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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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Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

Discontinuous innovation represents a seismic shift in how industries function and evolve. By definition, it refers to the introduction of groundbreaking products or services that fundamentally change market dynamics, often rendering existing solutions obsolete.

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Creative Construction – Book review

The Inovo Group

The author presents a clear three-part framework consisting of Innovation Strategy, System and Culture that a large company needs to use to be an innovative organization. Every now and then a book on innovation is published that deserves to be put on the innovator’s bookshelf along with other seminal writings about innovation.

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Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

In this blog post we talk about receptivity to change in Financial Services and some thoughts on how to move forward. Our digital capabilities have been at the forefront due to the increase in the level of acceptance of digital and virtual interaction with our customers and their relative experience across business lines and geographies.

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What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

Those not involved directly within the innovation project constantly remain skeptical or require more proof. The status quo of the existing places an increasing drag on the forces of change. Both are I feel “painting” a realistic picture of where innovation does sit within organizations.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Another example is the recently introduced strategy framework by Martin Reeves, Knut Haanæs, and Janmejaya Sinha from BCG. Here, dedicated strategies and innovation approaches are defined for different business environments, characterized by the factors predictability, malleability and harshness (see figure below).

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Developing a new framework for risk and innovation.

Paul Hobcraft

In a recent piece of work by Deliottes called “Risk sensing:the (evolving) state of the art, the risks of most concern are changing each year. Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. Risk is becoming an evolving capability.