New products and services can enter your market from other directions, each distinct in terms of how, where, and when it affects your business. These are market dislocations — radical breakaways from the existing market that occur when a company introduces a business model or a product that sits apart from those of competitors.
Clearly, not all upstart threats are alike — and misdiagnosing your new … [ Read more ]
Content: Article | Author: Alexander Kandybin | Source: strategy+business | Subjects: Innovation, Strategy
Each company has an intrinsic innovation effectiveness curve. Here are three ways to lift it.
Content: Article | Authors: Alexander Kandybin, Martin Kihn | Source: strategy+business | Subjects: Innovation, Management