Tag Archives: Innovation

Innovation Failure Lessons from Virgin, Pfizer, Rock n Roll

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I was called up by Sir Richard Branson's first hire at Virgin Atlantic and recommended to contact a company called F*** Up Nights. Virgin's David Tait had spoken at one of their events in NYC on Virgin's more glorious failures and he thought I may have a story to share. Failure can be a much more powerful learning tool in business than success if we are willing to learn from it.

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How to Protect Breakthrough Innovation

How to Protect Breakthrough Innovation

A company’s portfolio can generally be segmented into three types of innovation: incremental, adjacent, and breakthrough. Incremental innovations are minor improvements to existing products or small steps in to a new market. Adjacent innovations are more novel than incremental innovations and often involve applying an existing core competency in a new area. Breakthrough innovations, often referred to as transformational, radical, ...

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Does the new need to be new?

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Does every innovation need new technology, or a new manufacturing process, or a new patent? Does it need to be new for the sake of it? Not if you understand exactly what you have before you start, and how it can be exploited further to meet new demands in the marketplace.

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Ethnography Alone Cannot Generate Transformative Insights

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Consumer anthropology offers such refreshing insights into the marketplace, re-humanizing the relationship between people, things and stores in very profound and moving ways. This movement also has helped stores get their noses out of spreadsheet and theories and keep their eye on the customer experience. Whether in-store or online, this ethnographic sensitivity has positively been leveraged to optimize the present ...

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Learning What to Stop Doing in the New Year

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The start of any new year is often a time for reflection, both from an individual and organizational perspective.  We examine our lives and try and figure out things we want to do better.  We aspire and strive, set ourselves challenges and goals that will make us better. Usually these are additive.  We strive to exercise more, or be more ...

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50 Quotes to Spark a Culture of Innovation in 2017

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An inspiring quote is a great tool for changing a mindset. I made a personal collection of 50 outstanding quotes on change and innovation. Use them to inspire others to start a culture of change, to think different and to prioritize change and innovation at the start of 2017. 1. Nothing is stronger than habit. [Ovid] 2. If you always ...

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