Remove Advertising Remove Change Remove Competition Remove LEAN
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The great GE innovation experiment

Jeffrey Phillips

We can also find out which leaders will adopt innovative measures, and change the cultures of their businesses, and which will "stay the course". When the pace of change was slower, and change was more predictable, getting to economies of scale and growing a conglomerate made sense.

Agile 144
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First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

This can require significant marketing and sales effort to change. And competition has its advantages. It’s enough to capture more than the fair share of profits in the category, but it also means that other people are spending significant promotional dollars in advertising to boost the overall category.

Strategy 257
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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Razors have undergone incremental innovations over time Source: The Hustle Incremental innovations may not make headlines, but they’re the steady pulses that keep businesses competitive and responsive to market demands.

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Is Facebook the Next AOL?

CorporateIntel

Companies I’ve led have been active buyers of advertising on Facebook at every stage of its evolution. AOL came to love hammering our screens with advertisements. With so many eyeballs and so little competition they also assaulted advertisers with ever-increasing campaign rates. It reminds me of AOL. DUMP THE MVP.

Course 57
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Three Tools I Use to Enhance Customer Engagement and Innovate Strategically

Fehmida Kapadia

We have started integrating the agile and lean methodology (popularized by the IT industry) into our waterfall methodology (popularized by the manufacturing industry). The key tenet of agile and lean development is to quickly and iteratively build?—?test?—?learn. At this stage of the process, I like to use Ash Maurya’s Lean Canvas.

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Co-creating for marketing success: Why customers are the new marketing agency

InnovationTraining.org

Rather than leaning on agencies for ideas and new ways of marketing devised through layered assumptions, clever theories and cliché discussions around “what millennials want”, lean on your customers instead. Marketing and advertising agencies have long been the purveyor of ideas. Cut out the middle man and start co-creating.

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L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects

Idea to Value

This article will change that. This is why project management and the processes which support it (such as multi-year planning, business cases, risk management, change management and financial governance) form the backbone of most management frameworks in large companies. No wonder that around 96% of innovation projects fail.

Project 241