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Lateral Thinking in Business Strategy

Destination Innovation

How can you differenitate your business from the competition? This clever move diversified their platform and added a new dimension to the travel industry. Let’s look at some examples of lateral thinking in business strategy and innovation. Nintendo Wii’s Motion Controls : What radical feature can we add?

Strategy 169
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Choosing your direction of travel

Paul Hobcraft

They are not yet at the point of being digitally effective to turn what they have into real competitive advantage as they lack the capabilities in big data analysis and those algorithms that reveal ground-breaking innovations, Are they hanging on in the belief they will become digitally transformed eventually or just deluding themselves?

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Growing a Business in the UAE: A Guide

The Human Factor

Notable projects include the Dubai Metro , Etihad Rail, and the expansion of airports and seaports, all of which enhance connectivity within the UAE and beyond. The government’s investment in smart city initiatives and renewable energy projects also underscores the UAE’s commitment to sustainable growth.

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Innovation Department Best Practices: A Talk with Peter Berger

IdeaScale

As an innovation director, Berger is working on projects that include the development of an all-electric vertical take-off and landing (VTOL) aircraft to be used for short-distance air travel with the ease of hailing an Uber. Push the boundaries, but don’t forget where your competitive advantages are.

Ideation 196
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Transform Your Organization with Process Innovation

IdeaScale

Finding a better way of accomplishing necessary business tasks is low-risk, can lead to other types of innovations, and helps companies maintain and sharpen their competitive edge. Another example could be a centralized project management system that allows authorized users to document progress in a centralized location.

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Building Capacity for Breakthrough Innovation

Innov8rs

Innov8rs | Breakthrough innovations are characterized by their ability to disrupt or redefine the competitive landscape, often rendering existing solutions obsolete. This involves creating a supportive infrastructure that can handle the ambiguity and uncertainty inherent in radically innovative projects.

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A pathway to building more dynamic innovation capabilities

Paul Hobcraft

Why we must travel this critical path for Innovation. The different rivalry types: internal and external, inter-department, inter projects, and working through resolutions to these. Entering into Competitive Battle – the Dynamics of Rivalry, the Uniqueness of You. Measuring the tougher parts of intellectual capital.

Resources 214