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7 Key Moves to Build Wealth While Others Struggle in the Next 5 Years! | Peter Diamandis PT 2
Tom Bilyeu's Impact Theory
Innovative Organizational Models for Success
The key to successful innovation lies in building new capabilities at the edge of the organization, either in adjacent or separate areas. Traditional incubator models may face immune system responses within the parent company, hindering disruptive ideas. Companies like Google X and Apple have excelled in innovation by forming small, disruptive teams at the edge of the organization, keeping them secret and empowering them to disrupt other industries. By creating separate entities for disruptive ventures, companies can achieve significant success in new markets, as seen in the case of Nestle's Espresso business. Such innovative organizational models have proven to be more effective than traditional approaches or a directive from a larger-than-life leader.
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