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

The BMI Lab Blog

The degree of innovation When differentiating by innovation object, a basic distinction is made between product-, process-, service-, technological-and business model innovation (Edwards-Schachter, 2018). Thus, business model innovations can be differentiated from other types of innovations. Christensen C.

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So Where Is Innovation Heading?

Paul Hobcraft

To finish BCG provided this visual to outline the processes and cultures that can govern disruptive and radical innovation projects, as digital innovation transformation is certainly that. The road you take will decide where innovation is heading for you.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Reinvention through business model innovation. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the perfusion of new technologies, lead to decreasing life times of existing business models. Platform business models tend to affect, oftentimes disrupt, multiple industries over time.

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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.

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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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Scaling-Up: The Foundation

Integrative Innovation

The solution to this question lies in the middle part of an end-to-end process for non-incremental innovation. We call this part ‘ Scaling-Up ‘ Typically, companies have little problems in generating ideas for adjacent, radical or even disruptive innovation and in validating the most promising ideas.