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What Groupon and LivingSocial Cannot Offer

Harvard Business Review

LivingSocial is not the first to create a compelling coupon offer. That honor goes to the market leader, Groupon. But a new study shows that no amount of buzz, excitement or first mover's advantage will lead a product to sustained growth. million units sold in a single day ).

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Best Practices for Leading via Innovation

Harvard Business Review

In an era of intense globalization, rapid demographic change and accelerating technological progress, the best companies for leadership recognize the value of innovation, putting it at the heart of their corporate culture and using this targeted, focused innovation to drive shareholder value and improve efficiency. Broaden perspectives.

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Why We Shouldn’t Worry About the Declining Number of Public Companies

Harvard Business Review

stock exchanges has declined by almost 50% from its peak in 1996, despite dramatic increase in aggregate market capitalization. firms gravitate towards digital strategies, firms have less need for elaborate finance, marketing, production, distribution, accounting, and human resource departments. stock exchanges.

IPO 14
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Strategy and The Uncertainty Excuse

Harvard Business Review

This is an argument I hear particularly often in high-technology sectors. They may be strategizing their way to first mover advantages and positions that leave few if any attractive options in the market. There isn't enough certainty, they argue, to be able to do strategy effectively.

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Business Model Innovation is the Gift that Keeps on Giving

Harvard Business Review

In contrast, consider the following: Pfizer's blockbuster drug Viagra was patented in 1996, and went on the market in 1998. Before long, despite all the first mover advantages of Viagra, the competitors reduced Viagra's market share from over 90% to around 50%. Was Zara better at protecting its innovation?

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A Survey of 3,000 Executives Reveals How Businesses Succeed with AI

Harvard Business Review

While it’s clear that CEOs need to consider AI’s business implications, the technology’s nascence in business settings makes it less clear how to profitably employ it. While investment in AI is heating up, corporate adoption of AI technologies is still lagging. Furthermore, early AI adopters are 3.5

Survey 15
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Four Ideas for Creating Mobile Strategy

Harvard Business Review

Mobile technology presents all marketers with a tantalizing proposition. The chance to tap into this ever-present and intimate consumer channel at such tremendous scale seems like a no-brainer for marketers. But marketing spend on mobile pales in comparison to time spent there by consumers. At my company, Mondel?z