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Shared innovation language accelerates innovation

Jeffrey Phillips

I was leading an innovation workshop recently with a company that invited in some of its customers to talk about the future. We were interested in getting feedback from key B2B customers about the future of the industry, where things were heading and what strategies and programs my customer should begin to put in place.

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What Is Business Intelligence?

Collective Innovation

B2B companies adopting the Net Promoter Score have seen on average a 23% increase in revenue growth. Product Innovation : Creates a difference with an existing product line and existing market, usually through features. Knowing your customer means also knowing how they really feel about the company.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Incremental innovation : Even in highly mature industries, such as automotive, experimentation gains ever more importance. While stage-gate processes have traditionally been favored in predictable environments, a new generation of product innovation process is taking hold due to increased pressure: lean innovation.

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From product to business model innovation: TICK, the laundry on demand service from Migros.

The BMI Lab Blog

In fact, achieving results from a business model innovation process is possible with proper guidance and resources. At BMI Lab we have helped businesses that are experienced in product innovation but new to business model innovation. But of course, this kind of innovation is what we call incremental innovation.

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