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Collaborative Contracts and Competitive Bidding: Not Mutually Exclusive!

BPI Thought Leadership Commentary

Can collaboration and competition co-exist to create the best contract bidding relationships? In 2012, University of Tennessee researchers began studying how organizations use competitive bidding methods. The short answer is yes. Their findings?

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The Detriments of a Command-and-Control Culture and the Power of Design Thinking

Tullio Siragusa

The Detriments of a Command-and-Control Culture and the Power of Design Thinking In the competitive landscape of modern business, the approach we take to leadership can make or break an organization. Result: Kodak’s failure to innovate and adapt to digital technology ultimately led to bankruptcy in 2012.

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Innovate or Die: Open Innovation and 4 Key Measures to Stay Alive

Innovation Walk

Traditional companies have also started to deal with a new competition since the entry of fast-emerging businesses referred to as “startups“. In fact, the velocity of obsolescence , referred to the rate of speed at which a product or service and/or the competitive advantage of it will lose its value, has dramatically increased.

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ISS Software GmbH and Wazoku partner to revolutionise the German insurance industry

Wazoku

ISS Software GmbH and Wazoku are set to transform the German insurance sector by enabling the co-creation of new solutions for insurance organisations for and in collaboration with the wider industry. The company was founded in 2012 and is growing by 80% year on year, having reached over 1,000,000 users globally.

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Building A Sustainable Future: Can Technology Help Save The Environment?

Acuvate

Besides regulatory pressure, companies know that sustainability can be a competitive advantage. A recent survey estimated that 55% of consumers consider environmental responsibility a critical factor when choosing a brand. Paper trails between departments have given way to seamlessly collaborative electronic systems.

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Pivotal Innovation Management: The Past, Present, and Future of 180° Business Changes

Qmarkets

Rising competition from Apple and Google caught Nokia out of position and led to near-bankruptcy in 2012. It can empower your company to discover what consumers want, and facilitate collaboration with different groups, such as your employers, outside start-ups or academia, to be on top of emerging trends.

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What is idea management and why is it important for any business

hackerearth

Ideas that, if materialized into innovative products or services, align with your organization’s goals, increasing revenues and keeping competition at bay. Generate ideas by encouraging all employees to collaborate to address a particular challenge statement; support voting and rating. It does sound too good to be true, doesn’t it?