article thumbnail

Your Guide to Fueling Enterprise Innovation in the Transport Industry

Qmarkets

For vehicle manufacturers and service providers in the global transport industry right now, innovation isn’t so much optional as existentially vital. In this blog, we’ll explore some of these trends and make a case for an effective innovation management program to capitalize on them. Take sustainability. What do they expect from you?

article thumbnail

Business model innovation: a core capability for disrupting your industry

hackerearth

Whether you want to steer breakout growth, revive a trailing core business, tackle industry disruptions, or protect your company against industry decline, business model innovation is the key. How innovations in the business model create competitive advantage. Source: McKinsey. Sanity-testing the reframed beliefs.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Transport Innovation: Your Guide to Driving Industry Innovation

Qmarkets

For vehicle manufacturers and service providers in the global transport industry right now, innovation isn’t so much optional as existentially vital. In this blog, we’ll explore some of these trends and make a case for an effective innovation management program to capitalize on them. Take sustainability. What do they expect from you?

article thumbnail

Business model innovation: a core capability for disrupting your industry

hackerearth

Whether you want to steer breakout growth, revive a trailing core business, tackle industry disruptions, or protect your company against industry decline, business model innovation is the key. How innovations in the business model create competitive advantage. Source: McKinsey. Sanity-testing the reframed beliefs.

article thumbnail

Overcoming fixedness before being locked in amber

Jeffrey Phillips

Innovation comes from outside It may not seem evident at first, but virtually all radical and disruptive innovation originates from outside an industry's boundaries, by people who often weren't even in the industry, who were serving other clients or other needs and saw a way to serve a new set of customers or solve a new set of needs.

article thumbnail

Finding the best innovators

Jeffrey Phillips

I am talking about Horizon 2 and Horizon 3 (transformative and disruptive innovations), which of course can come in a variety of types - Doblin identifies ten types of innovation. So we need people who can think about service innovations, process innovations, experience innovations, business model innovations, and so on.

article thumbnail

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

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.