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Innovation or ERP: which path will digital transformation follow?

Jeffrey Phillips

From all of this interaction, I've been wondering which management phenomenon digital transformation will be more like: the ERP adoption of the 1990s or the innovation phase from 2005-2015 or so. Accelerating Existing Processes/Enterprise Capabilities 1. All three of these ideas are important. Organizational Strategy and Commitment 2.

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

The BMI Lab Blog

In 1994 Peter Drucker defined business models as “stories that explain how enterprises work” and answer the age-old questions of Peter Drucker’s Theory of Business – “Who is the customer? According to the degree of innovation, innovations can be divided into evolutionary and disruptive innovations. And what does the customer value?

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Sustainable Innovation: Explanation and Examples

IdeaScale

Compared to innovation in general, sustainable innovation is more disruptive, fueled by a better rationale, and is more collaborative. Sustainable innovation is disruptive because it can result in better business models, improved processes, streamlined resource flows, reduced waste and cost, and the creation of new market segments. .

Examples 130
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Pfizer Launches New Startup: A Growth Trend in Enterprises

Planview

A growth trend in the enterprise. If you look at a company like Google (circa 2015), they purposely restructured the company and launched Alphabet (their parent company) in order to allow divisions – like Google, X, and Sidewalk Labs – to operate independently.

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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. Woerner surveyed several hundred enterprises, examining both the capabilities needed for digital business transformation and the impacts on performance. Weill and Woerner identified four different pathways that companies took to become future-ready.

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Solar disruption

Innovation 360 Group

All of them believed to be solved by disruptive innovation. In China today, around 70 percent of electricity generation is via coal, but solar targets there are likely to continue increasing as the country faces its pollution problems, Deutsche Bank said in a note Feb 2015. How will the oil industry respond to that disruption?

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The benefits of participating in cross-sector innovation ecosystems

Ecosystems4Innovating

Take a read, it is well worth it, its value then, 2015 has only matured in my mind. One question asked in the Silicon Valley piece was “Why should enterprises give up transactional approaches in favor of dynamic, ecosystem-led innovation? Disruption is everywhere, all around us.