How to be More Agile as Competitive Advantages Fade

New Market Advisors

For years, Columbia Business School professor Rita McGrath has been telling us that the traditional strategy of finding and exploiting a sustainable competitive advantage is becoming outdated. The world is evolving too quickly for competitive advantages to last for a meaningful amount of time.

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Collaboration is the new competitive advantage


In 1985, a relatively unknown professor at Harvard Business School named Michael Porter published a book called Competitive Advantage , which explained that by optimizing every facet of the value chain , a firm could consistently outperform its competitors.

4 Ways Agility Protects the Status Quo (And 5 Reasons Anticipation is Better)

Daniel Burrus

Agility is one such strategy—the often vaunted capacity to react to change as quickly as possible to address problems and changing market conditions. Does that make agility an extinct dinosaur? Why Agility Is No Longer Enough. Being agile would not have helped.

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Agility and Anticipation, a Tale of Two Business Strategies 

Daniel Burrus

When the competition launches a new product, how do you react? In short, you use agility to change directions and head the competition off at the pass. Put them in context with the concept of agility. Agility doesn’t allow you to innovate and jump ahead of the competition.

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Integrity as a Competitive Advantage

The Human Factor

The post Integrity as a Competitive Advantage appeared first on The Human Factor. Green integrity Pause-Think-Focus Science of Thinking strategic agility The Human Factor Using Your Brain to Win

Developing an agile innovation strategy

Idea Drop

Agile project management involves dividing tasks into short phases of work, or ‘sprints’, with continuous reassessment and adaptation of plans. Stemming from the word agile, meaning to move quickly and easily, it is no surprise that such a methodology goes hand in hand with innovation.

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Agility Levels the Playing Field. Anticipation Changes the Game.

Daniel Burrus

To jump ahead with both confidence and lower risk, you will need more than agility. Agility. Agility serves an important role helping companies react quickly to unforeseen change. The biggest advantage to an agile organization is that they can react faster than their slower competitors. Did the people who came up with the innovative, billion-dollar idea for Uber or Airbnb use agility? Agility without learning to Anticipate has trouble doing that.

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Agile Strategy – 16 Strategic Thinking Questions to Explore Disruptive Innovation


Fanatics introduced disruptive innovation to its marketplace with an agile strategy. It also uses its agile strategy to market apparel for niche opportunities where it might sell as few as ten t-shirts. 16 Strategic Thinking Questions to Explore Agile Strategy and Disruptive Innovation.

Collaboration increases market agility


Because of that, said Keer, you must collaborate in order to stay competitive. Inventor Community agility collaboration expertise innovation IRI market product development product innovation

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The power of agile innovation


Innovation agility enables reduced times to market. Adopting more agile working practices and allowing for more decentralised innovation, engenders innovation more holistically across the organisation – and this can have significant benefits.

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How to Increase Organization Agility and Speed of Innovation

Innovation Excellence

We talk so much about the accelerated rate of change; how technology, competition, launching new products and services are constantly changing. Doesn’t it feel like change is the word of the year?!

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Collaboration increases market agility


Because of that, said Keer, you must collaborate in order to stay competitive. Inventor Community agility collaboration expertise innovation IRI market product development product innovation

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Collaboration Is The New Competitive Advantage

Digital Tonto

In the past, we could dominate by accumulating resources and driving efficiency, but now it is agility and interoperability that rule the day. Related posts: The Future by Design. A Radical Shift. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

10 Excuses for Not Developing Strategic Agility

The Human Factor

In today’s warp-speed business world, strategic agility – the ability to move fast with flexibility and focus – is no longer a competitive advantage. Clearly, today’s business leaders understand the need to develop strategic agility. Or just gets faster, stronger and more agile?

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Building a Culture that Thrives on Innovation Agility

Innovation Excellence

We are living in an age of disruption, where changes are accelerating making innovation a strategic and systemic necessity and competitive lever to ensure your organization's survival and sustainability.

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Agile Methodologies: learn how Scrum can add value to your business


Aiming to anticipate a project’s unpredictability through interactive cycles and regular adjustments, this agile tool ensures that the effort employed and the deliveries made are in balance with the goals set for the project. Adding value through agile methodology. When this agile methodology is applied, it will lead to the improvement of the performance of a product or service in the market, by focusing on the real needs and desires of your customers. Agile

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How Do Organizations Build and Reap the Benefits of Agility?


Organizational agility is one of the primary ingredients to success for many organizations. Ralph-Christian Ohr describes organizational agility as, “An organization’s ability to renew itself, adapt and succeed in a changing, and often highly dynamic and unpredictable, environment.”

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Building Agility – Meta Skill that Organisations Need to Learn #FutureOfWork

Rmukesh Gupta

One of the key skills that organisations need to learn in a VUCA world is organisational agility. The only way that an organisation can build agility is when the flow of information is quick and as far as possible, unfiltered and bi-directional.

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3 Paradigm Shifts that will Drive Competitive Advantage in the 21st Century

Innovation Excellence

Three of the world’s five most valuable companies are not old line industrial or financial companies, but fast moving tech companies who prosper through agility rather than efficiency. Today, efficiency will only get you so far.

Inside the Mind of Jeff Bezos

Braden Kelley

Bringing User Centered Design to the Agile Environment

Boxes and Arrows

I had worked with SCRUM before, done training with Ken Schwaber (author 1 and co-founder of the Agile Alliance) and knew a few things from experience about how to achieve some success integrating a design team within SCRUM. Where did Agile come from?

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A Peek Inside the Mind of Jeff Bezos

Innovation Excellence

It is not too often that the leader of a Fortune 500 gives you an insight into how their company achieves competitive advantage in the marketplace in a letter to shareholders, instead of launching into a page or two of flowery prose written by the Public Relations (PR) team that works for them.

Empowering Every Resident with Tools for Change and Innovation

Braden Kelley

What if you could empower every citizen with tools that will help your city, state or country innovate and change faster than the competition for a penny a person?

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3 Acts of Courage (for innovation)

Innovation Excellence

My MBA start-up competition @hultbiz just finished. Continue reading → Build Capability Competitions Entrepreneurship Uncategorized agile fundraising lean Start-up Start-upsMy best teams were awesome.

Chaos Learning: The Key To Mastering Uncertainty


Traditional strategy thinking is about making long-term commitments that will result in competitive advantage. competition entrepreneurship Innovation Leadership Strategy

Six Levels of Leadership

Innovation Excellence

It has to do with change, agility, problem-solving ability, the awareness needed to be able to adapt to an increasing complexity Continue reading → Build Capability Business Models Change Cognition Competitions Consumer Innovation Creativity Culture & Values Disruption

Scrum: understand how the framework can add value to your business


With the premise of anticipating the unpredictability within a project, through interactive cycles and regular adjustments, this agile tool ensures that the effort used and deliveries made are in balance with the goals established for the project. Adding value through Agile Mindset.

Applying the Three Horizon Thinking to a Fresh Perspective of Innovation Design

Paul Hobcraft

Can we find ways to be highly adaptable, agile and fluid in grabbing and taking the parts of the innovation system and constructing them into that design and process that works for that specific challenge? We need to design our systems to be highly agile.

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Tesla Is Redefining the Customer Experience

Daniel Burrus

Any time you can make the competition seem like they are offering yesterday’s features and functions, and you are offering tomorrow’s, you can accelerate growth well into the future. . The majority have embraced the idea of agility as the best way to turn rapid change into an advantage.

Corporate Innovation: from a reactive to a creative culture


The former condemns organizations to a form of staticism (or simply failure); the latter drives organizations to become more agile, innovative and capable of adapting to challenges. Innovation agile innovación McKinsey

Strategic Thinking Exercise – A SWOT Analysis to Push Thinking


Consistently moving with greater agility than competitors ? External forces beyond our influence that are redefining marketplace competitiveness?

Change Your Thinking, Improve Your Results

Daniel Burrus

One example is agility, the ability to respond quickly to changing events and market conditions—a seeming silver bullet. Agility is very important, but the benefit of reacting and responding to change decreases as change itself accelerates. Take agility.

104 Possibilities to Disrupt Your Brand Strategy


Agile Strategy – 16 Strategic Thinking Questions to Explore Disruptive Innovation. Disruptive Competitive Threats: The One Strategic Truth You Must Never Forget. We were driving home from the store this weekend, and saw this huge tree that fell over from its base.

How to Avoid a Cliff

Mike Shipulski

Technological systems, as an expression of a company’s desire to survive, evolve to defeat the competition and live to pay another dividend. And like the bird, they get eaten by a more agile competitor/predator.

How Borderlanders Prepare Us For The Future


By operating in diverse cultures they gain perspective, agility and adaptability which gives them a competitive edge.

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Modern Dual Corporate Innovation Balances Defense with Offense

Integrative Innovation

With more and more established companies facing disruptive threats and opportunities, deliberate process and operating model innovation proves to be a major source of competitive advantage.

Digital Technology MoshPit

Gregg Fraley

Seeking combinations and applications where other aren’t looking is how competitive advantage is created. All frameworks (Agile, Lean, CPS, Design Thinking, Stage-Gate) require people to come up with fresh ideas, and MoshPit has a new and better way to do that.

Digital Innovation Units: Recommendations, Trends and Conclusions

Integrative Innovation

However, giving a program access to a multitude of potential customers and partners can be a key competitive advantage. Infront Consulting and business magazine Capital recently published their second joint annual study (in German) on the Digital Innovation Unit landscape in Germany.

How to enable Disruptive Innovation in an enterprise? [video included]


Encouragement, reward and validation This is why it makes sense to create an alternative innovation competition inside your company: A 3-month-long or a 6-month-long competition on who can create the innovation challenges with the most impactful outcome is a perfect starting point.

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Winning in 2019: Thriving in the Age of Uncertainty

The Human Factor

Positioning your business to win in a climate of rapid change and profound uncertainty requires three critical organizational skills – focus, agility and constant self-evaluation. In other words, get really good at being nimble, flexible and agile.

The Goliath Advantage

Digital Tonto

It’s true that small, agile firms can move fast, but larger enterprises have the luxury of going slow. Collaboration Is The New Competitive Advantage. Related posts: The Myth Of The Moron CEO. A. [[ This is a content summary only.

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4 Ways to Amplify Digital Innovation in 2018

Gregg Fraley

If you don’t your competition will. Learn 4 Ways to Amplify Digital Innovation in 2018. Alignment, Team Diversity, Knowledge & MoshPits. The challenges facing innovation leaders, facing 2018 is — how do you integrate new digital capability?

How To Fail At Cultural Change

The Human Factor

The ability to successfully lead cultural change has become a real competitive advantage and an essential leadership skill. Green" "The Human Factor" "Architect of Pause" "Using Your Brain to Win" "strategic agility" "Pause-Think-Focus" winning habits culture