Microsoft created and dominated the personal computer world. But users tired of unnecessary updates, especially as they shifted to mobile platforms that had advantages the PC could not match. Microsoft’s relevancy waned. Meanwhile Amazon.com rapidly moved from innovation to innovation, pioneering not only new products but entirely new business models that have shaken retail, distribution and consumer goods industries to their core. Leaders make choices. Is your future going to be a slide into irrelevancy, or are you going to innovate to grow? Understand how to resource your future to adopt market shifts and innovate for growth.
Takeaways:
WalMart is the world’s greatest retailer – bigger and better than anyone before. But Walmart’s future is in the hands of innovator Amazon, who changed the game. Being good at what you’ve always done isn’t worth much when it is so easy for innovators to change the rules. Learn how to avoid being caught off guard, and instead be a fast-adapting organization that leverages innovation to grow and succeed.
Takeaways:
Every super hero has a weakness. And competitors figure it out fast. Sears, Blackberry, Hostess Baking – they were the best at what they did, until competitors destroyed them. Today’s new superheroes are destroyed as fast as they are born – Blackberry, mySpace, Sirius/XM…. Tomorrow’s winners are modeled on Netflix and Facebook – not trying to be Superman. Instead they pivot – adapt — transforming rapidly to meet changing customer needs using the latest trends so they don’t become obsolete. Learn how you and your organization can be flexible to grow in an ever-changing marketplace
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