Innovation Teams Must Answer These Six Questions Before Launching A Product
In previous posts, I have defined innovation as the combination of creative ideas with sustainably profitable business models….
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The Problem with Product Proliferation
Royal Philips, the Netherlands’ most valuable brand, has long been a leader in product innovation. But in the…
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Shenzhen is a hothouse of innovation
On a recent weekend several hundred academics and lawyers gathered in a hotel ballroom in Shenzhen for a…
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What Most Companies Miss About Customer Lifetime Value
For managers and marketers alike, the power to calculate what customers might be worth is alluring. That’s what…
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Innovation in Hospitality: 5 Ways to Engage and Retain Customers in a Competitive Market
The digital age has dramatically reshaped customers’ expectations of companies and brands. Whether through demands for ‘transparency’ or…
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Do Most Companies Even Try to Innovate Anymore?
We are living in the age of the superstar firm. Companies like Samsung, Google, or BMW—the top players…
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Why The Uber Of Everything Is A Flawed Approach To Innovation
If you are an entrepreneur or an executive, you may have found yourself at some time in the…
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What Every CEO Should Admit When Planning For The Future
The process of learning, unlearning, trashing and reinventing is never-ending. Take the retail industry, for instance. The companies…
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Why Business Leaders Continue To Struggle With Innovation
Britain’s “productivity problem” is a subject of almost constant debate. But just as important is innovation – which,…
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The Stage Where Most Innovation Projects Fail
When a CEO announces a major initiative to foster innovation, mark your calendar. Three years later, many of…
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Learning To Be An Entrepreneur
Towards the end of last year I explored the growth in intrapreneurship in our organizations. The concept of…
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The Error at the Heart of Corporate Leadership
In the fall of 2014, the hedge fund activist and Allergan shareholder Bill Ackman became increasingly frustrated with…
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Collaboration Across Time And Space Leads To Innovation
Today’s accelerating reality requires teaming: continuously, in real time, and always taking into account the larger picture. A…
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4 Things Your Innovation Efforts Shouldn’t Focus On
Differentiation should be a prime motivator of any strategy; firms should always look to find an edge. But…
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