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Business Model Innovation: 5 Frameworks for Success

Qmarkets

The Business Model Canvas Developed by Alexander Osterwalder and Yves Pigneur, the Business Model Canvas is a visual chart with elements describing a company’s value proposition, infrastructure, customers, and finances. It offers a straightforward way to understand, design, and pivot your business model.

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How Schibsted Media Group Used Empathy and Evidence to Validate New Ideas

Moves the Needle

From that information, we were able to plan out what a couple of sprints might look like in order to help employees and leadership understand the Lean Innovation process and increase the frequency of making decisions based on evidence. “ ” — Thais Cunha, Project Coordinator, Bomnegocio.com.

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Pirates in the Navy Book Excerpt

InnovationTraining.org

When you are trying to create a repeatable innovation process, you can’t just start anywhere by doing random activities. As such, the first question for you to answer is – how ready is your company to support and nurture innovation? So before launching our innovation projects, we have to discover the lay of the land.

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How to Succeed at Opportunity Discovery

Moves the Needle

The buyer might be a local owner or manager, or could be a corporate finance person who manages purchasing for restaurant chains. With an h/t to Tony Ulwick for his outcome-driven innovation process, Jobs-to-be-Done (JTBD) is a disciplined way of establishing customers’ needs in their quest to accomplish something, i.e., a job.

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The core principles of Leading FOR Innovation

Cris Beswick

Suppose we switch our focus and understand the value of building the capability and culture to deliver genuinely innovative solutions. In that case, we shift to a focus on fostering a culture where the seeds of originality are sown in every department, ranging from product development to HR, finance, and sales. Is there a better way?’

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Office of Naval Research (ONR) Goes Lean

Steve Blank

The Office of Naval Research (ONR) has been one of the largest supporters of innovation in the U.S. Now they are starting to use the Lean Innovation process (see here and here ) to turn ideas into solutions. The result will be defense innovation with speed and urgency. Lean Innovation is a Process.

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Improvement vs Innovation: Which Is Better For your Business?

Qmarkets

The benefits of innovation include increased revenue, profits, brand recognition, market share, competitiveness, and productivity. The three main types of innovation are product innovation, process innovation, and business model innovation. Product Innovation. Process Innovation.