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. The company sold textile remnants.

Fast Company is Wrong

Innovation Excellence

A Fast Company article titled Starbucks and Amazon team … Continue reading → Innovation Technology Amazon Go Fast Company Starbucks

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Building an Invincible Company

Rmukesh Gupta

I recently watched Alexander Osterwalder deliver a keynote on “Building an Invincible Company“, based on his book with the same name. Here are some lessons I took away from the talk: The moment a company thinks it is invincible, their decline becomes inevitable.

Podcast S6E138: Stefanie Johnson – Inclusifying your company

Idea to Value

In today’s episode of the Idea to Value, we speak with Dr Stefanie K Johnson from University of Colorado Boulder Leeds School of Business.

Going to Market Smarter in the New Economy

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. To succeed, you must change the way you conceive and build new products as a digital business. Download the report today to discover more!

Creating an innotropic company

Jeffrey Phillips

This is not a post about biomimicry In years past, there have been (and may still be) speakers and writers who connected the innovation of plants and animals to ideas about how companies should innovate. Every company and every management team wants an occasional innovation.

The more people are in your company, the more administrative effort it takes

Idea to Value

This can teach us much about why companies and teams slow down as they grow larger. This shows one of the problems which companies have staying efficient as they grow. In fact, often the entire company can sit in a single meeting together and then be productive for the rest of the day.

Company-Wide Innovation Is an Anticipatory Imperative

Daniel Burrus

It is likely that employees don’t think of their role as being part of innovation, either for a lack of understanding of what innovation means at the company or the literal thought that their department couldn’t possibly innovate anything of value.

Why VPNs Don’t Keep Companies Safe Anymore

Business and Tech

And with the advent of the pandemic, the perfect storm came together as companies rapidly transitioned to a fully remote work environment and enabled their employees to connect to the corporate network from home.

4 Ways COVID-19 Forces Companies to Innovate

IdeaScale

According to a recent survey , company leaders who responded predicted a 20 to 30 percent drop in sales. COVID-19 is forcing companies to become more flexible by meeting demands that are unrelated to their business models.

Planned Obsolescence: How companies are deliberately making their products worse

Idea to Value

It turns out that in order to keep consumers buying products year after year, some companies are actually deliberately reducing the quality of their products. These companies called themselves the Phoebus cartel, named after Apollo, the Greek god of Light.

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 uncover game-changing opportunities with structure, collaboration, and commitment.

Why Your Company Needs An Innovation Project Leader

BMNT

why-your-company-needs-an-innovation-project-leader

Why VPNs Don’t Keep Companies Safe Anymore

Business and Tech

And with the advent of the pandemic, the perfect storm came together as companies rapidly transitioned to a fully remote work environment and enabled their employees to connect to the corporate network from home.

How to Create Company Values

Cascade Strategy

Creating Company Values Overview. In this article, we'll be examining the art of creating company values which are powerful and relevant. Company Values that will unlock the potential and passion of your people, and will help to bring your vision statement and strategic plan to life.

The Near- and Long-Term Future of Company HR

Business and Tech

Being able to optimize that employee experience, and do it in a way that’s fair to people who are coming into an office and those who will never come in, that’s the big thing that I think a lot of companies are still working through. How can companies navigate having events now?

5 innovative solutions to combat Coronavirus developed by creative companies

Idea to Value

However, some companies and creative individuals have already come up with innovative solutions to the problem. But when the French company saw how the virus was spreading in France, it also noticed that people were panic buying disinfectant hand sanitiser (along with too much toilet paper).

9 Warning Signs Your Employees Need Language Training

Most global companies are diverse in perspectives, backgrounds, and yes, language. Language barriers can compound existing communication problems, often resulting in business losses. Learn the 9 warning signs your employees need language training today!

Podcast S3E53: Alex Osterwalder – Creating an invincible company

Idea to Value

We speak about what it takes to create an invincible company, with a particular emphasis on the importance of a balanced innovation portfolio. Topics covered in today’s episode: 00:01:30 – How the Business Model Canvas (BMC) was created 20 years ago, to help companies innovate.

4 Things Companies Need To Build An Innovation Ecosystem

Digital Tonto

The technology being developed today is simply too complex for anyone to go it alone, which is why the only viable strategy is to actively connect to ecosystems of talent, technology and. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Invincible Company of the Month: Ternova

Strategyzer

It’s not as simple as coming up with new ideas or just doing something differently in your company. What innovation is really about, according to Rodrigo Tona (CEO, Ternova Group ), is building the company of the future. Innovation isn’t the same as product development or R&D.

Breaking the Iceberg of Company Culture

Innovation Excellence

Company Culture is key to the success of a business. GUEST POST from Douglas Ferguson Company culture is like an iceberg. Voltage Control works with enterprises to help them discover ways to sustain innovation and create lasting cultural change.

100 Pipeline Plays: The Modern Sales Playbook

For the first time, we’re sharing the winning plays that took us from scrappy startup to a publicly traded company. Use our proven data-driven plays to grow your pipeline and crush your revenue targets.

Why Companies Are Giving Time Off to Fight Burnout

Business and Tech

When companies recognize that employees are people first, and that those people have been through a tough year and a half, that makes employees feel seen. The post Why Companies Are Giving Time Off to Fight Burnout appeared first on Business and Tech.

Does Your Company Struggle with Innovation Anxiety?

IdeaScale

Innovation is a broad term: what’s innovative to a software company will differ from what governments need. That was particularly evident with companies that had built phones with physical keyboards. Have a clear set of expectations and goals that are shared across the company.

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

Idea to Value

This can be especially dangerous when the problem they are avoiding is that they are being disrupted , other companies are out-innovating them, an important project is off-target or performance KPIs are falling behind. The fear that froze the company came from two places.

How to Build Knowledge-Based Companies?

InnovationManagement

This article presents the two key steps of successful knowledge management that can be implemented by company executives.

LinkedIn + ZoomInfo Recruiter: Better Data for Better Candidates

Check out our latest ebook for a guide to the in-depth, wide-ranging candidate and company data offered by ZoomInfo Recruiter — and make your next round of candidate searches faster, more efficient, and ultimately more successful.

Serial innovation: the secret behind the most innovative companies

Exago

It goes without saying that a company’s ability to innovate is tied to its performance. This is the question set out in the Boston Consulting Group’s latest report, which ranks the world’s most innovative companies in 2020.

Is innovation culture the backbone of high-performing companies?

Exago

Nurturing a culture of innovation can be something of a challenge for companies today, especially across different functions. The post Is innovation culture the backbone of high-performing companies? Yet organisations who do so successfully are more likely to be high-performers, according to a recent study. appeared first on Exago. Blog business innovation collective intelligence employees innovation culture

How companies prioritized innovation during the crisis

Board of Innovation

We look at how large and small companies budgeted for innovation in the wake of Covid-19. The post How companies prioritized innovation during the crisis appeared first on Board of Innovation. To hunker down or branch out?

This small company achieved a 100-fold increase in production using Toyota methods

Idea to Value

This video is quite interesting, if you’re interested in how quickly a small company can innovate. It is about how a small raincoat production company was asked to produce COVID-19 protective gowns by the Japanese government, but was struggling to meet targets of 10,000 gowns a day.

Why B2B Contact and Account Data Management Is Critical to Your ROI

64% of successful data-driven marketers say improving data quality is the most challenging obstacle to achieving success. Given data’s direct impact on marketing campaigns, reporting, and sales follow-up, maintaining an accurate and consistent database is a top priority for B2B organizations. This latest eBook aims to help marketing leaders understand the impact of data management on their company’s ROI.

How Has Company Culture Changed in Response to COVID-19?

IdeaScale

A strong company culture leads to success. It even makes your organization stand out to job seekers who want to work for notable companies with stellar reputations. The post How Has Company Culture Changed in Response to COVID-19?

What companies today can learn from Exponential Organisations

Exago

As the information-based world moves exponentially, many companies face the risk of being left behind and become obsolete. The post What companies today can learn from Exponential Organisations appeared first on Exago. Drawing inspiration from exponential organisations, we pinpoint the key attributes that make ExOs so extraordinary. Blog business transformation exponential innovation-priority innovation-tips purpose

Is your company ready to innovate at scale?

Strategyzer

There are three areas you need to consider if you want to quickly assess your company. Every organization needs to reinvent itself to survive over the long term. Some are in a stronger position to do this than others.

Is your company just performing “Innovation Theatre”?

Idea to Value

Most companies say that they are investing in innovation. Many of these companies don’t understand why their innovation failure rates are so high. Unfortunately, many companies won’t even realise that they have this problem. Here are some classic examples of Innovation Theatre: Idea challenges (which result in ideas which are never implemented): Many companies will run large-scale innovation challenges to collect thousands of ideas.

Forrester Research Report: How Sales and Marketing Intelligence Drive Improved Business Outcomes

In 2019, DiscoverOrg commissioned Forrester Consulting to evaluate sales and marketing intelligence practices in the B2B space. The primary takeaway? Forrester found only 1.2% of companies achieved a score indicating maturity in data management practices. However, organizations are fighting back - and winning.

Does your company take innovation seriously?

Strategyzer

The future success of your organization, your team and even your role depends on the creation of new Business Models and Value Propositions. Corporate Innovation Management

Socially Responsible Innovation Part One: For-Profit Companies

IdeaScale

The post Socially Responsible Innovation Part One: For-Profit Companies appeared first on IdeaScale. Corporations have struggled with the balance between profit and the greater good since the beginning of capitalism.

What Companies That Excel at Innovation Do Right

IdeaScale

Companies that excel at innovation share common traits. The post What Companies That Excel at Innovation Do Right appeared first on IdeaScale. Innovation can be challenging. You need a strategy with the right people and solutions in place to effectively drive the process.

How to Reward Innovative Thinking in Your Company

IdeaScale

The post How to Reward Innovative Thinking in Your Company appeared first on IdeaScale. Innovation is an essential aspect of any business. No matter your industry, there is an ongoing need for new ideas that put products into the hands of customers.

How To Create A Movement To Drive Transformation In Your Company Or Industry

Speaker: Greg Satell

Everybody has something they’d like to change, whether it is a problem in their organization, their industry, their community or society at large. But how can you get your ideas for change to take hold beyond a small circle of likeminded people? What you need is a cascade: small groups that are loosely connected but united by a common purpose. When they synchronize their collective behavior as networks, they become immensely powerful. A business model is disrupted, an industry is remade, the preceding order is no more and the world is transformed.