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How to Compete Like the World’s Most Innovative Leaders

Skip Prichard

Innovation Capital. Whether you have invented an amazing new technology or product, you could still fail. And one of the most overlooked reasons for entrepreneurial failure is innovation capital. Human capital: who you are as a leader of innovation . Social capital: who you know with key expertise and resources.

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Leading for Innovation: Why Fighting Fires Burns Down the House

LDRLB

We all know the companies and brands that failed to find this delicate balance: Kodak, Blockbuster, Borders, and the list could go on and on. Innovation today is as much about how you deliver value as it is about what it is you offer to the market. The other domain is leadership.

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Leading for Innovation: Why Fighting Fires Burns Down the House

LDRLB

We all know the companies and brands that failed to find this delicate balance: Kodak, Blockbuster, Borders, and the list could go on and on. Whereas innovation used to be all about research & development, technology, and product or service innovation, what’s required for innovation today goes far beyond the traditional nuts and bolts.

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Don’t Write Off the (Western) Focused Firm Yet

Harvard Business Review

Subsequently they become more knowledge-based, as you share technologies, brands and customer intelligence. The forces of lawmaking, jurisprudence and, yes, ethics bring about sufficient transparency, market efficiency and fair business behavior for the conglomerate not to be worth its salt. Take a tobacco company in the U.S.

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The Big Goal Behind All that Customer Data

Harvard Business Review

Big Data is working hard to get into the minds of customers and uncover accurate information about how the customer really feels, thinks and responds to products, services, advertising and brands. They're helping customers build social capital. Big Data needs to capture this reality and focus your organization on it.

Goal 8