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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). Business Models in the context of Innovation A common way to differentiate innovations is the categorization according to two generic characteristics: 1.

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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. An executive passionate about customer experience who is technologically literate is a good choice to lead Pathway 2. For further, worthwile details of this research I recommend reading the entire article at MIT Sloan Management Review.

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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. In 2015, they filed for bankruptcy, finally ceding their throne to mobile rideshares like Uber and Lyft. It wasn’t the tech startups alone that brought them down. Are you safe?

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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. As Clark G.Gilbert and Mark’s colleague Matthew J.Eyring argued in Harvard Business Review , the core competency of the most effective and successful innovators is risk management.

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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. As Clark G.Gilbert and Mark’s colleague Matthew J.Eyring argued in Harvard Business Review , the core competency of the most effective and successful innovators is risk management.

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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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Co-creating volume 3

Innovation 360 Group

That is not only possible but inevitable, as Rosling proved, as long as we maintain our current pace of innovation. World leaders met and easily exceeded the UN’s prior goal of halving the number of people living in extreme poverty and hunger by 2015. Adopt and adapt new technologies. Scale innovations faster.