article thumbnail

Understanding innovation's past leads to incredible insight

Jeffrey Phillips

Very few companies existed and most "innovation" was in the realm of transportation - primarily moving goods and/or people on waterways (canals, steamships) or rail. The 2000s and onward are less about product innovation and more about business model innovation and financial engineering.

article thumbnail

Powering Up Your Strategy: Success Factors for Executive Team Offsites

Leapfrogging

Ambiance : Choose a space that aligns with the objectives of your offsite—a creative space for brainstorming sessions or a serene retreat for reflective strategic planning. Reporting : Plan for a representative from each session to summarize the discussion for the larger group.

Strategy 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Business model innovation: a core capability for disrupting your industry

hackerearth

This means that you can alter parts of the business model and make conscious changes to create a competitive advantage. That’s business model innovation for you. How innovations in the business model create competitive advantage. Business model innovation is more challenging than process or product innovation.

article thumbnail

Business model innovation: a core capability for disrupting your industry

hackerearth

This means that you can alter parts of the business model and make conscious changes to create a competitive advantage. That’s business model innovation for you. How innovations in the business model create competitive advantage. Business model innovation is more challenging than process or product innovation.

article thumbnail

Questions about Innovation

InnovationTraining.org

The creation of new business models, such as the sharing economy, which has enabled individuals and companies to share resources and services in new ways, and has disrupted traditional industries such as transportation, hospitality, and retail. What are the different types of innovation? What are some examples of successful innovation?