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Innovate Faster or Innovate Better?

Harvard Business Review

Yale School of Management Professor Dick Foster notes that a single firm cannot innovate faster than the market in which it participates. The end result too frequently is the market speeds ahead of the autonomous organization. A large company just can't innovate faster than the market. Why is that?

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Three Year-End Innovation Takeaways from Asia

Harvard Business Review

I argued a few months ago that the innovation axis was shifting from the West to the East. Silicon Valley remains the global hot spot of innovation, and America continues to churn out innovative companies like Groupon and Bloom Energy. Chinese companies like BYD are well positioned to lead the electrical vehicle market.

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Kodak’s Downfall Wasn’t About Technology

Harvard Business Review

Today, the term increasingly serves as a corporate bogeyman that warns executives of the need to stand up and respond when disruptive developments encroach on their market. Once one of the most powerful companies in the world, today the company has a market capitalization of less than $1 billion. Why did this happen?

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You Need a Community, Not a Network

Harvard Business Review

Consider Ashoka , which provides start-up funding and support for social innovators worldwide. At Best Buy in the early 2000s, Julie Gilbert was in charge of an internal network aimed at developing female leaders. Eager to change that, Gilbert encouraged her group to reach out to women customers.

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When Rising Revenue Spells Trouble

Harvard Business Review

For example, back in early 2005, I and my colleague Clark Gilbert (now the CEO of Deseret News and Deseret Digital) ran a workshop for 100 top executives in the U.S. Another, arguably simpler, technique is to change the way you measure market share. Disruptive innovation Innovation' Disruptive innovation Innovation'

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How IBM, Intuit, and Rich Products Became More Customer-Centric

Harvard Business Review

This seems to be a key question on the minds of not just marketers, but company strategists these days. This intensive customer focus has increased as technology-enabled transparency and online social media accelerate an inexorable flow of market power downstream from suppliers to customers. How well do you know your customers?

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How to Revive a Tired Network

Harvard Business Review

Make you more innovative. b Between 1920 and 1930, for example, 87 percent of Broadway shows flopped despite being attached to big names like Rogers and Hammerstein, or Gilbert and Sullivan. The sidebar “The Innovator’s Network Dilemma” presents convincing data that bears out this observation. The list goes on.

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