The BMI Lab Blog

JUNE 29, 2022

However, very few managers are able to explain their company’s business model ad-hoc, and even fewer can define what a business model actually is in general. The number of companies, which have established dedicated business model innovation units and processes is even lower. Thus, it should answer the question ´Who is the customer?´

Technical Review 52

Technical Review Radical Innovation Disruption Innovation 52

Paul Hobcraft

MAY 18, 2016

I believe we need a new way to manage risk within our innovation activities. It needs to be treated differently from the general ‘risk management’ criteria applied within our business organizations. We need to formulate a more robust risk innovation framework. To quote the specific parts.

Underperforming Technical Team 124

Underperforming Technical Team Innovation Strategy Strategy 124

Paul Hobcraft

MAY 18, 2016

I believe we need a new way to manage risk within our innovation activities. It needs to be treated differently from the general ‘risk management’ criteria applied within our business organizations. We need to formulate a more robust risk innovation framework. To quote the specific parts.

Underperforming Technical Team 124

Underperforming Technical Team Innovation Strategy Strategy 124

Cris Beswick

APRIL 16, 2024

Developing the capability to Lead FOR Innovation should thus be a priority for all executives. Still, it requires a distinct set of principles, mindsets, best practices and a specific divergence from traditional 20th-century management approaches. Risk management: Each horizon represents a different level of risk and uncertainty.

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Innovation Culture Creativity Disruption 59

Jeffrey Phillips

JULY 26, 2016

Innovators understand this, but corporations don't. Corporations have tried to mitigate, manage, re-mediate and eliminate risk, and in doing so have created cultures and employees which recoil from risk and uncertainty. Why do you think really interesting or radical innovation is called disruption any way?

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Culture Innovation Radical Innovation Meeting 100

Integrative Innovation

JUNE 15, 2017

Lippitz the term is defined as the process by which teams within an established company conceive, foster, launch and manage a new business that is distinct from the parent company but leverages the parent’s assets, market position, capabilities or other resources. First, let’s be clear on what Intrapreneurship actually means.

Entrepreneurship 92

Entrepreneurship Innovation Culture Disruption 92

mjvinnovation

NOVEMBER 12, 2020

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

Company Innovation Radical Innovation Competition 40

hackerearth

OCTOBER 16, 2017

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. Like any business function, innovation can be managed. Increases market success.

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

hackerearth

OCTOBER 16, 2017

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. Like any business function, innovation can be managed. Increases market success.

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

Innovation 360 Group

JUNE 25, 2020

Assume that you have a number of projects that you want to execute, and you have a number of resources that can be used to execute them (resources such as innovation managers, or programmers). These three basic assumptions lead to further considerations for portfolio management. Interdependency. Strategic direction.

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Project Resources Radical Innovation Innovation 52

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. The Innovator’s Dilemma. Is there a pattern for disruption & breakthroughs?

Underperforming Technical Team 40

Underperforming Technical Team Disruption Innovation Big Data 40

Innovation 360 Group

MAY 29, 2016

Another source on the theme, O’Reilly III and Tushman (2004) , talks about being able working ambidextrously with incremental and radical innovation at the same time. The insight of dividing innovation work into different Horizons in order to manage it effectively is, in my experience, often well known at C-level.

Company 40

Company Radical Innovation Leadership Study 40

Innovation 360

MAY 29, 2016

Another source on the theme, O’Reilly III and Tushman (2004) , talks about being able working ambidextrously with incremental and radical innovation at the same time. The insight of dividing innovation work into different Horizons in order to manage it effectively is, in my experience, often well known at C-level.

Company 40

Company Radical Innovation Leadership Study 40

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

Steve Blank

NOVEMBER 11, 2014

In the 20 th century corporate skunk works ® were used to develop disruptive innovation separate from the rest of the company. They were the hallmark of innovative corporations. By the middle of the 21 st century the only companies with skunk works will be the ones that have failed to master continuous innovation.

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Disruption Groups Radical Innovation Culture 35

Innovation 360 Group

MAY 10, 2016

In doing so, they must of course also follow the law and obey the ”code of conduct” but this may in fact very well kill their companies unless they learn how to govern the risky and experimental nature of world class Innovation! Figure 2, Applying the Three Horizon Model.

Leadership 40

Leadership Radical Innovation Underperforming Technical Team Innovation 40

hackerearth

MARCH 28, 2018

In their research paper , Henry Chesbrough and his colleague Marcel Bogers defined open innovation as a distributed process of innovation that depends on purposefully managed knowledge flows across the boundaries of an organization using financial and non-financial mechanisms conforming to the company’s business model.

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Open Innovation Survey Collaboration Innovation 68

Integrative Innovation

OCTOBER 23, 2014

Directions of impact for business model innovation. The Boston Consulting Group (BCG) has recently published an article , outlining different approaches to business model innovation, depending on a company’s particular context. Establish a permanent, dedicated innovation team to place bets in new spaces.

Innovation 78

Innovation Disruption Marketing Project 78

Innovation 360

MAY 10, 2016

In doing so, they must of course also follow the law and obey the ”code of conduct” but this may in fact very well kill their companies unless they learn how to govern the risky and experimental nature of world class Innovation! Figure 2, Applying the Three Horizon Model.

Leadership 40

Leadership Underperforming Technical Team Innovation Radical Innovation 40

Legacy Innovation Group

MAY 27, 2021

This is our quintessential ‘Advanced Innovation Group’ or ‘Core Innovation Group’ operating inside their own cloistered Innovation Space. But their charter and task is very different from that of the rest of the organization. That is how successful movements and transformations take hold.

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Innovation Engagement Groups Radical Innovation 52

Innovation 360 Group

OCTOBER 15, 2016

Innovate or be disrupted. Magnus Penker on Innovation (subtitled in English) from Innovation360 Group on Vimeo. The reason why involves a reassessment of the three innovation horizons proposed by McKinsey. Keeping all three horizons healthy demands a new level of portfolio management from C-Levels.

Innovation 40

Innovation Technical Review Radical Innovation Marketing 40

Paul Hobcraft

SEPTEMBER 18, 2015

These actions shape behaviors, alters perceptions, establishes itself within the larger social group that change is directed towards, it alters the ‘norm’, it opens up new possibilities and pushes the established boundaries. Innovation is very fluid; we build systems that often impede it.

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Underperforming Technical Team Change System Culture 100

Integrative Innovation

MARCH 28, 2015

As we have suggested earlier, innovation activities that are radical or disruptive in nature, should be separated from incremental innovation around a company’s established core business. Radical/disruptive innovation activities need full-time resources to get executed properly and time-efficiently.

Innovation 40

Innovation Disruption Survey Technology 40

Idea to Value

JULY 21, 2017

Suggested viewing: 12 – Disruptive Innovation. What it is: One of the most important theories of innovation, but one which is usually completely misunderstood. This might seem like a strange thing to say, but the most important thing to realise about Disruptive Innovation is that most people completely misinterpret it.

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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. Disruption just wasn’t working for the Billund-based company. Lego has managed to wring sustainability by adopting the Lean startup approach. Source: [link].

Innovation 40

Innovation Disruption Marketing Underperforming Technical Team 40

Innovation Excellence

SEPTEMBER 5, 2016

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “Most Innovative Companies 2014” survey. According to BCG’s research, successfully innovating companies approach innovation as a system.

Culture 40

Culture Survey Innovation System 40

Tim Kastelle

FEBRUARY 21, 2015

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “ Most Innovative Companies 2014 ” survey. According to BCG’s research, successfully innovating companies approach innovation as a system. Breakthrough innovators (i.e. Tellis, Jaideep C. Prabhu and Rajesh K.

Culture 100

Culture Radical Innovation Innovation Underperforming Technical Team 100

Idea Drop

JULY 30, 2017

Any good CEO, manager, or executive will acknowledge the fact that those working in different areas of the company will have accumulated different skills, knowledge, and experiences – and because of that they’re likely to give valuable feedback and have good ideas. The boss doesn’t always know best. And that’s okay if the profits are good.

Disruption 49

Disruption Innovation Software Radical Innovation 49

Innovation 360 Group

MARCH 10, 2019

Leadership styles are critical to innovation efforts, especially when working with uncertainty. In the resulting report, they identified several factors that were positively correlated with the successful execution of innovative concepts. Radical Innovators more adaptive. They are: The Cauldron. The Spiral Staircase.

Leadership 61

Leadership Radical Innovation Innovation Project 61

Integrative Innovation

FEBRUARY 14, 2015

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “ Most Innovative Companies 2014 ” survey. According to BCG’s research, successfully innovating companies approach innovation as a system. Breakthrough innovators (i.e. Tellis, Jaideep C. Prabhu and Rajesh K.

Culture 40

Culture Radical Innovation Innovation Underperforming Technical Team 40

Innovation 360 Group

JUNE 19, 2018

Talent management, such as talent identification, selection and incentives. This is where the relationship between the organization’s innovation strategy and its profile of strengths and weaknesses comes into play. What we found was that radical Innovators tend to be far more organized then incremental innovators.

Underperforming Technical Team 40

Underperforming Technical Team Radical Innovation Technical Review Software Review 40

Innovation 360

JUNE 20, 2018

Talent management, such as talent identification, selection and incentives. This is where the relationship between the organization’s innovation strategy and its profile of strengths and weaknesses comes into play. What we found was that radical Innovators tend to be far more organized then incremental innovators.

Underperforming Technical Team 40

Underperforming Technical Team Radical Innovation Technical Review Software Review 40

hackerearth

NOVEMBER 10, 2017

And as the saying goes, “disrupt or get disrupted.”. Which brings us to the question, “Why do innovation programs fail?”. Below are 6 reasons why innovation programs can fail. Leaving innovation to chance is more often a gamble where odds are not always in your favor. Programme manager. Innovation advocate.

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Innovation Programs Underperforming Technical Team Innovation Ideation 40