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Tuesday, March 27, 2012

Creativity is an asset

The biggest asset we have is our creativity. Businesses must constantly innovate or die. 

Companies that didn't innovate followed those who took over their market share via innovation:

Hollywood Video > Redbox and Netflix
Blockbuster > Redbox and Netflix
Microsoft > Apple
GMC > Toyota
Sony > VIZIO
Apple > soon to be Google

Here is a simple diagram of a companies "real" life cycle. 

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