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Eight Companies that Switched What They Did

Destination Innovation

Here are examples of eight successful companies which switched from one activity to another in order to meet a customer need. Berkshire Hathaway was originally a textile manufacturing company established by Oliver Chace in 1839 in Rhode Island. He used it as a vehicle to buy stakes in insurance companies and other businesses.

Company 287
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Addictive, exclusive, experience: Critical factors for new products or companies

Jeffrey Phillips

Along the way I encountered a couple of very successful companies: Starbucks, where I met a potential partner, Apple, where I went to get some repairs done on my iPhone and Chik-Fil-A, which was down the hall from the Apple store. What does this say about the creation of a new product or company? Build a community.

Company 111
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Normalcy Bias: Why companies don’t react in a disaster

Idea to Value

How is it possible that so many companies fail to react while they are being disrupted ? This results in people and companies refusing to plan for things which could impact them negatively, such as another company disrupting them, even after they have been warned or the event has even begun to happen.

Company 178
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Achieving Balance With Company Culture, Benefit Design, and Employee Well-Being

Business and Tech

A company culture that fosters flexibility and transparency is key to employees feeling comfortable, valued, and supported. However, they also feel disconnected from their co-workers and company’s culture, and report higher incidences of anxiety and depression. What works for one company may not work for another.

Culture 246
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How Mature Companies Are Scaling Transformational New Businesses

Scaling transformational innovations in large companies is challenging due to ‘Company Fit’ issues, which arise when the resources, processes, and priorities (RPPs) of the core business are not aligned with the needs of the new business.

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Top 10 Digital Innovation Companies You Need to Know About in 2023

IdeaScale

In today's fast-paced business landscape, digital innovation has become a key driver for companies to stay ahead of the competition. From AI-powered automation to blockchain-based solutions, digital innovation companies are transforming industries across the board.

Company 130
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Why Are Companies Sitting on Cash Right Now?

Harvard Business Review

Many companies sit on piles of cash, even when rates of return suggest they shouldn’t. Researchers have pointed to multiple reasons, including flexibility for M&A and tax advantages. But new research suggests it’s also a form of insurance, especially for smaller firms.

Company 127
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How Personalized Customer Experiences Drive Retail Growth and Revenue

Speaker: Shaunna Bruton - Associate Director of Product Strategy at Orium | Sam Panzer - Director of Industry Strategy at Talon.One | Frank Passantino - Director of Product Management at Bloomreach

Data from McKinsey shows that companies that excel in personalization increase their revenue by 40%, but despite these numbers, retailers struggle to implement customer personalization strategies. More and more, customers are expecting a better personalized CX. But can retailers actually deliver? So what are the potential solutions?

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11 Proven Ways to Turn Your Culture into a Culture of Innovation

Learn the 11 proven strategies that you can implement quickly to get every employee innovating and contributing to the growth of your company.

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Going to Market Smarter in the New Economy

The fight to find new customers and retain existing ones is the biggest business challenge for many companies. In 2022, as companies continue to move more functions online, employees will take a more virtual -- and flexible -- mindset and lifestyle in parallel to the digitization of businesses.

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How to Improve Customer Experience in an Era of Choice

Download this ebook to learn how some of the largest companies in the world are driving better customer experiences. Customer experience is quickly becoming the de facto differentiator between successful businesses and the ones that fail.

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The Definitive Guide to Embedded Analytics

But many companies fail to achieve this goal because they struggle to provide the reporting and analytics users have come to expect. It will show you what embedded analytics are and how they can help your company. Every application provider has the same goals: to help their users work more efficiently, and to drive user adoption.

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The Rapid Innovation Sprint as an Accelerator for Your Big Idea

Rapid Innovation Sprints (RISE) help companies incubate greenfield digital product ideas that have the potential to radically transform their business. The techniques of RISE help to uncover game-changing opportunities with structure, collaboration, and commitment. Bring your next amazing idea to life!

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5 Reasons Leaders Invest in Language Training

It can create international trade, build partnerships, and grow company revenue, but language barriers often stand in the way of such progress. Download today to open a new door of possibilities for your company! Luckily, there is one very simple and effective solution: language training. The retention of talented employees.

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Game-Changers 911™: How to Change the Game in 2020

Speaker: John Storm, President, BrainStorm Network

Do you want to “change the game” in your company or industry? Join John Storm, President of the BrainStorm Network, to learn how to identify game-changing opportunities within your company and industry, and then brainstorm ways to capitalize on these ideas. There are BIG rewards for people who challenge the status quo.