article thumbnail

The Innovator’s Dilemma: Why Successful Companies Fail and How Disruptive Innovation is the Key to Survival

IdeaScale

In today's fast-paced business landscape, companies face constant pressure to stay ahead of the competition and maintain their market share. Yet, even successful and established companies can fall victim to the "Innovator's Dilemma."

Company 130
article thumbnail

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. In some especially nefarious situations, these companies may be updating their products through software even after you bought them, in order to make the performance worse.

Company 277
Insiders

Sign Up for our Newsletter

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

article thumbnail

12 Types of Innovation You Should Know in 2021

IdeaScale

The paradigm is that companies cannot afford to rely strictly on their own internal methods of innovation, but can buy or license processes or inventions from other companies. It can also refer to innovations that have a social purpose, such as distance learning and online volunteering. Social Innovation. Product Innovation.

article thumbnail

What Kind of Company is a Good Fit for Crowdsourcing?

IdeaScale

After 69 years of growth, Dick’s is a great company ripe for crowdsourcing and they launched their first company-wide ideation platform last year. But how do we know that a company like Dick’s is a good fit for crowdsourcing? Well, here are a few qualities that make a company more likely to succeed in a crowdsourcing effort.

article thumbnail

How Micro-Innovations Can Drive Breakaway Results

In fact, it's the little creative shifts - what we refer to as micro-innovations - that most often carry the day. Download the eBook today to learn more about micro-innovations and how they have influenced some of the biggest companies to date. How do micro-innovations affect businesses' way of thinking?

article thumbnail

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. Innovation theatre refers to any innovation work which is done to show people that innovation is happening, but which doesn’t result in a tangible outcome.

Company 160
article thumbnail

Eating your own dog food

Idea to Value

So many leaders in companies have no idea what their own products are actually like. This is often referred to as “eating your own dog food” The origin of the term is disputed. Yet within our company, we were still using versions of the SAP software which was nearly a decade out of date. Whether the quality is good.

Software 259