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The State of Innovation Management in 2015 Just Released

Paul Hobcraft

As we come closer to the year-end it’s good to look back, make some dedicated time to take ‘stock’, in this case, on innovation’s progress. The Surge of innovation reports in 2015. I decided this would be valuable to save you time or reconnecting to some good reports that came out in 2015.

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Goodhart’s Law: When a target becomes its own enemy

Idea to Value

This refers to the process whereby it is clear what the targets for success are, and an individual, group or company does just enough to qualify for meeting those specific criteria. In 2015, Google used machine learning to let Google Photos tag faces of friends in uploaded photos. That way it could not die.

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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? How do we make money in this business? WHO – Every business model serves a certain customer group (Chesbrough and Rosenbloom 2002; Hamel 2000).

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Workplace Culture: Productive People Make High-performing Teams That Produce Rapid Results

Innovation Excellence

According to Global Human Capital Trends 2015 pg 36, “Organizations that create a culture defined by meaningful work, deep employee engagement, job and organizational fit, and strong leadership are outperforming their peers and will likely beat their competition in attracting top talent.”. Employees who feel their voices are heard are 4.6x

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Business Model Innovation Basics Series - Part 2: Why Business Model Innovation Matters

The BMI Lab Blog

The holistic approach of how a company is implementing a strategy and works its way towards its vision is described by the logic of all dimensions of its business model – the WHO, WHAT, HOW and VALUE. Learnings from sports competitions Competition in business is similar to sports competitions – there are winners and losers.

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Innovation: How to Recruit and Retain Top Millennial Talent

Idea to Value

Talkin’ ‘bout my generation: Who are the Millennials? Millennials (also known as the Millennial Generation, Generation Y, Gen Y and sometimes derogatively referred to as the Selfie Generation or Generation I/Me) are the demographic cohort that falls in between Generation X and Generation Z. 4] Now that’s a staggering statistic!

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How to fight climate change with innovative business models

The BMI Lab Blog

In this blog post, we want to share our perspective on how business model innovation can support efforts to decarbonize our society and economy and thereby contribute to the fight against climate change. To bring everyone on the same page, we will start with some core concepts and definitions. What is a handprint you ask?

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