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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

In 1994 Peter Drucker defined business models as “stories that explain how enterprises work” and answer the age-old questions of Peter Drucker’s Theory of Business – “Who is the customer? This notion is commonly referred to as the customer value proposition (Johnson et al. References: Chesbrough, H., & Rosenbloom, R.S.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

The platform environment is mostly characterized by a tension between collaboration and competition of the participating companies, often referred to as coopetition. In particular for industrial products this, in turn, has been stimulated by maturing 3D printing technologies.

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Seeking fresh winds and new directions

Paul Hobcraft

The power of context also refers to the conditions and circumstances of time and place for combining new ways to make a shift, a new understanding, perhaps to make the organization more sensitive to the need of innovation, to help fully support the people to innovate.

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Balancing Innovation via Organizational Ambidexterity – Part 3

Integrative Innovation

As Geoffrey Moore [2] has pointed out, breakthrough innovations need to “cross the chasm” between the initial customers and the majority of the market. Actively managing the market introduction therefore increases significantly the likelihood of success for radical innovations. More and more, Enterprise 2.0/Social

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Four Models of Intrapreneurship Innovation

Integrative Innovation

Research shows that growth fueled through organic innovation is more profitable than growth driven by acquisition, in part because the organizational capability required is vastly different. This is also one of the key questions that companies we’ve been working with are raising more frequently. What is Intrapreneurship?

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Let's Settle the Debate — Innovation Both Is & Is Not Everyone's Job

Legacy Innovation Group

This is our quintessential ‘Advanced Innovation Group’ or ‘Core Innovation Group’ operating inside their own cloistered Innovation Space. To learn more, refer to our Engagement Page , or drop us a line here⃜ Contact Page.

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Striving for the innovation balance: between exploring and exploiting.

Paul Hobcraft

Many try to separate them, often hiving off the more radical innovation development part to protect it from being overwhelmed by the often overbearing focus on the short-term and exploitation. Most of our organizations today struggle with applying the ‘appropriate’ resources into these two ‘dual’ approaches.