Tag Archives: velocity

A Peek Inside the Mind of Jeff Bezos

It is not too often that the leader of a Fortune 500 gives you an insight into how their company achieves competitive advantage in the marketplace in a letter to shareholders, instead of launching into a page or two of flowery prose written by the Public Relations (PR) team that works for them. The former is what Jeff Bezos tends ...

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Achieving Innovation Resonance

I've written in the past about how innovation is all about value and about how innovation veracity is more important than innovation velocity. Now it is time to take the innovation conversations about value and veracity to the next level - to innovation resonance - and how difficult it is to achieve and maintain. Achieving innovation resonance is about...

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Innovation Veracity is the Key to Success

A recent post by Jeffrey Phillips titled Velocity is the Only Innovation Outcome That Matters sparked respectful disagreement inside me. I believe that when it comes to innovation, veracity is more important than velocity. Let's look at the definition of the word veracity from our friends over at Merriam-Webster:

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How Fast Should You Innovate?

In my last two posts I've identified the need for speed, or velocity, as an outcome of innovation. What many firms fail to realize is that the game has changed. The rate of change in the environment has increased, and to remain "in the same place" as your firm is today - merely to hold serve - you must accelerate your product and service development capabilities.

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