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

Idea to Value

In comparison, of the companies which were fast followers in those categories (and which entered on average 13 years after the pioneers), only 8% failed. Probably the most important study of first mover advantage came in 1993, when Golder & Tellis analysed 500 companies across 50 product segments.

Strategy 257
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How to Influence People and Drive Change

Leapfrogging

What can you learn about change from Baker’s Four Strategies of Influence? In comparison, a pull style of persuasion requires the use of more subtle persuasion tactics which are designed to draw people in before making a specific point or reaching a certain objective. By UpBOARD. Still want to learn more?

Change 100
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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. Then, the coronavirus pandemic of 2020 thwarted it all. Opportunity Awaits — It Never Waits. But is that the right choice?

Agile 79
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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”. However, each of the panelists had suggestions about how to drive change within the confines of a larger organization.

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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.

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

The BMI Lab Blog

Following the “market-pull” strategy, whenever a trend becomes relevant, a company would allocate budget to leverage the new market opportunity. Lean startup, coined by Eric Ries and previously described in the book “The Four Steps to Epiphany” (2005) by Eric’s mentor Steve Blank, is singing from the same song-sheet. trillion by 2030.

LEAN 52
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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. Apple by comparison stayed a niche player. Each theory introducing its own catalogue of acronyms, graphs and tools to explain successes and failures.