article thumbnail

Calling all innovators: Africa’s electricity market is ripe for market-creation

Christensen Institute

This lack of access was compounded by the crisis of 2020, when COVID-19 triggered the largest fall in global energy investment in history, causing loss of economic opportunity, loss of jobs, and loss of energy supply.

Marketing 116
article thumbnail

Four reasons why corporate startups fail (and how yours can be succesful)

whataventure

For corporates, radical innovations are, in most cases, a nice-to-have or the cherry on top of the cake. Rarely innovation projects are being prioritized over the daily business. However, especially in radical innovation projects, the customer segments are so different that it just does not make sense in most cases.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IMYB Innovation Management Yellow Belt™ – Stockholm

Innovation 360 Group

Provide tools, methods and best practices how to implement an Innovation Management System. Innovation Governance Models – How to align innovation with strategy. Innovation Process – How to translate creativity into value. Organizational Design – How to setup for a long-term innovation culture. Jun 26, 2020.

article thumbnail

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

The BMI Lab Blog

Evolutionary innovations are incremental improvements in the performance of existing products along the mainstream customer requirements in existing markets with existing competencies and the current business model (Christensen et al., Disruptive innovations are innovations that radically change existing structures and markets (Pisano, 2015).

article thumbnail

IMYB Innovation Management Yellow Belt™ – Stockholm

Innovation 360 Group

Provide tools, methods and best practices how to implement an Innovation Management System. Innovation Governance Models – How to align innovation with strategy. Innovation Process – How to translate creativity into value. Organizational Design – How to setup for a long-term innovation culture. Mar 26, 2020.

article thumbnail

What is innovation, and how can it benefit your company?

mjvinnovation

Incremental innovation: additional development and/or optimization of existing products, services, or models. Radical innovation: implementing completely new ideas into products, services, or business models. They have the most significant impact because new markets or customer needs may arise from this innovation; ?

Company 40
article thumbnail

When innovation led to a reversal of fortunes

hackerearth

Huge layoffs and millions of dollars in losses drove the company to adopt a business strategy that focused on capabilities. Lego overcame its near-demise situation when the then president, Kjeld Kirk Kristiansen, decided that innovation was the only way out in 2001. Their producing tons of bricks inside-the-box strategy didn’t work.