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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

However, very few managers are able to explain their company’s business model ad-hoc, and even fewer can define what a business model actually is in general. The number of companies, which have established dedicated business model innovation units and processes is even lower.

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Uncharted Waters Disrupting the Corporate Boardrooms

Paul Hobcraft

In this report, they surveyed 614 global board professionals from a total of 50 countries during the period covered from November 2015 through to February 2016 and then published in February 2016. They can’t seemingly handle radical innovation and there is even more of an imperative to learn.

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The Case for Dual Innovation

Tim Kastelle

Let’s sum up some relevant findings of these studies, making the case for dual innovation management: BCG: Most Innovative Companies 2014 . Two-thirds of all breakthrough innovators stated that all innovation and product development is controlled and driven by a centralized organization, at least in its initial stages.

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Digital Transformation Combines Customer Experience and Operational Efficiency

Integrative Innovation

In 2015 and 2017, research by Peter Weill and Stephanie L. Becoming ‘future-ready’ requires changing the enterprise on two dimensions – customer experience and operational efficiency. Weill and Woerner identified four different pathways that companies took to become future-ready.

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PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

Companies disappear all the time without a word, due to changing cultural values, changing technology, or changing audience demographics. That’s precisely what you have to do if you want your company to survive. One , these companies operated in highly regulated markets. Are you safe?

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The Case for Dual Innovation

Integrative Innovation

Let’s sum up some relevant findings of these studies, making the case for dual innovation management: BCG: Most Innovative Companies 2014 . Two-thirds of all breakthrough innovators stated that all innovation and product development is controlled and driven by a centralized organization, at least in its initial stages.

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Distinct Approaches to Business Model Innovation

Integrative Innovation

(amended, 2015-05-03). Business model innovation (BMI) is becoming ever more important as it turns out increasingly difficult for companies to differentiate based on products and services alone. Moreover, a business model has to fit a company’s unique combination of strategy, culture and competencies in order to succeed.