Remove 2016 Remove Competition Remove Creativity Remove Underperforming Technical Team
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Business Model Innovation Basics Series - Part 2: Why Business Model Innovation Matters

The BMI Lab Blog

Learnings from sports competitions Competition in business is similar to sports competitions – there are winners and losers. His continuous improvements were mainly creative re-combinations of previously existing concepts far away from cycling sport. But what is the “secret sauce” of winning athletes and companies?

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

In the course of this first month of 2016, I was asked a couple of times what my prospects are for the year ahead when it comes to key innovtion issues. This requires companies to proactively or reactively innovate their business models in order to remain competitive. We are headed towards a co-creative platform economy.

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Invest in Innovation Skill Building

Gregg Fraley

I thought by this year in history (2016) everyone in the business world would have a clue as to how to do ideation (aka brainstorming) properly. It’s a glaring missing ingredient in staying competitive. Wide open questions will get you thousands of ideas — mostly bad ideas. Wow, not even close.

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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

Research confirms: development of exploration in parallel to exploitation capabilities proves to be mandatory for established companies in order to compete successfully and sustainably. One way for established organizations to strengthen exploration is by developing internal capabilities in order to overcome their inherent inertia.

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Why Financial Organizations Must Fight Digital Disruption with Digital Disruption

Qmarkets

To counter the threat of disruption, financial organizations must innovate in order to stay ahead of the competition. The financial industry is changing rapidly, incorporating technology into business models to stay current and competitive. They are also instituting programs and physical hubs to involve startups.

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Options-based Strategy: An Approach for Uncertain Times

The Inovo Group

How do you create a company that can adapt, respond, and reinvent itself to become stronger in both good times and bad? What is needed is a new strategic framework that serves both the current, increasingly competitive, situation as well as providing a strategic path through an uncertain future. Michael Raynor.

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Future-Proofing Financial Market Innovation – Fighting Digital Disruption with Digital Disruption

Qmarkets

To counter the threat of disruption, financial organizations must innovate in order to stay ahead of the competition. The financial industry is changing rapidly, incorporating technology into business models to stay current and competitive. They are also instituting programs and physical hubs to involve startups.