Exploiting the Competition for Innovation

Whether you want to admit it or not, competition is part of your world, and likely a bigger part than you’d care to admit. Granted, exploiting the competition is not a novel concept. Even so, it is still very common to hear many executives adopt a competition neutral position. These executives simply don’t believe competition to be a significant factor ...

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Innovation Metrics of Leading Companies

I have often shunned the idea of metrics for innovation as it has been very difficult finding companies being good at this. However, I believe it is important to work this out in order to raise the innovation productivity and in this post I share some input from a couple of large corporations based on a discussion on LinkedIn last ...

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Are MBAs becoming irrelevant?

by Idris Mootee Are business schools preparing students for a flat world where organizations and national boundaries are becoming blurred? Looking at this year MBA rankings by Financial Times, there aren’t many changes in the Top 10 list. The surprise is that #10 is a Hong Kong Business School and #12 is an Indian Business School. Other top schools (some ...

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Real Reason Amazon Should Acquire Netflix

Amazon and Netflix might be great together, but not for the reasons you might think. The way I see this, it’s a little bit like peanut butter and chocolate, two great tastes you might not expect to go well together. People are talking about the possible acquisition of video company Netflix by Amazon, and they are speculating that it has ...

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The 'Captive Upsell' Business Model

I was reading Free: The Future of a Radical Price by Chris Anderson the other day, and it got me thinking about other innovative business models. One of the best that I have encountered recently was at the Bridgestone tire store when I got new tires for my car. What was so impressive was how they convince you to purchase ...

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Creating Preference in a Commodity Business

I was asked recently how to successfully sell value in a commodity business. When your product or service is virtually identical to what is available elsewhere, how do you create differentiation, preference, value and market share acceleration? It’s not easy, but there are ways. Here are five to start: Service: How well you treat your customers can make a big ...

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Call for February 'Innovation Perspectives'

February’s opportunity to contribute your Innovation Perspectives is now here. This monthly feature presents our loyal readers with different perspectives on a single topic all in one place – from several different authors. It gives our innovation community the opportunity to compare, contrast and discuss them in the comments here on Blogging Innovation and with the 1,980+ people in the ...

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Who Killed Our Business?

Most business managers go through the annual ritual of budgeting. We plan the next one or two years based on the actual results of the most recent year. We draw up a spreadsheet and plan line by line – sales revenues up 10% and costs held to a 5% increase means a modest improvement in profits. We should have learned ...

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Solid Service Principles are Crucial

Below is the latest blog I just received from Seth Godin. He (as he does most days) makes an important point especially for Service based companies and provides additional reasons why Service Design can be such a potent weapon for progressive companies. It’s not JUST the steak or the phone call or the insurance cover that your customers are buying ...

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