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

The BMI Lab Blog

It can be defined as a holistic view of a company's bundle of products and services that are of value to the customer (Osterwalder 2004). Radical innovations are similar to evolutionary innovations - but the leap of innovation is more comprehensive. 2008), or, more simply, the value proposition (Teece 2010).

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Organizing for Simultaneous Innovation Capability – key findings from +1,000 companies, republished from Drucker Forum 2016

Innovation 360

Another source on the theme, O’Reilly III and Tushman (2004) , talks about being able working ambidextrously with incremental and radical innovation at the same time. The insight of dividing innovation work into different Horizons in order to manage it effectively is, in my experience, often well known at C-level.

Company 40
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Organizing for Simultaneous Innovation Capability – key findings from +1,000 companies, republished from Drucker Forum 2016

Innovation 360 Group

Another source on the theme, O’Reilly III and Tushman (2004) , talks about being able working ambidextrously with incremental and radical innovation at the same time. The insight of dividing innovation work into different Horizons in order to manage it effectively is, in my experience, often well known at C-level.

Company 40
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When innovation led to a reversal of fortunes

hackerearth

In 2004, CEO Knudstrop embarked on a back-to-the-basics journey, and went from a loss of $292 million that year to a profit of $117 million in 2005. The Chinese company’s radical innovation approaches brought it back from the brink of bankruptcy in the 1980s, with a debt of over CNY ¥1.4 Bionicle” was the only saving grace.