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

The BMI Lab Blog

Alex Osterwalder defines a business model as “a set of assumptions or hypotheses” and Michael Lewis claims that “all it really meant was how you planned to make money” (Ovans, 2015). HOW – To build and distribute the value proposition, a firm has to master several processes and activities. What Is Disruptive Innovation?

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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. A lack of understanding innovation in all its forms is coming back to haunt them. Is radical innovation a bulleted point at board meetings?

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The Case for Dual Innovation

Tim Kastelle

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. More than 70 percent have a different organizational entity for managing radical innovation. (…). Accenture: 2015 US Innovation Survey.

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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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The Case for Dual Innovation

Integrative Innovation

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. More than 70 percent have a different organizational entity for managing radical innovation. (…). Accenture: 2015 US Innovation Survey.

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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. Instead, they figure out how to control and benefit from it – rather than letting rivals set the terms and the pace.