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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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Options-based Strategy: An Approach for Uncertain Times

The Inovo Group

How do you create a company that can adapt, respond, and reinvent itself to become stronger in both good times and bad? What is needed is a new strategic framework that serves both the current, increasingly competitive, situation as well as providing a strategic path through an uncertain future. Michael Raynor.

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11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

As opposed to entrepreneurship, entrepreneurial thinking is not necessarily bound to entrepreneurs (to be); it is an essential skill for ‘strengthening human capital, employability and competitiveness’ (Bacigalupo et al., Entrepreneurial thinking is described as having an entrepreneurial expert mindset (Krueger, 2007). Krueger, 2007).

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50 what-if questions to reimagine the future

Board of Innovation

What if you were charged a fee for delivering a bad customer experience? The manufacturing industry is becoming increasingly capable of creating small batches (or even single units) of personalized products at very competitive prices. What if you were charged a fee for delivering a bad customer experience? More ambitious?