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Pygmalion effect: The self-fulfilling prophecy

Idea to Value

This can create a positive feedback loop, where time and resources to develop skills will make that person to develop faster than other peers, making them look better by comparison, resulting in even higher expectations and more opportunities to improve further. Unfortunately, the Pygmalion effect is not only positive.

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The cost of innovation

Jeffrey Phillips

The companies that do make the bet, and that do focus on innovation, often show the benefits in terms of higher profits, greater market share and higher stock prices. Why is innovation so expensive culturally or psychologically? They may point out blind spots in how the company is structured or goes to market.

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5 Misconceptions to Avoid When Building Your Innovation Strategy

Qmarkets

Without it, our companies would fail to grow and evolve with the ever-changing markets that we are serving. While innovation is pertinent, it is often misunderstood and as a result, many companies fail to reap the benefits of it at its best. Innovation — a necessary component of any successful business in the modern world.

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On the Origin of Companies

David Marks

By comparison, the concept of survival of the fittest in the corporate world is much less mysterious or controversial. Companies who choose to act decisively, can adapt to shifting business environments at will. But as clouds loom over the horizons, the difference between the strong and the weak companies emerge. They innovate.

Company 40
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On the Origin of Companies

David Marks

By comparison, the concept of survival of the fittest in the corporate world is much less mysterious or controversial. Companies who choose to act decisively, can adapt to shifting business environments at will. But as clouds loom over the horizons, the difference between the strong and the weak companies emerge. They innovate.

Company 40
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5 Misconceptions to Avoid When Building Your Innovation Strategy

Qmarkets

Without it, our companies would fail to grow and evolve with the ever-changing markets that we are serving. While innovation is pertinent, it is often misunderstood and as a result, many companies fail to reap the benefits of it at its best. Innovation — a necessary component of any successful business in the modern world.

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How to Measure the Success of Your Innovation Management Strategy

IdeaScale

Time itself creates points of comparison, whether you choose to evaluate them or not. Four key dimensions that are often affected by innovation, and that should be baselined and measured at a later date are: Shareholder value in terms of returns, company value, price-to-earnings ratios, and other related measures. Numbers don’t lie.