible that we would meet the targets, something I argued with him about often. In an CNBC article , the culture at Volkswagen under CEO Martin Winterkorn was one based on fear. These organisations might then suffer from the Ostrich Effect.

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Make Digital Disruption Your Biggest Competitive Advantage

Daniel Burrus

In 1983, I identified digital disruption as one of twenty technology-driven Hard Trends that would increasingly shape the future at an exponential rate, and at the same time drive economic value creation. Today, as more and more industries and businesses become disrupted, it is important to understand that digital disruption happens in waves.

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

Qmarkets

billion in 2015. They develop artificial intelligence and machine learning capacities, meet the need for stronger data security and fraud prevention, and comply with regulatory requirements. Department of Commerce, the two sectors employed more than 6 million people in 2015. The Key to Penetrative Disruption.

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Qmarkets & Amer Sports – An Innovative Partnership that Created Unprecedented Employee Engagement

Qmarkets

From mobile innovation solutions to analog internal marketing, gamification, and employee meeting spaces, read our case study to learn all about Amer Sports' approach to innovation today. Who Are Amer Sports? Amer Sports is a large, international, Nasdaq-Helsinki-listed sporting goods company with both B2B and B2C focus in 34 countries.

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Part 1: Accelerating the impact of Innovation Campaigns

Values Centered Innovation

Part 1 of 3: Innovation is the core driver to meet critical business needs. That’s quite evident from an examination of global CEO surveys over the past 2 years, and the essential role innovation plays to meet the top CEO challenges. Implement disruptive technologies. 50% are currently attempting to change their culture.

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Getting out of the Building, Going Cross-Industry for Seeking Out Radical Ideas

Paul Hobcraft

Industry borders are blurring, there are increasingly smaller, agile and highly disruptive companies working to change the existing into the new preferred. Can you list the existing best practice, clarify its desired effects but does it meet the real needs? The whole concept of cross-industry is to seek out new ideas. Enjoy the ride!

Industry 215
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Developing a new framework for risk and innovation.

Paul Hobcraft

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.