Remove 2015 Remove Disruption Remove Enterprise Remove Radical Innovation
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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.

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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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Developing a new framework for risk and innovation.

Paul Hobcraft

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. More radical innovations, disrupting positions or new business models would form part of this risk assessment. Then we need to strengthening the strategic planning process.

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Developing a new framework for risk and innovation.

Paul Hobcraft

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. More radical innovations, disrupting positions or new business models would form part of this risk assessment. Then we need to strengthening the strategic planning process.

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PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

When disruption came for the taxi industry, the music industry, the retail industry, and others, there were usually four flashing lights that just about anyone could see. When disruption is barreling down on you, the worst place to stand is the middle of the road. Disruption is the new normal in the global, mobile, digital world.