Remove Competition Remove Magazine Remove Marketing Remove Project
article thumbnail

How Benchmarking Against Market Leaders Can Drive Business Success

Leapfrogging

Even worse, your business may end up being disrupted by the next big innovation that comes on the market. Look at your competitive set and determine which companies you want to compare yourself with. You want to look at benchmarking yourself against leaders in your market but also market disruptors and laggards.

Marketing 100
article thumbnail

Use a Strategy Uncertainty Map to Find Clarity in Disruptive Times

Leapfrogging

A Strategy Uncertainty Map is a visual representation of your top opportunities, which can include products, services, projects, or business strategies. For example, when you assess your projects on the basis of your uncertainty in these two areas, you get a relative view of which projects carry the most risk so you can invest more wisely.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to use the 70-20-10 Rule to drive innovation within your business

Leapfrogging

The basic idea behind the rule is that 70% of stakeholder time and organizational resources for innovation projects should be spent on core business, 20% on related projects to the core business and 10% of the time to projects unrelated to the core business but that can drive the organization forward. . . Leapfrogging ?and?

How To 130
article thumbnail

You can't burn data

Jeffrey Phillips

This comparison was strong enough to lead Wired magazine to define data as the new oil in a magazine article some years ago. But raw oil isn't all that useful until it is refined, and sweet crude from Texas is easier to turn into marketable products than Venezuelan oil. On the surface, this comparison seems to make some sense.

Data 157
article thumbnail

FinTech and Machine Learning

IdeaScale

According to Fortune Magazine, some of the top financial technology trends for 2017 are consumer trust, buying behavior, mobile banking, blockchain, cybersecurity, and access. And machine learning could be applied towards many of those already (for example: using data to optimize for consumer buying behavior).

article thumbnail

How Amazon and other big techs are revolutionizing the healthcare market

mjvinnovation

In recent times, the company has been investing in the healthcare market. Amazon’s move into the healthcare market is the subject of this article. The evolution of the healthcare market. In 2019, with an inflation target of around 4.25%, experts estimated that the health insurance market should be up 0.1%.

article thumbnail

11 female innovation leaders share their definition of innovation

Idea to Value

To do it for real requires ideation, of course, but then incubation (going from an idea to something you could get customer feedback from) to acceleration (bringing the new thing to market). Innovation must be rooted in improving competitive advantage, customer needs, employee expectations and now, sustainability. Twitter: rgmcgrath.