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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. You don’t need to “reinvent the wheel” for small but innovative changes in your business model, instead get inspired by existing concepts in other industries and apply them to your business model.

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The New Game Or Is It? Asset Orchestration

Paul Hobcraft

They might be operating at the two ends of the current internet trading spectrum and are coming from different market maturity positions but it is the asset management that is becoming critical for delivering the profit or dragging performance. I quote “I’d say Amazon are “ asset heavy ” whereas Alibaba remains “asset light”.

Resources 157
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How to Keep Innovating in an Economic Downturn

Innov8rs

We’ll also provide a series of practical tips and examples that can help address the changes, embrace new opportunities, and navigate these challenging times. Competitive Advantage In all circumstances, leaders will and should have strategic priorities on top of their minds. So, without further ado, let’s get to it.

How To 105
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Understand Trends, Identify Strategic Fields of Innovation and Create something entirely New

ITONICS

Change is the new normal. Evolving markets, new demands, standards, and values, as well as ever shorter product life cycles, require a high level of adaptability on the part of the companies. Taking the information overload into account, it is becoming increasingly difficult to actually identify important changes. Literature.

Trends 48
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Leading Experts Share Challenges in Human Resources During the Pandemic and Trends in Employee Health and Wellness

Business and Tech

During the pandemic, the relationship between employers and employees has changed dramatically. HR professionals have to keep up with the changing environment, especially with the increase in popularity of hybrid work. Chris McLaughlin Chief Marketing Officer, LumApps. Wellbeing isn’t just a perk; it’s a competitive advantage.

Resources 130
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The Role of Innovation in New Product Development: Three Approaches for Success

Qmarkets

Crowdsourcing allows businesses to target internal and external participants to share their ideas and suggestions via questionnaires, competitions, promotions, and other methods. Had these manufacturers taken on Dyson’s prototype they would have had a breakthrough product in their market.

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A brief history of work, innovation and skills in the UK

Wazoku

The need for people and organisations to innovate has always been there but what’s much harder to comprehend, and therefore navigate, is the rapid pace of change we’re experiencing, on a scale we’ve never seen before. Promoting change of any kind was seen as a threat to the established order. A new era of work and technological change.