Remove 2002 Remove Change Remove Disruption Remove Strategy
article thumbnail

Open Strategy: Mastering Disruption From Outside The C-Suite

Innov8rs

Innov8rs | Making strategy behind closed doors is a prescription for failure when disruptions are coming from all directions. Formulating and executing a sound organizational strategy is complex. Strategy is often made by elite teams and can thus be limited by their biases about competitors, customer needs, and market forces.

article thumbnail

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

The BMI Lab Blog

Magretta, 2002). WHO – Every business model serves a certain customer group (Chesbrough and Rosenbloom 2002; Hamel 2000). Magretta 2002). A business model innovation is defined as the conscious change of at least two dimensions of the introduced “Magic Triangle”. And what does the customer value?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Become proactive instead of reactive with Future Designs

mjvinnovation

Methodologies may vary, but one of the things almost all of them have in common is that they base their strategies by building different future scenarios, with different uncertainties and variables. program, published a brilliant model of social change stories in an obscure journal, Perspectives on Cross-Cultural Psychology.

Design 59
article thumbnail

Has COVID-19 led us into a Collapse scenario?

mjvinnovation

Methodologies may vary, but one of the things almost all of them have in common is that they base their strategies by building different future scenarios, with different uncertainties and variables. program, published a brilliant model of social change stories in an obscure journal, Perspectives on Cross-Cultural Psychology.

article thumbnail

A brief history of work, innovation and skills in the UK

Wazoku

The need for people and organisations to innovate has always been there but what’s much harder to comprehend, and therefore navigate, is the rapid pace of change we’re experiencing, on a scale we’ve never seen before. Promoting change of any kind was seen as a threat to the established order. A new era of work and technological change.

article thumbnail

Spotting Innovation Opportunities

ITONICS

Disruptive technologies or innovations boost new business models that change the game of existing industries like the space industry (SpaceX), the music industry (Spotify), the film industry (Netflix) or the banking sector (FinTechs), just to name a few. Is there a pattern for disruption & breakthroughs?

article thumbnail

Innovation Networks – Needed Now More Than Ever

The Inovo Group

Today’s VUCA world (Volatile, Uncertain, Complex and Ambiguous) requires that companies form robust knowledge networks to have any real hope of delivering the innovations, especially transformational innovations, that are needed for the growth which they aspire to or to prevent disruption from new entrants. How should we change?