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Business Model Innovation the Red Sox Way

Harvard Business Review

Hosting parties in December is just one example of how the ownership team has found innovative ways to increase the revenues it derives from Fenway. Of course, a track record of recent success, including two World Series titles (the one in 2004 ending a famous 86-year drought) and six trips to the playoffs in nine years hasn't hurt.

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What Connects Coca-Cola, Lego, In-N-Out, Intuit, and Nike? Focus.

In the CEO Afterlife

By 2004, sales and profits were in double digit declines. With 60% of annual sales coming from innovative new products, it is clear that LEGO has not been idle. They’ve never franchised. Complexity had brought LEGO to its knees. Something had to be done. Doing less better’ doesn’t mean doing less work. In-N-Out Burger.

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