3 Innovation Failures Tech Health Care Legal Industries

3 Innovation Failures Tech Health Care Legal Industries

Disruption is inevitable across industries, and companies need to be agile to stay ahead. This article examines three instances of failed innovation and what can be learned from them. Kodak failed to recognize that the trend was online photo sharing and not simply digital photography. CareSync couldn't fill its niche in improving patient-provider coordination, while more agile startups filled the space. Clearspire, despite being a deliverer of legal services, disregarded the market's needs and failed to gain traction. Studying these failures can help organizations avoid making similar mistakes.

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