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Entrepreneurs Need A Detailed Understanding Of Their Customer’s Problems

The Horizons Tracker

This results in a growing amount of market power being concentrated in a small number of incumbents. It’s a problem I argued recently that many peddlers of metaverse technologies are falling foul of. He suggested that the majority of organizations focus on the idea, the product, or the technology.

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Disruptive Business Models | N2Growth Blog

N2Growth Blog

While much has been written about corporate vision, mission, process, leadership, strategy, branding and a variety of other business practices, it is the engineering of these practices to be disruptive that maximizes opportunities. When was the last time you entered a new market? Do people in your organization laugh at new ideas?

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Leading to Disruptive Innovation

LDRLB

In the book, the Innovator’s DNA , Clayton Christensen and colleagues list five behaviors that characterize innovative leaders: associational thinking, questioning, observing, networking and experimenting. These new insights shape our future actions that are even better calibrated to the needs of the market. Boundary Pushing.

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How Innovative Trailblazers are Transforming Business

Skip Prichard

I believe that one of the most vital things to do is to be crystal clear in recognizing that invention (the creation of a process or device) is markedly different from innovation, which is a process of transforming via iteration, styling or alteration. What characteristics do the most innovative organizations share?

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Overcoming the Barriers to Corporate Entrepreneurship

Strategy Driven

Instead, longevity is based on entrepreneurial thinking and innovation – in exploring ways to adapt corporate and business strategies in response to market, technological, and social and cultural change. On reflection, though, I find that the evidence does not support competitive advantage as a path to longevity.

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Jobs to be Done

Deming Institute

In Clayton Christensen’s new book, Competing Against Luck , the authors delve into the importance of gaining a deep understanding of what your customers desire. They also discuss how an online university changed their processes to address the issues their potential customers faced in the “hiring” process.

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When Old Technologies Create New Industries

Harvard Business Review

People understandably get excited about new digital technologies, whether it’s the digital camera that is cheaper than developing rolls upon rolls of film, or the photo-sharing apps that – in turn — make your iPhone camera easier to use than your old digital camera. But who wants to stand up for old technology?