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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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Future-Proofing Financial Market Innovation – Fighting Digital Disruption with Digital Disruption

Qmarkets

These new technologies lead to innovations, often creating new markets and value markets that can impact the established leaders in the industry. To counter the threat of disruption, financial organizations must innovate in order to stay ahead of the competition. Global Financial Market Innovation Best Practices.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

In the course of this first month of 2016, I was asked a couple of times what my prospects are for the year ahead when it comes to key innovtion issues. This requires companies to proactively or reactively innovate their business models in order to remain competitive. Cases in point: Lego and Burberry.

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Invest in Innovation Skill Building

Gregg Fraley

I thought by this year in history (2016) everyone in the business world would have a clue as to how to do ideation (aka brainstorming) properly. It’s a glaring missing ingredient in staying competitive. Wide open questions will get you thousands of ideas — mostly bad ideas. Wow, not even close.

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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

Research confirms: development of exploration in parallel to exploitation capabilities proves to be mandatory for established companies in order to compete successfully and sustainably. One way for established organizations to strengthen exploration is by developing internal capabilities in order to overcome their inherent inertia.

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Dow and DuPont – Nobody wins when transactions replace leadership

Adam Hartung

From humble beginnings, DuPont became well known as a leader in Research & Development, a consistent leader in patent applications, and the inventor of products that proliferate in our lives from nylon to Teflon pans plastic bottles to Kevlar vests. And it is too bad the leadership wasn’t in place to save it.

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Why Financial Organizations Must Fight Digital Disruption with Digital Disruption

Qmarkets

These new technologies lead to innovations, often creating new markets and value markets that can impact the established leaders in the industry. To counter the threat of disruption, financial organizations must innovate in order to stay ahead of the competition. The Issue of Information Security.