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Can Corporate Secrecy Bolster Innovation?

The Horizons Tracker

Research from Chicago Booth highlights how disclosing too much information can be harmful to profits, however, as it can damage the innovative capabilities of the firm. These results provide causal evidence that disaggregated CoS is likely to reduce investments in cost innovations specifically,” the researchers explain.

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7 Steps to Problem Solving

Skip Prichard

Technology change is speeding business up and providing an edge for disruptive innovators. 2: Disaggregate. Yes, we find the most common mistakes in complex problem solving are weak problem statements, poor problem disaggregation, and insufficient attention to good team norms. 7 Steps to Problem Solving. 1: Define the problem.

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How Demand Forecasting Can Boost Business Efficiency

Strategy Driven

Although there are many ways to do demand forecasting right, these key tips can help a business get more out of their investment in the practice: Remember that demand is not monolithic and try implementing a disaggregated model.

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A Brief History of Blockchain

Harvard Business Review

.” Consider what’s happened in just the past 10 years: The first major blockchain innovation was bitcoin, a digital currency experiment. The fourth major innovation, the current cutting edge of blockchain thinking, is called “proof of stake.” Proof-of-work systems are expected to go live later this year.

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From Zipcar to the Sharing Economy

Harvard Business Review

Avis has taken an interesting (and bold) step by acquiring Zipcar, absorbing an innovative but struggling competitor at what is likely to be seen as a bargain price while acquiring a small but desirable customer base and gaining a foothold in the rapidly growing world of collaborative consumption.

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The Fight Over Tesla Shows How Little Value Dealerships Add

Harvard Business Review

In disaggregated markets with many sellers and buyers and where search costs are high, intermediaries provide considerable value. The process of intermediation and disintermediation in different industries is an essential part of innovating business models. Auto industry Innovation Strategy'

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Why You Should Let a 5-Year Old Design Your Next Product

Harvard Business Review

This five-year old is able to be the inventor without also creating a company because of a product innovation company called Quirky. And, of course, this slowed innovation and restrained market outcomes. Collaboration Innovation Organizational culture' Today, a few smart people see this as "the future." Which one are you?