Innovation and creativity: the lasting competitive advantage

OVO Innovation

Innovation and creativity are the lasting competitive advantage, for individuals, for cultures and for businesses. I wrote recently about my last trip to Dubai, and the impact it had on me. Dubai is unusual because it combines a number of factors - an energetic leadership, a country and region hungry for growth and transformation, a significant investment pool, and a real "can do" spirit. Clearly things are changing quickly there, and everywhere.

Collaboration Is The New Competitive Advantage

Digital Tonto

In the past, we could dominate by accumulating resources and driving efficiency, but now it is agility and interoperability that rule the day. Related posts: The Future by Design. A Radical Shift. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Collaboration Is The New Competitive Advantage

Innovation Excellence

In truth, neither view fully represents today’s business environment. Certainly, companies like Apple and Southwest are still able to dominate their industries, but the source of advantage has changed.

Does Competition Drive Us to Innovate?

Innovation Excellence

Competition is often seen as a driver for innovation, but new research suggests that this isn't always the case. Change collaboration culture Feature Of The Week Innovation Leadership Management competition motivation

6 Keys to Making Collaborative Innovation Successful

Speaker: Soren Kaplan, Founder of InnovationPoint

competitive advantage no longer exists. The only defensible competitive advantage resides underneath the products, services, business processes, technologies, and business models we deliver to the. your ultimate source of competitive advantage—your invisible advantage.

Encourage Innovation Through Competition

eZassi

Whether the focus is on product development, service delivery, customer satisfaction, or market share capture, competition drives a company to improve its performance. Internal Competitions. External and Open Competitions. Elements of a Successful Competition.

Understanding the Trajectory of the Competitive Landscape

Innovation Excellence

If you want to gain ground on your competition you’ve first got to know where things stand. Build Capability Innovation Processes & Tools Product Innovation Competitive Advantage new product development NPD patents pricing

Crowdsourcing with the Competition: Rewarding Venture or Precarious Proposition?

Qmarkets

Why your company needs to think about crowdsourcing with the competition…. Understandably, the increase in competition and market saturation is seen by those who experience it as a direct threat to their organizational legitimacy.

PBTO48: Your Organisation’s Culture is Your Last Competitive (Invisible) Advantage with Soren Kaplan

Rmukesh Gupta

The last competitive advantage that organisations now have – their culture. This is your last competitive advantage - @SorenKaplan Click To Tweet. Who is on the show: In this episode we host, Soren Kaplan.

3 Paradigm Shifts that will Drive Competitive Advantage in the 21st Century

Innovation Excellence

Today, efficiency will only get you so far. Three of the world’s five most valuable companies are not old line industrial or financial companies, but fast moving tech companies who prosper through agility rather than efficiency.

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Role Playing the Competition

Michael Roberto

When formulating strategy, leaders should ask members of their team to role play the competition from time to time. However, companies should also consider a very different scenario when role playing the competition. Then, leaders want to challenge their teams: How would we take full advantage of that stumble by the competition? competition role plays strategy

Make Digital Disruption Your Biggest Competitive Advantage

Daniel Burrus

By digitally disrupting ourselves instead of passively, reactively waiting for it to happen, we can make disruption our biggest competitive advantage — leading the way for personal, business and industrial innovation instead of trying to keep up with the pack in some middling effort to survive.

PBTO44: Out-think, Out-pace & Out-Wit your competition with Lakshmipathy Bhat

Rmukesh Gupta

Instead of Outspending your competition, outwit your competition. Out-think in product development and outpace competition in execution. Who is on the show today. We host Lakshmipathy Bhat on this episode.

PBTO36: Why Giving a Damn is Underrated and Caring is a Competitive Advantage with Bernadette Jiwa

Rmukesh Gupta

In this post, we host best selling author, Bernadette Jiwa. She has a blog “ The Story of Telling ” where she shares her thoughts on marketing and branding in general and brand story telling in particular. She is one of the top 100 marketing/branding experts to follow on Twitter.

The Merits of Innovation in a Competitive World

Daniel Burrus

Focusing time and resources on your competition limits businesses’ innovation potential for greater success, and prevents them from being leaders in their field. Instead, it is focused on what its competition is doing, and how to either replicate or incrementally improve on those products, services and practices. To remain in this aggressive competitive cycle is to hinder the possibility of getting ahead — a business cannot ‘win’ if it solely fixates on the race.

The Role Global Competition Plays in your Innovation Efforts

Innovation Excellence

A new study explores the role foreign competition plays in the way our companies innovate Continue reading → Uncategorized competition globalization Innovation

Eleven Ways to use Crowdsourcing

Destination Innovation

Design Competitions. You can host your competition and build your brand while simultaneously getting a host of free input. Similar to design competitions, crowdsourced programming lets a variety of individuals offer ways to code and frame your websites, apps, and more.

Brief Clip from The Great Courses lecture series on Competitive Strategy

Michael Roberto

competitive positioning straddling strategy

Chaos Learning: The Key To Mastering Uncertainty

Game-Changer

Traditional strategy thinking is about making long-term commitments that will result in competitive advantage. competition entrepreneurship Innovation Leadership Strategy

Getting to Yes Quickly: How Amazon Out-Innovates the Competition

Spigit

How does tech titan Amazon out-innovate its competition time-after-time? In an article on Business Insider , CEO of Amazon Web Services – Amazon’s cloud computing business – Andy Jassy discussed what makes the massive billion dollar company different from the competition: “When our leaders walk into a meeting, they are looking for a way to say yes.” The post Getting to Yes Quickly: How Amazon Out-Innovates the Competition appeared first on Spigit.

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Understanding the trajectory of the competitive landscape

Mike Shipulski

If you want to gain ground on your competition you’ve first got to know where things stand. Then, compare yours with theirs and you’ll know what the competitive landscape will look like in three years.

In the future you are either a digital business or a dead business

Game-Changer

Today competitive advantage is fleeting. competition entrepreneurship Strategy analytics Artificial intelligence collaboration google hiring slackToday, every business is digital and it’s changing how business is done.

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Reinventing the Future: How IBM Innovates

Innovation Excellence

The key to how IBM innovates is that it manages to create collaboration among all the moving parts—not only internally, but externally as well—into a key competitive advantage.

Platform Revolution: How Platforms Change Strategy with Geoffrey Parker

Game-Changer

He is the co-author of Platform Strategy , a book about the new competition and how digital platforms change competitive strategy. Do companies face competition with platform businesses within their own industry or from other sectors as well?

The 9 Rules of Innovation

Innovation Excellence

Continue reading → Feature Of The Week Business Models collaboration Competitive Advantage Disruptive Innovation Innovation Open InnovationSo who deserves credit? Engelbart for coming up with the idea? Taylor and Kay for engineering solutions around it?

Are Corporate Innovation Centers The Last Hope for Companies Too Big To Fail?

InnovationManagement

Enabling Factors Reports AI asia big data cloud competition cyber-security digital era digital innovation digital platform disruptive innovation ecosystem europe fintech global market innovation center innovation hub innovation strategy IoT MNC silicon valley startup talent management technology

Best Advice You May Never Get

Innovation Excellence

Innovation Leadership Bottom Line Growth Competitive Strategy Corporate Strategy Economic GrowthWhen you’re in a tempest the hardest and most important thing to do is not the most obvious. When you’re running a business everyone has advice. Some is good, some not so much.

Six Levels of Leadership

Innovation Excellence

It has to do with change, agility, problem-solving ability, the awareness needed to be able to adapt to an increasing complexity Continue reading → Build Capability Business Models Change Cognition Competitions Consumer Innovation Creativity Culture & Values Disruption

Would Anyone Miss Your Company?

Michael Roberto

competitive advantage Macy'sColumbia Business School Professor Rita McGrath sent out a terrific tweet several days ago. She offered a thought about Macy's, the department store struggling to adapt to the new business environment in which find themselves.

Why Less is More: Product Strategy

Innovation Excellence

Innovation Product Innovation Strategy Competitive Advantage Competitive Strategy differentiation Marketing Strategy michael graber product strategy Southern Growth StudioAnxiety floods the boardroom, the conference rooms, every decision. Costs are rising. Returns are flat.

Innovation Lessons from Rome’s Greatest Enemy

InnovationManagement

In this piece based on a chapter from Paul Sloane’s ‘Think like an Innovator’, we’ll look at how Hannibal’s battle strategies and tactics can apply to innovation today - from using new and unexpected resources, to outflanking your competition, to understanding the importance of networking. Creative Leadership competition hannibalWhat innovation lessons can we learn from Hannibal, one of history’s most illustrious generals?

Digital or Dead – An Expert Study

InnovationManagement

Reports Strategies budget competition digital innovation digital platform digitizing disruptive innovation disruptive technology emerging technologies IoT IT research technologyNearly all executives have acknowledged the relevance of digitization and related trends, such as the Internet of Things, connectivity, and industry 4.0. However, the full impact of digitization has usually not been understood in detail.

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Why You Should Quit Predicting What’s Going to Happen

Innovation Excellence

Innovation Trends business growth strategy Competitive Strategy Corporate Strategy future PredictionsIf you’re trying to predict the future, you might want to read this first. The Web is littered with predictions for what the future will bring. But what if I told you that rather than trying to predict the future, you’re better off just building it? A bit cliche? Perhaps. But time and again I’ve.

Obsession: The Difference Between Good and Great

Game-Changer

entrepreneurship Greatness Innovation Leadership competition kobe bryant LeBron James obsessionIllustration by Christian Laborin. Survival in the 21st century demands a ceaseless obsession with your customers and with the possibilities that new technologies can offer them.

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Building Differentiating Capabilities for Innovation

Innovation Excellence

Build Capability Innovation People & Skills Processes & Tools Core Competence Innovation Accelerator sustainable competitive advantage White Paper

4 Simple Questions That Can Re-vitalise Growth for Your Cash Cow

Rmukesh Gupta

Innovation Apple Carmax Competitive advantage Complimentary innovations create sustainable competitive advantage David Robertson Disney GoPro Lego product promise SAP The Power of Little Ideas

If There’s No Conflict, There’s No Innovation

Innovation Excellence

Continue reading → Competitions Innovation Strategy culture Feelings Positivity Seeing Things As They AreWith Innovation, things aren’t always what they seem. And the culprit for all this confusion is how she goes about her work.

What Innovation Feels Like

Mike Shipulski

Authentic Culture Fear Innovation Intellectual Intertia Motivation Seeing Things As They Are Competitiveness CreativityThere are countless books and articles on innovation. You can read how others have done it, what worked and what didn’t, how best to organize the company and how to define it.

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Measuring Innovation, Part 3/3: The Growth Innovation Index (GII)

Innovation Excellence

Continue reading → Build Capability Competitions Disruption Innovation Product Innovation R&D Technology Innovation Management Innovation Metrics metrics New Product Development (NPD) Performance

How Startups Slay Giants

Game-Changer

Disruptive ideas have less competition. So, if an idea has disruptive potential, it should make your competition uncomfortable ; and that’s your space of opportunity. Illustration credit Christian Laborin.