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Is Timing That Important To Innovation?

Is Timing That Important To Innovation?

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Page 1: Is Timing That Important To Innovation?

Is Timing That Important

To Innovation?

Page 2: Is Timing That Important To Innovation?

Many entrepreneurs and business owners

believe that an innovative idea alone is all

it takes for their business to make a break

in the marketplace and achieve huge

success with huge recognition

Page 3: Is Timing That Important To Innovation?

Let’s be honest: if the

timing of your idea is

terrible, you are not

going to get anything

Page 4: Is Timing That Important To Innovation?

Case Study: GO Corporation

Page 5: Is Timing That Important To Innovation?

• In the 1980s, Go Corp was one of the

leaders in the market for touch computing

• One of the few pen computing companies

that offered tablet computers with styluses

• Shut down in 1994

Page 6: Is Timing That Important To Innovation?

What Went Wrong?

Page 7: Is Timing That Important To Innovation?

Tablet computers with styluses

innovative idea but too ahead of its time

bad timing leads to failure

bankruptcy

Page 8: Is Timing That Important To Innovation?

Idea does matter, but it’s not the most

important thing to a business’s success

Page 9: Is Timing That Important To Innovation?

With bad timing, no good idea can bring you

the success you want

Page 10: Is Timing That Important To Innovation?

The best way to really assess timing is to

really look at whether consumers are really

ready for what you have to offer them

Page 12: Is Timing That Important To Innovation?

Questions, Comments or Clarification?

Contact: Maverick Mentoring For Business

Email: [email protected]

Phone: 61 3 9005 8275