Huge Benefits of Being the First In To the Market

It's much easier to get into the mind of consumers and get perceived as the leader if you are the first to launch a new category of products. Further, the first in to the market has the opportunity to create a new category name and establish a new industry standard.

Inspire, Motivate and Empower the Team

Cultivate a burning desire to win the race. Establish cross-functional teams to increase innovation speed via real-time involvement of all relevant functions.

Simulation Games

Entrepreneurial simulation games, such as Innoball, help innovators reduce time to market significantly. Just one simulation game helps an innovation team to avoid costly and time wasting mistakes, develop better strategies, enhance entrepreneurial creativity of the team, strengthen the business model, and reduce time to market Ė all within three hours.

Launch Early

Donít wait until everything is perfect. Launch a truly innovative product early even if it has some shortcomings. By launching before your competitors do you gain two big advantages of being the first in the customerís mind, and getting more enthusiastic customer feedback. Youíll enjoy these two big advantages even if you launch not a full-scale show, but in a small beta test before releasing new features widely.

     

 

Peter Drucker on Innovation

Don't undershoot, or you will simply create an opportunity for competition.

Peter Drucker

Jack Welch on Innovation

Shun the incremental, and

look for the quantum leap.

Jack Welch

GE

Larry Page innovation entrepreneurship quotes Google

It is often easier to make progress on mega-ambitious dreams since you have little competition.

Larry Page

Google

Vadim Kotelnikov on innovation

Average ones compete with others;

great ones compete with themselves.

Vadim
Kotelnikov

Innompics

 

 

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Synergistic Innovation - radical and incremental

Innovation Team: 6 Key Features Cross-functional Innovation Teams Innovation Is Love Team Emfographics Innovation Team: 10 Tips Strategic Alignment Synergistic Team  Innovation Footbal: Team Assessmen Commitment Innovation Team quotes Innovation Team - 6 Key Features

Synergy Innovation    MBS >> Synergize Diversities    Systemic Innovation

Stand Out from the Competition  >>  Fast To Market