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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).

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Companies that last through recessions share this marketing tactic

Brunner

economists predict another recession is due by the end of 2020, according to a survey from the National Association for Business Economics last year. If you ask Jeff Shill, the creative director at ad agency Brunner, that means building a marketing strategy heavy on emotion. Two-thirds of U.S. Some stop advertising. At the core.

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Top 3 Alternative Assets for your Business Innovation Strategy

Qmarkets

In this blog, we will share the additional ‘innovation assets’ that many companies are yet to include in their business innovation strategy. This can result in the formation of ideas for new products and strategies, which ultimately can create competitive advantage and deliver incredible ROI.

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How to Keep Innovating in an Economic Downturn

Innov8rs

As McKinsey points out , organizations that focused on innovation even during the 2009 crisis, outperformed the market average by 30% and their growth continued to accelerate the following years as well. They successfully emerged from the crisis in 2007 through a series of bold decisions from leaders who embraced innovative thinking.

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

Qmarkets

Developing a strategy here is key in creating an efficient and cost-effective idea generation process, but how should you approach this? In this blog we will share how crowdsourcing, incremental, and breakthrough innovation can be used as part of your NPD strategy throughout the FFE stage.

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How to create a scalable strategy in the midst of the COVID-19 crisis

mjvinnovation

Companies had to take extreme measures to adapt their processes and recalibrate their strategies. Even before the pandemic, entrepreneurs already had a difficult time remaining relevant in an increasingly competitive market. This guarantees your foothold in the market for much longer. What does it mean to be scalable?

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What you need to know about India Innovation Growth Programme 2.0

hackerearth

Initially set up by Lockheed Martin Corporation, Industry Chamber FICCI and the IC 2 Institute at the University of Texas, Austin in 2007, IIGP has continued to nurture brilliant ideas and concepts from innovators across the country in the ten years since. Established by the Department of Science and Technology (Government of India), IIGP 2.0