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Business Model Innovation Basics Series - Part 2: Why Business Model Innovation Matters

The BMI Lab Blog

Learnings from sports competitions Competition in business is similar to sports competitions – there are winners and losers. It also explains why prominent firms, which have been known for their innovative products for years, suddenly lose their competitive advantage?

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How Chief Innovation Officer (CINO) may replace the traditional Chief Information Officer (CIO)

hackerearth

The 2018 Gartner CIO Agenda Survey demonstrates that technological innovation and digitalization are changing the way CIOs work. Technological advances necessitate CINO roles. When the Internet arrived 20 years ago, it necessitated roles such as the Chief Technology Officer (CTO) and Chief Information Officer (CIO).

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11 female innovation leaders share their definition of innovation

Idea to Value

In 2016, I wrote the article What is innovation? As one of the world’s top experts on innovation and growth, Rita’s work is regularly published in the Harvard Business Review. Innovation must be rooted in improving competitive advantage, customer needs, employee expectations and now, sustainability. Rita McGrath. Tiffani Bov a.

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What is Innovation in Business and How Can it Build Business Longevity?

Qmarkets

In this blog we’ll endeavour to cut through the noise and give you a full overview of how organizations innovate, why they choose to adopt the practice, and what they achieve out of it. The Amazon Prime scheme has since resulted in 200 million members 10 across the globe and in 2016 a revenue of $6.4billion – all from one employee idea.

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Mapping the customer journey is the top driver for digital transformation

Paul Hobcraft

A recent Altimeter report “ the 2016 State of Digital Transformation ” discusses these problems, along with many others. With the runway for disruptive technologies still ahead (e.g., The vital map of the customer journey. There is some real catching up taking place to justify any transformation. In summary.

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What you need to know about India Innovation Growth Programme 2.0

hackerearth

According to a 2016 Capgemini study , India was the best innovation destination in Asia and the third best in the world. Established by the Department of Science and Technology (Government of India), IIGP 2.0 This year’s edition was launched in March 2018. launched in 2017) has a funding of $2 billion and will go on till 2019.

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Please forget best practice, it is all about next practice

Paul Hobcraft

Here lie a true competitive component and so many organizations seek to apply someone else’s practice, so they can end up as “same” practice. We are facing such an unprecedented change and technology is re-writing the rule book in everything we are going to do. Technology and digital are changing the business dimensions significantly.

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