article thumbnail

4 Mindsets to Grow Through Innovation

Innovators Alliance

While researching organizational systems for my doctoral thesis, I developed a method of assessing an organization’s mindset to quantify and improve its ability to grow through innovation and adaptive change. Given that people are the lifeblood of change and innovation, emotional commitment is required to achieve positive results.

article thumbnail

Dark Innovation: Why Stealth is the Way to Go

Phil McKinney

Wired Magazine described it as. You can read the details in the Wired magazine article. Dark Innovation Enhances Competitive Advantage By working in secret, teams can create a competitive advantage by keeping their innovation hidden from competitors.

Project 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Agility is the 2023 Success Factor

Leapfrogging

That’s why it’s important to instill specific attitudes and beliefs in your team around the importance of being flexible and accepting that goals and work can, and should, change on a regular basis. Agility may ultimately be your only source of sustainable competitive advantage. Get a free sample chapter here.

Agile 130
article thumbnail

5 Innovation Lessons from the Backstory of OpenTable.com

Leapfrogging

He eventually honed the scope and changed the name to OpenTable. Find a Good Name But Recognize It May Change. What you think is a perfect name on day one will likely change as you get customer feedback and see the market’s response to your products and business model. That’s what creates competitive advantage.

article thumbnail

How to use the 70-20-10 Rule to drive innovation within your business

Leapfrogging

The basic premise of the 70-20-10 Rule is that if the organizational stakeholders consistently makes small improvements to their existing line or enters into new markets, they will sustain the organization without ever evolving it to remain competitive with changing times. Magazine , a globally recognized? Leapfrogging ?and?

How To 130
article thumbnail

You can't burn data

Jeffrey Phillips

This comparison was strong enough to lead Wired magazine to define data as the new oil in a magazine article some years ago. As the concept of digital transformation takes root, you may frequently hear comparisons between data and oil. After all, both are abundant commodities that can create value.

Data 157
article thumbnail

Five Unicorn Scaleup Strategies

Leapfrogging

Competition aside, both face opposing physical forces that must be overcome to win. Drag in the business context often manifests itself at the strategic level and can be experienced by such adverse indicators as sluggish market moves, inability to change direction with agility, and companywide misalignment of strategies and objectives.

Strategy 130