stop looking to the competition. Value-innovate and let the competition worry about you.

Similar W. Chan Kim quotes:

• Value innovation, not technology innovation, is what opens up commercially compelling new markets.
• innovative ideas will be profitable only if they are linked to what buyers are willing to pay for.
• Value innovation is not the same as technology innovation.
• stop looking to the competition. Value-innovate and let the competition worry about you.
• Blue ocean strategists do not seek to beat the competition. Instead they aim to make the competition irrelevant.

Other Innovation Quotes :

• The secret of change is to focus all of your energy, not on fighting the old, but building on the new.
• The competition is out to get you. Are you a moving target or a sitting duck? Innovate or die.
• The value of an idea lies in the using of it.
• When haters start to rear their ugly head, just play around with them and throw them a bone so they can go away and chew on it.
• To push the boundaries of your reality, you have to push the boundaries of your mind.
• Failure is an option here. If things are not failing, you are not innovating enough.
• The less you use your brain, the less it will be there for use when you need it.
• One of the biggest mistakes we made was trying to automate things that are super easy for a person to do, but super hard for a robot to do.
• Success doesn’t teach as many lessons as failure
• Every person has a story, but those who show discipline and start writing become authors.
• Observation is a critical activity in the innovation process to understand the context of an issue from a human perspective.
• Being right keeps you in place. Being wrong forces you to explore.
• You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.
• History is made by those who see beyond what already exists.
• Keep in mind that imagination is at the heart of all innovation. Crush or constrain it and the fun will vanish.
• Innovation is implementing new ideas that create value.
• Desperation is the best innovator
• Purpose driven technology will continue to flourish, whereas profit driven technology will either perish or destroy the world.
• Be bold in pursuing what others believe is unrealistic because this will achieve more than being bland and unimaginative.
• Disruption causes vast sums of money to flow from existing businesses and business models to new entrants.

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