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7 Steps to Prepare Your Business Model for Post-COVID-19

The BMI Lab Blog

This first step helps you to get a 10-000-foot-view to understand and discuss which areas of your business model might be harmed or strengthened by different scenarios. Step 2: Update Your Business Ecosystem The second step involves updating your business model, based on change drivers impacted by the pandemic. Where is action needed?

Roadmap 89
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PESTLED360: Iron Out Key Driving Forces in Your Current Environment and Anticipate Future Ones

Innovation 360 Group

Do you have a roadmap for its short- and longer-term implications? Understanding your external context and the global key drivers impacting your organization prepare you for change. Each force can have both positive and negative impacts, so it is important to understand the reasons why by drawing on a diverse set of stakeholders.

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Mapping the customer journey is the top driver for digital transformation

Paul Hobcraft

In a good visual, they illustrate the severity of the digital transformation challenges: finding that 71% struggle to understand behaviours or impact of a new customer; 69% cited the lack of data or ROI to justify the value of data transformations; and 67% on the risk management, compliance and /or legal implications. In summary.

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How to setup an ‘innovation team’

hackerearth

But, to reach this point, you will have to go through a challenging transformation phase, which is expected to have a significant impact on your company. The strategy and the roadmap towards the desired innovation-driven mode are critical. The post How to setup an ‘innovation team’ appeared first on HackerEarth Blog.

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Top 10 Product Development and Innovation Management Predictions for 2024

Planview

The trends outlined in this blog offer a glimpse into the future of product development and some exciting opportunities for product-driven companies to achieve real ROI regarding cost savings, efficiency, productivity, digital transformation benefits, and employee satisfaction.

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7 Habits of Highly Innovative Companies

ITONICS

The impact of such external random rewards is not likely to last long. Even if a badge or a bonus could be applicable for people in big corporations, that might not be the scenario for a startup environment. To reward your high performers, just giving more money or some physical gift is so yesterday.

Company 57
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How companies are innovating in the energy sector

hackerearth

An integral component of our everyday lives, energy powers almost everything at home, at work, and elsewhere and has a direct impact on the standard of living. The following image from a 2016 World Energy Council report wonderfully summarizes factors that have shaped energy scenarios. Overview of the sector. Source: Accenture Strategy.