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SunitaT0
SunitaT0
12/31/2014 4:07:39 AM
User Rank
Master
Re: corporate innovation.
@nasimson: I agree. Innovating an already updated technology can be frustratingly difficult because ideas do not flow at a point of time. In that aspect innovating for startups are easy because the ideas are flowing and there is no general direction where the innovation can go. Think about a house automation system. A startup that makes house automation systems can also design smart shower systems so that you can receive calls even in the shower.

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nasimson
nasimson
12/27/2014 1:09:16 AM
User Rank
Master
Re: corporate innovation.
@fasmicro:

> Those companies have core technologies that make them
> look good. I do not think it has to do with the people. Sure
> the people made the core technologies. 

Not just that they have the core technologies. They are also contuning to ADD more innovative stuff to their core technology despite the corporate structures. Innovators there have a harder time than the innovators in the startups.

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nasimson
nasimson
12/27/2014 1:05:15 AM
User Rank
Master
Re: Innovation can take on very inventive forms
@ goafrit2: 

> When an idea has not done very WELL in the market, it cannot be called Innovative. 

But what is the idea is ahead of its time. It would be innovative still despite unsuccessful commercials just beacuse the demand side or eco system was not ready.

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ue2014
ue2014
12/25/2014 10:38:46 PM
User Rank
Master
Re: corporate innovation.
Totally agree with you. While some companies really feel the necessity for Innovation and rich with ideas but held back due to financial ability, some large organizations use their financial abilities and bring innovative products to the market. The other Side of the story is that some companies just do not do any innovations and comfortable in duplicating what others does to remain in the market.

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etnapowers
etnapowers
12/19/2014 4:41:36 AM
User Rank
Master
Re: corporate innovation.
ue2014: I fully agree with you. The innovation is the only factor that guarantee the long term success of a company, whatever it is big or small. the difference between big and small companies is that big companies have the possibility to invest massively in the Research and Development activity to maintain their leadership in a particular sector.

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ue2014
ue2014
12/19/2014 12:16:01 AM
User Rank
Master
Re: corporate innovation.
@ kencoffman - >>>> A long time ago, I read a quote that said we're lucky big companies don't innovate well, otherwise there would not be any small companies. >>>> 

This concept has changed now I feel. If you wanna be in the market; whether you are small or big, the innovation is required. On the other hand, many big organizations now try to utilize their resources and try to intrduce innovatives to the market to show that they are real leaders in the market and also to maintain the gap between their close competitors too. 

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fasmicro
fasmicro
12/4/2014 8:18:13 AM
User Rank
Master
Re: corporate innovation.
>>  I don't intend my comments to be wholly self-serving because I'm not particularly innovative, but I know people who are and from afar, I admire the way their brains work

Great comment - that is my own way of thinking. I wish I have that gift, say a small piece of Elon Musk. The fact is this - I know where there are needs in this world and huge opportunities but making them happen is another thing. Imagine the developing world where people cannot have electricity. Is there a better way of providing electricity? The people that have these innovative talents are special and that is why they rule the world.

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fasmicro
fasmicro
12/4/2014 8:14:04 AM
User Rank
Master
Re: corporate innovation.
>> I wonder how companies like Google, Facebook and Apple mantain their innovative culture within rigid coroporate dynamics

Those companies have core technologies that make them look good. I do not think it has to do with the people. Sure the people made the core technologies. You can be very smart and yet not have success in the marketplace.

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ue2014
ue2014
11/11/2014 11:24:12 PM
User Rank
Master
Re: Innovation can take on very inventive forms
@goafrit2 >>>>>>>> Innovation = Invention + Commercialization

 

Could not agree with you more. I am also impressed by your quote "When an idea has not done very WELL in the market, it cannot be called Innovative.". Its a true fact. 

There is no use in an Invention if it could not be commercialized and being used by the customers is in Large. Any Invention should add value to the market and human beings as well where it could be usable in society. 

Any invention that could not be used in large will not help or benefit the society. 

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kencoffman
kencoffman
11/9/2014 3:41:22 PM
User Rank
Blogger
Re: corporate innovation.
I'm surprised and honored by the responses below from people I admire. Sanjaya has been courageously and selflessy fighting against poor management practices and everyone I've talked to appreciates his battles on the front lines as recounted in his books. One quick way to test the loop response of a system is to hit it hard and see what resonates. You folks are great resonators, thank you.

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