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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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You need a red team, not a red pill

Jeffrey Phillips

Where innovators go wrong What a good red team investigation could do for innovation teams is to identify assumptions that are subject to a lot of variation, research that is a bit suspect or limited, unexpected competition or future shifts in customer needs or behavior that were ignored or overlooked.


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What Does a Chief Innovation Officer Do?


In this survey from 2015, researchers report that 43% of large companies have some sort of top innovation executive in place, which was up from 33% in 2011. We continue to see more and more Chief Innovation Officers at the enterprise level. But what does a Chief Innovation Officer do? Well, here are a few of their responsibilities.

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Creating Innovation Connections as the Customer Advocate


They did just that, and by 2011, e-books sales surpassed sales of print books. In fact, by April 2011, Amazon became the world’s largest e-book retailer. As the customer advocate, you’ll need consistent habits that help you: Stay informed about customer satisfaction and the competitiveness of your offerings.

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71 Innovation Methodologies

Open Innovation EU

Focus stage: Maturity Published: 2011 more…. Focus stage: Early-stage Published: 2011 more…. Focus stage: Early-stage Published: 2011 more…. Design Competitions. Focus stage: Maturity Published: 2011 more…. Innovation Cycle (Avans). Focus stage: Growth Published: 2013 more…. The Lean Startup (Ries).

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Shifting innovation from a vague buzzword to a mechanism of progress

Christensen Institute

In early 2011, during my first dialog with Clayton Christensen, I asked him, “Who is the most innovative company in the world, and what causes you to say that?” In order to deliver consumer delight, the unit of analysis and competition needs to move from a product or service to a business model. He immediately answered Intuit.

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Vote for Brainzooming as Top 2016 Innovation Blog on @IXChat


The annual Top Innovation blogging competition is one area where I do ask for help! Related posts Vote for Brainzooming as Top 2014 Innovation Blog on @IXChat Top Innovation Bloggers of 2011 – Brainzooming Needs Your Vote! Please Vote Today for Brainzooming as a Top 2016 Innovation Blog! Your votes count, so please vote today!