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.

Fuel the Engine of Product Growth with an Impeccable Framing Model

Speaker: Scott Sehlhorst - President, Tyner Blain

Attend this webinar to learn a framing model of the key decisions that give a product a chance to succeed and fuel the engine of growth!

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.

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.

Modern Health Report Shows Disconnect Between Company Leaders and Employees

Business and Tech

COVID-19 has revolutionized the way most people live and work, leading to a stark shift in how companies perceive and support employee mental health. Even if a company did increase mental health support, our research indicates it may be temporary.

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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.

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.

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.

Secure Your Supply Chain: How to Build Resiliency for the Future

Speaker: Bart Huthwaite, Principal, RSM, Operations and Supply Chain

In this webinar, Bart Huthwaite will explore best practices in building and improving supply chain resilience for a successful and productive future.

Why Your Company Needs An Innovation Project Leader

BMNT

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

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.

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.

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).

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.

A PM's Guide to Developing a Top-Notch PLG Strategy that Accelerates Product Growth

Speaker: Wes Bush - Author of "Product-Led Growth"

Join this webinar to learn the fundamentals of a GREAT product-led strategy and how to implement it into your organization!

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?

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! ]].

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.

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.

How to Transform Your Supply Chain: Digitization for Decision-Making

Speaker: Hannah Testani, CEO of Intelligent Audit

The future of the supply chain industry will take the emotion out of decision-making and leverage the advantages of technology to transform data into actionable intelligence.

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.

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.

World Best Business Website Company

Matthew May

Never ever think of giving up. Winners never quit and quitters never win. Take all negative words out of your mental dictionary and focus on the solutions with utmost conviction and patience. The battle is never lost until you’ve abandon your vision. the main component of a healthy environment for self esteem is that it needs be nurturing. The main compont of a healthy environment for self esteem is that it needs be nurturing.

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.

The Real Cost of an Effective Learning and Development Program

Speaker: Cara North - Learning & Development Consultant, Speaker, & Researcher | Maggie Quigley - Senior Account Executive for US Market Userlane

In this webinar, L&D professionals Cara North and Maggie Quigley will discuss the various factors affecting training, and how you can stretch your budget to create an effective L&D program.

Seven Companies That Failed to Innovate and What Happened to Them

IdeaScale

Highlights Companies as diverse as Xerox, National Geographic, and Circuit City failed to innovate, and suffered painful costs as a result.

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.

Is Something Hindering Innovation in Your Company?

IdeaScale

Make it part of any process, particularly brain-storming and problem-solving, to ask outside the team, the department, or even, in some cases, the company. IdeaScale can help drive innovation at your company. The post Is Something Hindering Innovation in Your Company? Innovation is the lifeblood of any industry, and yet it can seem hard to find in an organization. The answer may be that your organization needs to be redesigned to allow the free flow of ideas.

The Company Suggestion Box Re-imagined for the Digital Age

IdeaScale

Many companies have a suggestion box, usually in the break room or somewhere visible, but out of the way. First, they offer custom levels of transparency; when a suggestion is made, the entire company can watch it go from rough idea to finished result.

Product Market Fit: A Lesson from Sephora’s Head of Product

Speaker: Sneha Narahalli - VP, Head of Product at Sephora

In this webinar, Sneha Narahalli, Head of Product at Sephora (Digital, Data & MarTech), will give you an iterative method for identifying and developing Product Market Fit.

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.

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?

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.

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!

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.

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 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.

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.

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.