3 Innovation Failures Tech Health Care Legal Industries

3 Innovation Failures Tech Health Care Legal Industries

Disruption is inevitable across industries, and companies need to be agile to stay ahead. This article examines three instances of failed innovation and what can be learned from them. Kodak failed to recognize that the trend was online photo sharing and not simply digital photography. CareSync couldn't fill its niche in improving patient-provider coordination, while more agile startups filled the space. Clearspire, despite being a deliverer of legal services, disregarded the market's needs and failed to gain traction. Studying these failures can help organizations avoid making similar mistakes.

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Design thinking is becoming popular in HR as it helps in developing human-centered creative solutions in organizations, especially in improving employee experience journey.

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There are two distinct parts to any Innovation Funnel

The traditional innovation funnel is no longer effective. Instead, the extended innovation funnel is critical to success, with two distinct sides; exploration and exploitation.

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Crafting an Effective Employee Enrichment Program

Crafting an Effective Employee Enrichment Program

An effective employee enrichment program is important for a successful organization. This article discusses how to foster enrichment and measure employee engagement.

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