What Can Newspapers Learn From Apple?
The Economist has an article about Apple, a company the magazine calls "California's master of innovation." Their success comes at least in part from their ability to hew closely to the classic principles of disruptive innovation, including:
- A relentless focus on the customer -- what you might call an obsession with "Jobs" to be done (sorry);
- No corporate ego about where good ideas come from. "Not invented here? No problem."
- A willingness to start small and look to future growth ("earn a little, learn a lot");
- The ability to "fail wisely," or, in Newspaper Next terms, "fail fast and cheap."
Read the full article here.
