The BMI Lab Blog
JUNE 29, 2022
The number of companies, which have established dedicated business model innovation units and processes is even lower. Magretta, 2002). WHO – Every business model serves a certain customer group (Chesbrough and Rosenbloom 2002; Hamel 2000). Magretta 2002). The object of innovation 2.
Innov8rs
MARCH 26, 2023
Innov8rs | Making strategy behind closed doors is a prescription for failure when disruptions are coming from all directions. This approach to strategy-making can lead to two major problems: Firstly, the ideas generated this way may not be innovative or inspiring. Formulating and executing a sound organizational strategy is complex.
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Linda Bernardi
OCTOBER 21, 2022
Every disruptive technology is greeted with doubt, skepticism, and rejection. In 2002-2005 when as the founder of my startup ConnecTerra Inc, by all accounts the world’s first official IoT company, I started talking to folks about how everything would get on the internet and the economy would be shifting.
Integrative Innovation
MAY 26, 2014
There is a lot of dicussion around how customer orientation effects innovation. The most extreme assertion is to “ignore the customer” in order to not becoming distracted from true innovativeness by getting too close to customers, limiting innovation to incremental new offerings. A research paper by V.
Destination Innovation
MAY 17, 2016
Amazon pioneered many innovative practices such as recommending what customers would like based on an algorithm which compared previous buying patterns with those of other consumers. The company continued to experiment and innovate in a remarkable number of fields. Not all the innovations succeed. Lessons for Innovators.
ITONICS
JULY 30, 2018
A strategic innovation field, let’s call it “ opportunity space ”, can be found by connecting all the dots between bits of diverse information you already know and put them together in a way that breaks a pattern. So why is it so very important to take this upstream step in the innovation process? The Innovator’s Dilemma.
The Inovo Group
MAY 23, 2017
Innovation Networks are no longer an option for large companies. An internal innovation network today can be the T-shaped entity of an organization that can effectively bring new knowledge, both know-what and know-how, into the company. This company is optimized for operational excellence but has the mandate to innovate.
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