article thumbnail

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

The BMI Lab Blog

Let’s take a look at how the British cycling team went from zero Tour de France victories and ninety-five years without any Olympic medal by 2003 to sixty-six Olympic or Paralympic gold medals and five Tour de France victories between 2007 and 2017 (Clear, 2018).

article thumbnail

Spotting Innovation Opportunities

ITONICS

It is an advantageous space to innovate and grow in and builds the starting point for the development of ideas for products, services or new business models. Instead of feeling powerless or even threatened by the current developments, companies have to go out and search for their own disruptive innovation power.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Innovation Networks – Needed Now More Than Ever

The Inovo Group

“This new mode of organization—a ‘network of teams’ with a high degree of empowerment, strong communication, and rapid information flow—is now sweeping businesses and governments around the world.” – Gen. Functions are partitioned into R&D, Marketing, Operations and other disciplines. Sense and sort signals – strong and weak.

article thumbnail

Why Resilient Companies Embrace Strategic Innovation

Legacy Innovation Group

In their unceasing quest for market leadership, these firms have embraced the constant and relentless hunt for "what's next"⃜ for the next innovation that will advance their markets to the next stage. But in order to be resilient, companies – like cities – must be proactive in developing a plan of attack.

Company 40