Remove Comparison Remove LEAN Remove Marketing Remove Strategy
article thumbnail

First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

What makes more sense: To be the first player in a brand new market, able to be the first (or only) company which customers buy from? To wait until other companies have proven there is a market for a new offering, and then quickly develop and scale your own? This can require significant marketing and sales effort to change.

Strategy 261
article thumbnail

Are you Ready to use this Economic Downturn to Become Recession Proof?

Daniel Burrus

2019 was a completely different world in comparison to 2020 and beyond, and even as we have weathered the storm in one way or another, every day has become a question mark for many across all industries. From the moment the world closed its doors for the safety of the general public, we were not going to be the same as a society.

Agile 79
Insiders

Sign Up for our Newsletter

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

article thumbnail

The 3 Biggest Lessons from Our Financial Services Panel

KindlingApp

While the speakers on this panel were all leaders and experts in financial services, many of the themes and strategies they discussed are applicable to people involved in innovation in any market. Embrace “Coopertition”. One suggestion was to reduce the risk associated with failure by biting off much smaller pieces at a time.

article thumbnail

Are you having fun riding the innovation waves?

Paul Hobcraft

This certainly involves investing a lot into getting a certain clarity and perspective, through researching constantly, finding fresh insights, sifting through comparisons, discussing and exploring them, so as to eventually determine the value to specific challenging environments and different organisational maturity levels.

article thumbnail

Business Model Innovation 2020? - From Lean Startups to Impact Startups.

The BMI Lab Blog

The market for impact investing is exploding: growing 50 times in five years from USD nine billion in 2013 to USD 502 billion in 2018 , which is a hundred times more than investments in Virtual Reality (VR, AR). Soon, the main driver for innovation will no longer be the technology, the market, or unmet customer needs.

LEAN 52
article thumbnail

The only two measures that matter

David Marks

Chief among these are the Blue Ocean strategy, Business Model Generation and Lean Startup methodologies that deservedly attracted many followers. In the B2B world, there are many companies that control a section of market and remain mostly unknown to the greater public. Apple by comparison stayed a niche player.

article thumbnail

The only two measures that matter

David Marks

Chief among these are the Blue Ocean strategy, Business Model Generation and Lean Startup methodologies that deservedly attracted many followers. In the B2B world, there are many companies that control a section of market and remain mostly unknown to the greater public. Apple by comparison stayed a niche player.