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Balancing Large and Small Firm Capabilities

Organizations need to balance exploitation (i.e. development of existing business) and exploration (i.e. creation of new businesses) in order to thrive on the short and long term. Corresponding integration of incremental and radical innovation can basically be achieved in different ways… Continue reading

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The Lean Startup concept is an appropriate choice for creating new businesses through development of an already existing idea or vision. Design thinking, on the other hand, might be preferred if the right business idea has not been found yet and customer needs or problems are still vague. Continue reading

Posted in Build Capability, Innovation, Uncategorized | 2 Comments

We invite you to Kim Chandler McDonald’s weekly interactive forum — to read and collect your comments on “An Innovator has an Obligation to…” We hope you’ll join the conversation! Continue reading

Posted in Creativity, Innovation, Inspiration, Management, Open Innovation, People & Skills, Profiles of Innovators, Quotes, Social Innovation, Training, Uncategorized, collaboration | 3 Comments
InnovationDebtLarge

“Learning and innovation go hand in hand. The arrogance of success is to think that what you did yesterday will be sufficient for tomorrow.” – William Pollard Continue reading

Posted in Creativity, Entrepreneurship, Innovation, Innovation Perspectives, Leadership, Strategy, Uncategorized | 1 Comment

In the age of greater focus on innovation and customer value, one of the question that remains unanswered is how much collaboration is required between the innovation and the pricing teams to achieve greater pricing power for innovative products and services. Continue reading

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paramount pictures - Noah

Peter Doyle ponders an apocalyptic vision of the future, Russell Crowe, the survivalist marketplace, and climate change. Continue reading

Posted in Customers, Innovation, Research, Sales, Sustainability, Uncategorized, marketing | 1 Comment

When Daniel Pink visited EMC’s Leadership meeting in early January of 2014, he focused quite heavily on employee autonomy. In the long term, he reasoned, granting autonomy will increase employee productivity. Continue reading

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