Remove design-innovation
article thumbnail

Design Thinking & Human-Centered Design in Medical Devices & Pharma

InnovationTraining.org

Examples of design thinking and human-centered design in the medical devices and pharmaceutical industries. Innovation in the medical devices and pharmaceutical industries is crucial for the health and wellbeing of our communities. What is design thinking and human-centered design? Image Credit: IDEO.

article thumbnail

Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

The number of companies, which have established dedicated business model innovation units and processes is even lower. 2005) that the ´failure to adequately define the market is a key factor associated with venture failure´, we identify the definition of the target customer as one central dimension in designing a new business model.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Five ways to drive innovation from the centre

Cris Beswick

Innovation has the potential to thrive in every organisation, no matter how large or small. So why are 55% of businesses not seen as active in innovation? Here’s how you can create the right conditions to enable your people to lead and contribute to innovation-led transformation. Well, yes and no.

article thumbnail

The new version of the BMI Pattern Cards is available now

The BMI Lab Blog

The BMI Pattern Cards are a truly valuable resource for every innovator. They allow creating new business models through a process that combines both the principles of similarity and confrontation to generate new ideas, probably one of the hardest task for any innovator. It also includes some instructions to use the cards.

article thumbnail

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

The BMI Lab Blog

Let’s take a look at how the British cycling team went from zero Tour de France victories and ninety-five years without any Olympic medal by 2003 to sixty-six Olympic or Paralympic gold medals and five Tour de France victories between 2007 and 2017 (Clear, 2018). Let’s transfer these findings into the business world, what are our takeaways?

article thumbnail

11 female innovation leaders share their definition of innovation

Idea to Value

I spoke to 11 of the world’s leading female innovation experts to get their definition of “innovation” The variety in their responses may surprise you. In 2016, I wrote the article What is innovation? 15 experts share their innovation definition in order to answer the question of “What is innovation?”

article thumbnail

How to enable inclusive innovation

hackerearth

The innovation system would meet the needs of every person. Inadequacy or inaccessibility should not constrain people’s innovative ability. What is inclusive innovation? Here, the excluded groups are both producers and customers of innovations. How can inclusive innovation help address inequalities?

How To 62