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Insurance Isn’t Safe from Digital Upheaval

Harvard Business Review

The industries most susceptible to disruption are those selling information-based services that can be delivered digitally – and a perfect example is the insurance industry. Disruptive innovation' We estimate that up to $400 billion in insurance premiums could change hands within the industry over the next year.

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Insurance Isn’t Safe from Digital Upheaval

Harvard Business Review

The industries most susceptible to disruption are those selling information-based services that can be delivered digitally – and a perfect example is the insurance industry. Disruptive innovation' We estimate that up to $400 billion in insurance premiums could change hands within the industry over the next year.

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How Samsung Gets Innovations to Market

Harvard Business Review

A case study we just published on Samsung’s European innovation team offers some helpful insights. It details how in 2010, Samsung set up a small consumer-focused innovation team in London, headed by Luke Mansfield. Rather, it is to position themselves to create disruptive innovation. What do you do?

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China Can’t Be a Global Innovation Leader Unless It Does These Three Things

Harvard Business Review

China is well on its way to doubling the number of patent applications filed with the State Intellectual Property Office, from 1 million in 2010 to 2 million by 2015. Their primary goal is employment and job creation, not disruptive innovation that may be risky but could create shareholder value.

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America's Innovation Shortfall and How We Can Solve It

Harvard Business Review

A little-recognized NSF report released in September 2010, the 2008 Business R&D and Innovation Survey (BRDIS) , said that only 9% of public and private companies engaged in either product or service innovation between 2006 and 2008. There was little in the way of new industries, companies, jobs, profits, or taxes.

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C'mon, IT Leaders. Take a Chance!

Harvard Business Review

Companies with broader risk management outlooks and practices outperform their peers, according to a survey from Ernst and Young. Apple , Amazon , and Google are not the only examples risk taking of game-changing innovations. Netflix is another example of disruptive innovation.

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It's Time for Tenure to Lose Tenure

Harvard Business Review

As a 2010 study by the Center for College Affordability , a non-profit research center, expressed it: "With a tenure system, colleges are not able to reduce the number of medieval history professors in order to increase the number of information technology and business professors.".