Innovation & Entrepreneurship
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Contributor: Management Matters
Posted: 09/25/2017
innovation marketing
Innovation means the creation of new value and new satisfaction for the customer. Successful innovating organizations, noted Peter F. Drucker, measure innovations "not by their scientific or technological importance but by what they contribute [in terms of value] to market and customer." Innovation in a business enterprise must be always... Full Content »
Contributor: Josh Steimle
Posted: 08/16/2017
I’m a fan of Harvard Business School professor and best-selling author Clayton Christensen. Christensen’s research focuses on what he terms “disruptive innovation,” or those innovations that target non-consumption with products that are inferior but “good enough” for consumers who previously had nothing at all. Christensen’s model shows how... Full Content »
Contributor: Editorial Staff
Posted: 08/14/2017
It's often said: People confuse good management with a good idea that makes management look good.What's not said is: It takes a special kind of management and organizational structure to put a good idea into action.A management that has the know-how, energy, fearlessness, and staying power to implement genuinely good ideas that are consistent with... Full Content »
Contributor: Editorial Staff
Posted: 08/11/2017
creative imitation
There are two ways to imitate the innovations of others—namely; (1) developing a "me-too” or copycat offering to compete directly against the originator's innovation and; (2) launching a creative imitation of a rival's success.The difference between a "copycat” and "creative imitation" strategy is straightforward.A "me-too" offering is a direct... Full Content »
Contributor: Editorial Staff
Posted: 08/10/2017
Editor's Note: We live in a business world that increasingly worships innovation. Why? Because it is essential to sustaining long-term growth and profits.But before all our energy and imagination is directed at producing and managing innovation, it's useful in to look at the realities of business life. Most "newness" is not innovation at... Full Content »
Contributor: Sunnie Giles, Ph.D.
Posted: 07/11/2017
Co-authored by Torben ValstedWe (Sunnie and Torben) come from different perspectives: Sunnie is an ardent student of radical innovation, and Torben in brands. We combined our expertise to reach a point of confluence for these important topics. A brand can serve as a powerful instrument for companies to generate radical innovation in two ways: to... Full Content »
Contributor: Robert Swaim, Ph.D.
Posted: 06/23/2017
Too many organizations, management theorist Peter Drucker observed, devote resources to "preserving the past" when they should be allocated to "creating tomorrow." Dr. Robert Swaim - student, colleague, and friend of Drucker’s for almost thirty years – looks at Drucker’s Principles of Innovation and why companies must leave yesterday behind to... Full Content »
Contributor: Management Matters
Posted: 06/20/2017
So many large corporations think gobbling up a young, fresh startup is their ticket to disruption. For instance, the New York Times reported that Walmart recently purchased Bonobos, an online men’s apparel company founded  _in 2007, for $310 million. This deal size is a pittance compared to last year when the retail chain paid $3.3... Full Content »
Contributor: William Cohen, Ph.D.
Posted: 05/22/2017
There was one sure way that Drucker knew that an organization or a company was going to fail. And even though absolutely counterintuitive, this indicator was an important element in his consulting practice: If any organization continued to do what in the past had made it successful, it was certain that it would eventually go under.That sounds... Full Content »
Contributor: Robert Swaim, Ph.D.
Posted: 04/18/2017
"The large organization has to learn to innovate, or it will not survive. —Peter F. DruckerMany books by Peter F. Drucker stressed that the first step in developing a vision for any organization is "getting rid of yesterday." Drucker, who is considered the father of modern management thinking, says this also holds true for innovation.Too many... Full Content »
Contributor: Gallup, Inc
Posted: 03/30/2017
By: Tom Matson and Jennifer RobisonEditor's Note: This article was originally published on Gallup and has been reposted with permission.Amid global economic stagnation, a new class of entrepreneurs, or—more broadly—of "builders," could potentially emerge to create jobs and revive economies. Business and city leaders need to find and... Full Content »
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