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

The BMI Lab Blog

Learnings from sports competitions Competition in business is similar to sports competitions – there are winners and losers. It also explains why prominent firms, which have been known for their innovative products for years, suddenly lose their competitive advantage?

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Digital transformation examples

Board of Innovation

Learn how to start small: the art of minimum viable products. Sector: Oil & Energy Company: Eaton Learn more: Source Freemium Remote sensing Anomaly detection GE using 3D-printing to make parts for it’s new Leap Engine. Sector: Machinery Company: Caterpillar Learn more: Source Pay-per-lux leasing program sold to eg.

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Third Place and the Starbucks empire: the user experience at the heart of strategy

mjvinnovation

Oldenburg saw these spaces shrink in the United States during the post-war decades, as residential areas – suburbs – became devoid of public meeting places, and lives became more competitive and private. That is, people learn by observing and practicing hands-on, receiving constant feedback from their customers.

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Open Strategy: Mastering Disruption From Outside The C-Suite

Innov8rs

During our recent Innov8rs Learning Lab on Innovation Strategy, Leadership, Governance and Portfolio Management, Christian Stadler (Professor of Strategic Management at Warwick Business School and bestselling author) presented a revolutionary approach to strategy. This principle can be applied to the corporate world as well.

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4 Companies Leading the Way in Customer Experience

Planview

What can we learn from the experiences they provide their customers? They use conversations with their customers as a method to learn and improve. The expectations of millennials (born between 1982 and 2002) differ from previous generations. So what makes these leading brands stand out from the rest?

Company 45
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Disrupting Markets – Why PayPal Is Worth More Than Ebay

Adam Hartung

in 2002 , in order to grease the wheels for faster ecommerce growth. eBay has run into stiff competition, as CraigsList has grown to take over the “garage sale” and small local business ecommerce. Many customers simply had no card, or didn’t trust giving out the information across the web. And it worked marvelously.

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4 Companies Leading the Way in Customer Experience

Planview

What can we learn from the experiences they provide their customers? They use conversations with their customers as a method to learn and improve. The expectations of millennials (born between 1982 and 2002) differ from previous generations. So what makes these leading brands stand out from the rest?

Company 40