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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). The spectrum of triggers for changes in the current business model is broad.

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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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Congressional testimony on higher ed: Allow for innovation, incentivize student outcomes

Christensen Institute

There’s a saying in efficient markets for goods and services. They were designed originally as peer-review organizations to determine what is a college and to help institutions improve. What would a better market look like? Taxpayers are as well. The customer is always right. What they demand is ultimately met.

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

Qmarkets

If an idea gains 10,000 supporters (or votes) from other members, it is considered for production in a ‘Lego Review’. This occurs 3x a year and is held by the ‘Lego Review Board’ consisting of designers, product managers, and other key team members. Here Lego have created a continuous process of generating a pool of new ideas.

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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

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

Wazoku

Advances in mechanisation, mass production and, more recently, technology have shaped where and how we work, as well as what we produce. A new era of work and technological change. New technology in the home made it easier for women to do paid work, relieving them of time-consuming housework.

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Successfully Merging Theory and Practice in your Innovation Program

Qmarkets

Eric Gabas-Varini is the Partner and Co-Founder of Innovation Framework Technologies, a consulting firm which was founded in Paris, but has since established regional offices in the United States, South Korea & Japan, with a network of associate offices in Latin America and the Middle East. Merging Theory and Practice. Pitfalls to Avoid.