Mon.Apr 27, 2020

Lessons from Hilti on What it Takes to Shift from a Product to a Service Business Model

Strategyzer

In a previous post, we explained how business model patterns can help executives shift from outdated to a more competitive business model. Today we illustrate one of the patterns, the shift from product to service, with Hilti. And we go behind-the-scenes with Dr. Christoph Loos, CEO of Hilti, to understand what it takes to lead such a business transformation. Innovation Case Studies

How to create high-value customer interactions and win in the Low Touch Economy

Board of Innovation

All of the exit scenarios currently on the table take into account a slow and bumpy restart of the economy. Businesses of all sizes will need to rethink how to interact with their customers. And while this new Low Touch Economy will need to factor in a whole range of restrictions: physical distancing, large gatherings, […]. The post How to create high-value customer interactions and win in the Low Touch Economy appeared first on Board of Innovation. Innovation strategy low touch economy

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How to Get Through Grief with Grace

Tullio Siragusa

How to Get Through Grief with Grace. Life brings opportunities, happiness, and skyrocketing success when we decide to live it fully and without fear. Along with that, we will face challenging times that will cause us to grieve. Globally, we are all facing a form of grief right now. Be it the loss of a loved one to Covid-19, or the loss of our free way of life?—?grief grief is all around us.

What is true Leadership in times of uncertainty?

The Future Shapers

In times of uncertainty – how do we manoeuvre at home and as leaders? Do we retreat, do we “pretend” it is business as usual? Big shifts are happening now but not all are bad. Read more to see how you can shift your mindset and unleash your inner leader even during times of crisis. The post What is true Leadership in times of uncertainty? appeared first on The Future Shapers. Collaboration Entrepreneurship Leadership Development

Register Today for RIDG’s Return on Innovation: Webinar Series

Speaker: Michelle Royal, Founder of RIDG

Join RIDG's Chief Innovation Officer, Michelle Royal, for a free 60-minute webinar on Tuesday, March 9th at 10 a.m. ET. You’ll learn how to lead your business to a new frontier in a time of disruption and prepare for the future despite intense financial and mental constraints of a pandemic. This is the first webinar of a three-part series on how innovation produces higher profits and happier people. RIDG helps companies make strategic financial decisions and empowers their teams to grow the business.

Avoiding the 8 Wastes of Lean While Working from Home

Kainexus

Millions of workers across the globe have suddenly transitioned to working from home. There are many practical and physiological challenges to this abrupt change, so give yourself a break if everything hasn’t been smooth sailing. Fortunately, the continuous improvement principles that help us be efficient in the office apply in much the same way at home. The eight wastes of Lean , for example, create friction and lower productivity for remote workers as much as they do on a factory floor.

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How to Get Through Grief with Grace

Tullio Siragusa

How to Get Through Grief with Grace. Life brings opportunities, happiness, and skyrocketing success when we decide to live it fully and without fear. Along with that, we will face challenging times that will cause us to grieve. Globally, we are all facing a form of grief right now. Be it the loss of a loved one to Covid-19, or the loss of our free way of life?—?grief grief is all around us.

Simon Hill shortlisted for The TechXLR8 2020 Tech Leader of the Year Award

Wazoku

Wazoku is a tech company with a big mission – To Change the World, One idea at a time. The brainchild of Simon Hill, Wazoku’s platform operates as a company’s global home for ideas. With innovation such a high priority for organisations, Wazoku is the company which helps businesses to unlock the nascent innovation potential of their employees, partners, customers or the whole world!

Strategies to Grow During a Slowdown Post Covid 19 Era

Rmukesh Gupta

Premise: We are all living in an almost once in a lifetime situation with almost entire countries and continents being forced to stay at home due to the current pandemic situation. We are now at a time when almost all the countries are looking forward to gradually opening up the lockdowns and allowing people to restart their work, albeit in a controlled fashion.

How To Reach Your Goals Faster with Isaac Newton’s Laws of Motion

Collectivecamp

Nature can answer our biggest questions and help us navigate our most difficult struggles

Extending the Reach of HR: Supporting and Sourcing Remote Talent

Speaker: Karen Lim, Alliance Academy

The concept of Global HR is becoming more common as more companies become permanently remote. As companies expand their talent-bases beyond borders, HR reps will bear the responsibilities that come along with it. Adapting to different cultures, distances, and legal implications whilst preserving core company values is essential. Once you can do this, the world becomes your oyster. Join Karen Lim of Alliance Academy, and learn to thrive in a remote-first mindset.

Meet the yet2 team – Seetha Ramnath

Yet2

This is one in a series of blog posts where we highlight members of the global yet2 team. We recently spoke with Seetha Ramnath , innovation project leader, in our worldwide headquarters, in Waltham, Mass. Seetha with her son Deven. Q: How long have you been with yet2? I’ve been with yet2 just under a year. Prior to joining the team, I led my own business consulting firm focused on helping international startups interested in expanding into the U.S. market.

How employers can address the deepest human need

Tembosocial

The psychologist William James told us that the deepest human need is to be appreciated

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Making The Impact You Need At Trade Shows

The Human Factor

Trade shows are a unique opportunity for many businesses to not only make themselves known in the industry but also to reach the widest audience of the people who are most likely to convert to customers. However, fail to make a splash and you can end up ignored and downtrodden. Here are a few ways to make sure that doesn’t happen. source. Bring your best talkers. As a business owner, you should understand the skills that your team members bring to the table.

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Innovation Activity KPIs: Building Bridges across Organization

CREATORS

Just like an orchestra, innovation is an interaction of all employees. What are you doing the whole day?” or “Does that really help the company to move forward?”. The moment your company starts introducing innovation-driven activities, there will always be employees who question the purpose or the effectiveness of these strategies. Often, they will claim that innovation cannot really be “seen or measured” and, as a result, it’s a waste of time and money.

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The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

Ending Indecision: Making Decisions Which You Don’t Understand

The Human Factor

source. Running a business can often feel like a series of tests which are designed to push you out of your comfort zone. Even when you pick a field you really like, running your own outfit will always come with challenges which you simply wouldn’t have to face in a normal job. In a lot of cases, this will involve making decisions which you just don’t understand.

Can Innovation Work in a Work-from-Home World?

The Inovo Group

“The basic problem with working in the office is that you are just not in control of the work environment.”. Matt Mullenweg, founder of Automattic (WordPress), TED’s The Way We Work video series, January 2019. From the very first days of the COVID-19 crisis, US media has been awash in stories and images about the sudden rise of the ‘work from home’ (WFH) phenomenon. Millions of office workers around the world were told to “stay in your homes…but keep on working and collaborating.”

How to Safeguard Your Business

The Human Factor

source. Launching a business enterprise is a labour of blood, sweat and tears. Often, entrepreneurs put years of their life into a new business idea, alongside large amounts of capital and other types of investment. Leading in business is a difficult enterprise. In studies run by the US Bureau of Labor Statistics, only 25% of new businesses make it into their 15th year without collapsing. Businesses are most likely to fail within 5 years, with 45% of new ventures coming to an end before this.Of

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SPEED TO KNOWLEDGE: The Curious Roots of Micro-Learning

Idea Champions

Being the first to come up with a good idea does not always make the path to success easy. In fact, often, it's quite the opposite. For example, the idea of micro-learning may be all the rage these days, but it wasn't always that way. In fact, the company that created the first micro learning programs, AthenaOnline , was kicked out of quite a few offices for even proposing the idea.

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11 Ways to Make a Short Remote Design Thinking Project a Success

You can achieve a huge amount in a short period with a virtual design thinking project. While some teams want to come together for several weeks or months to tackle a challenge, others want to run short, sharp projects to find a quick solution. And with the right preparation, attitude, and structure in place, that's totally possible.To help make sure your short innovation projects are a success, download this free guide from the team at Sprintbase, a virtual design thinking platform, to learn their top tips.

Planet Fitness Case Study

Michael Roberto

Source: Wikipedia My newest strategy case study, Planet Fitness: No Judgements, No Lunks , is now avaiable in the Harvard Business Publishing catalog. The case was published by the University of Michigan's Davidson Institute). The case study focuses on how the company has managed to position itself and create a competitive advantage in a very tough industry. Moreover, it examines whether the firm will be able to sustain that advantage moving forward given its aggressive growth plans.