The BMI Lab Blog

JUNE 29, 2022

2005) that the ´failure to adequately define the market is a key factor associated with venture failure´, we identify the definition of the target customer as one central dimension in designing a new business model. According to the degree of innovation, innovations can be divided into evolutionary and disruptive innovations.

Technical Review 52

Technical Review Radical Innovation Disruption Innovation 52

Cris Beswick

APRIL 16, 2024

I’ll unpack the core principles of ‘Leading FOR Innovation’ and share approaches to help overcome the organisational antibodies that often stifle innovation, empowering teams to unleash bold ideas that can reshape your industry’s future. They are not always intentional or by design.

Innovation 59

Innovation Culture Creativity Disruption 59

Paul Hobcraft

OCTOBER 1, 2018

When they are constantly scanning reports on the “state of innovation” it can often lull them, to give some that warm glow, others quickly being dismissive, disregarding many of the key messages as “not applicable to me”. Then disruption suddenly hits. Customers and employees are driving innovation. Now that is shocking!

Report 212

Report Innovation Survey Disruption 212

Tim Kastelle

MARCH 7, 2016

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.

Innovation Management 100

Innovation Management Management LEAN Technical Review 100

Paul Hobcraft

OCTOBER 3, 2016

We need to transform, be disrupted or certainly re-imagine and this is where knowing your ecosystem comes in. Our existing organization needs to envisage a changing world full of disruption that calls for radical change. A tantalizing prospect, full of innovation. A tantalizing prospect, full of innovation.

Collaboration 273

Collaboration Disruption Innovation Technical Review 273

Tim Kastelle

APRIL 30, 2016

Breakthrough innovators are willing to make decisions and choices as much on the basis of intuition and insight as on data and forecasts – they bet on people rather than manage a process. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Source: Accenture.

Disruption 100

Disruption Innovation Survey Study 100

The BMI Lab Blog

AUGUST 3, 2017

Should I choose an incremental innovation path? Or should I rather look for a radical, or disruptive, approach? Incremental innovation This is a common approach in many established companies, which focus on creating new products and services, with several goals: To grow sales and profits for existing products and services.

Radical Innovation 60

Radical Innovation Innovation Marketing Disruption 60

Integrative Innovation

MARCH 16, 2014

The corresponding integration of incremental and radical innovation can basically be achieved in different ways: Building ambidextrous and lean startup capabilities. Established organizations with larger size usually target at extending their core business by incementally innovating their existing business model.

Radical Innovation 83

Radical Innovation LEAN Underperforming Technical Team Disruption 83

ITONICS

JULY 30, 2018

If a company focuses on incremental innovation and simple stage-gate ideation processes only, it won’t keep up in the long run. In addition to transforming a whole industry, disruptive business models also push and promote paradigm changes. Is there a pattern for disruption & breakthroughs?

Underperforming Technical Team 40

Underperforming Technical Team Disruption Innovation Big Data 40

Integrative Innovation

APRIL 7, 2016

Breakthrough innovators are willing to make decisions and choices as much on the basis of intuition and insight as on data and forecasts – they bet on people rather than manage a process. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Source: Accenture.

Disruption 40

Disruption Innovation Survey Study 40

Integrative Innovation

APRIL 4, 2017

Modern Dual Corporate Innovation Management approaches encompass two complementary directions of impact : Transforming the Core (by largely changing or even disrupting the existing operating model). Creating the New (by largely changing or even disrupting the existing business model).

Disruption 53

Disruption Agile Innovation Collaboration 53

Integrative Innovation

SEPTEMBER 11, 2018

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.

Innovation Management 40

Innovation Management Disruption Design Management 40

Paul Hobcraft

MAY 18, 2016

And while many of the innovation initiatives that do gain approval are low risk, they offer only low returns—incremental improvements that usually do little more than maintain market share”. They go on to suggest with product lifecycles across industries shortening, successful innovation often hinges on speed.

Innovation 133

Innovation Guidelines Learning Management 133

Wazoku

NOVEMBER 29, 2017

What might the link be between Barcelona, fostering innovation with technological solutions and organisations looking to give the people what they want? This two-part series will explore the topic of a session I recently gave at a Design Thinking and Business Innovation Summit. Technology is best when it is invisible.

Technology 40

Technology Artificial Inteligence Innovation Design Thinking 40

Qmarkets

APRIL 24, 2017

Eric Gabas-Varini is the Partner and Co-Founder of Innovation Framework Technologies, a consulting firm which was founded in Paris, but has since established regional offices in the United States, South Korea & Japan, with a network of associate offices in Latin America and the Middle East. Merging Theory and Practice. Pitfalls to Avoid.

Innovation Programs 56

Innovation Programs Software Review Technical Review Innovation 56

Paul Hobcraft

MAY 18, 2016

And while many of the innovation initiatives that do gain approval are low risk, they offer only low returns—incremental improvements that usually do little more than maintain market share”. They go on to suggest with product lifecycles across industries shortening, successful innovation often hinges on speed.

Innovation 133

Innovation Guidelines Learning Management 133

Qmarkets

JULY 8, 2017

Eric Gabas-Varini is the Partner and Co-Founder of Innovation Framework Technologies, a consulting firm which was founded in Paris, but has since established regional offices in the United States, South Korea & Japan, with a network of associate offices in Latin America and the Middle East. Merging Theory and Practice. Pitfalls to Avoid.

Innovation Programs 40

Innovation Programs Software Review Technical Review Innovation 40

hackerearth

OCTOBER 16, 2017

It’s about imagining, mobilizing, and competing in new ways,” says Idris Mootee, author of Design Thinking for Strategic Innovation. Whereas, Gartner says it is a business discipline that aims to drive a repeatable, sustainable innovation process or culture within an organization. They design their strategy based on context.

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

hackerearth

OCTOBER 16, 2017

It’s about imagining, mobilizing, and competing in new ways,” says Idris Mootee, author of Design Thinking for Strategic Innovation. Whereas, Gartner says it is a business discipline that aims to drive a repeatable, sustainable innovation process or culture within an organization. They design their strategy based on context.

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

Integrative Innovation

JANUARY 27, 2016

Reinvention through business model innovation. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the pervasion of new technologies, lead to decreasing life times of existing business models. For one, attached ecosystems are mostly cross-industry. Open and social co-creation.

Underperforming Technical Team 40

Underperforming Technical Team Big Data Innovation Technical Review 40

Idea to Value

JULY 21, 2017

What it is: Rather than a specific theory or methodology, this is a business impetus to make sure that the corporate culture actually encourages innovative behaviour, instead of stifling it. The challenging part of this is that culture is a very personal thing, which will vary between companies, industries and regions.

Company 248

Company Underperforming Technical Team Brainstorming Design Thinking 248

hackerearth

MAY 12, 2017

Even though the Mac business was picking up, it was only in 2001, with the release of the iPOD (now retired) disrupting the digital music market, did Apple start soaring. Apple’s breakthrough innovations laid the base for upgrades, which are routine innovations, raking in billions. Source: [link]. He stabilized the business.

Innovation 40

Innovation Disruption Marketing Underperforming Technical Team 40

Tim Kastelle

FEBRUARY 21, 2015

After studying innovation among 759 companies based in 17 major markets, Gerard J. Chandy found that corporate culture was a much more important driver of radical innovation than labor, capital, government or national culture. Breakthrough innovators (i.e. Top management is commited to radical innovation efforts.

Culture 100

Culture Radical Innovation Innovation Underperforming Technical Team 100

Innovation 360

JANUARY 24, 2016

Are we on the cusp of a Fourth Industrial Revolution? The Fourth Industrial Revolution was on all lips in Davos, a good thing but let´s recap. The Fourth Industrial Revolution was on all lips in Davos, a good thing but let´s recap. Most participants in Davos think so. Challenges and opportunities.

Industry 40

Industry Analysis Artificial Inteligence Technical Review 40

Innovation 360 Group

JANUARY 14, 2016

Are we on the cusp of a Fourth Industrial Revolution? The Fourth Industrial Revolution was on all lips in Davos, a good thing but let´s recap. The Fourth Industrial Revolution was on all lips in Davos, a good thing but let´s recap. Most participants in Davos think so. Challenges and opportunities.

Analysis 40

Analysis Industry Artificial Inteligence Technical Review 40

Integrative Innovation

FEBRUARY 14, 2015

After studying innovation among 759 companies based in 17 major markets, Gerard J. Chandy found that corporate culture was a much more important driver of radical innovation than labor, capital, government or national culture. Breakthrough innovators (i.e. Top management is commited to radical innovation efforts.

Culture 40

Culture Radical Innovation Innovation Underperforming Technical Team 40

Qmarkets

APRIL 14, 2022

Innovation can happen quickly, (known as radical innovation), or it can take place over time, (incremental innovation). Innovation requires creative thinking, imagination, and risk-taking. However, innovation is usually associated with high-tech industries while improvement tends to be more widespread.

Underperforming Technical Team 52

Underperforming Technical Team LEAN Technical Review Innovation 52

Innovation 360 Group

NOVEMBER 4, 2018

Disruption is the new normal in the global, mobile, digital world. Economist Joseph Schumpeter famously defined the term as, “Innovation is creative destruction where entrepreneurs combine existing elements in new ways.” That has never been more clear than now, when tiny startups have started the restruction of entire industries.

Culture 83

Culture Management Project Leadership 83

Qmarkets

SEPTEMBER 22, 2022

There’s a real drive for innovation and efficiency, even from the CEO. Innovation is one of our four company pillars. The thing that stood out was that Qmarkets showed the most flexibility when designing a workflow. J: The thing that stood out for us was that Qmarkets showed the most flexibility when designing a workflow.

Crowdsourcing 98

Crowdsourcing Software Review Technical Review Project 98

Qmarkets

SEPTEMBER 21, 2022

There’s a real drive for innovation and efficiency, even from the CEO. Innovation is one of our four company pillars. The thing that stood out was that Qmarkets showed the most flexibility when designing a workflow. J: The thing that stood out for us was that Qmarkets showed the most flexibility when designing a workflow.

Crowdsourcing 52

Crowdsourcing Software Review Technical Review Project 52

hackerearth

NOVEMBER 10, 2017

What would cause such a colossal failure and make an industry giant disappear off the radar? It is the failure to innovate that led to its “demise.”. In other words, it is because sometimes innovation strategies fail to produce products/ services that the customers want. And as the saying goes, “disrupt or get disrupted.”.

Innovation Programs 40

Innovation Programs Underperforming Technical Team Innovation Ideation 40

Integrative Innovation

SEPTEMBER 6, 2018

Company builders that operate decentralized isolated to explore and develop disruptive innovations that are beyond the core business have been a rarity so far. SMEs meanwhile concentrate with more limited funds on one or a few small units that take on multiple functions of digital innovation internally and externally.

Trends 58

Trends Technical Review Innovation Disruption 58