Remove Disaggregation Remove Innovation Remove Marketing Remove Productivity
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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

Macro Demand Forecasting: The “big picture” demand forecasting technique that looks ahead at broader market conditions to help plan a business’s overarching strategies. Break down demand by demographics, product lines, regional differences and any other statistical segments that matter. Diversify forecasting methods.

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

Harvard Business Review

Even though he''s only five years old, that product will one day be on the shelves of your local Bed Bath and Beyond, or Target. This five-year old is able to be the inventor without also creating a company because of a product innovation company called Quirky. And by "market" we mean 188 retail partners. Even cars?"

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The Fight Over Tesla Shows How Little Value Dealerships Add

Harvard Business Review

Let’s look at whether these functions are needed in the car market: Search and discovery: In the same way eBay helps turn one person’s junk into another person’s collectible or AirBnb makes your empty guest room a hotel room, intermediaries can help buyers find sellers. But the car market is no longer like this.

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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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5 Questions That Will Help You Stay Ahead of Your Disruptors

Harvard Business Review

Stagnant growth in its core PC market recently led Intel to announce layoffs of roughly 12% of its workforce. The company will also eliminate a key chipset in the difficult tablet and smartphone market. That process was quickly fixed — and illuminated the pathology of valuing productivity metrics divorced from UX.

Levitt 8
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How To Really Measure a Company's Innovation Prowess

Harvard Business Review

Who is the world's most innovative company? Last year , number crunchers at Forbes found that Salesforce.com is the company with the highest "Innovation Premium" baked into its stock price. Perhaps a company's ability to innovate doesn't last long. There's no doubt: measuring "innovation" is a fuzzy business.