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

The BMI Lab Blog

This notion is commonly referred to as the customer value proposition (Johnson et al. In essence, it unifies aspects such as, for example, the cost structure and the applied revenue mechanisms, and points to the elementary question of any firm, namely how to make money in the business. The object of innovation 2.

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Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

Discontinuous innovation represents a seismic shift in how industries function and evolve. By definition, it refers to the introduction of groundbreaking products or services that fundamentally change market dynamics, often rendering existing solutions obsolete.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

An increasingly popular case in point is the “ Three Horizons ” framework, which aims at integrating an organization’s entire innovation spectrum by means of three distinct time and scope categories – all of which feature particular purposes, conditions and requirements. Reinvention through business model innovation.

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Balancing Innovation via Organizational Ambidexterity – Part 3

Integrative Innovation

O’Reilly and Michael Tushman review and condense the research done so far on the subject. One of the key findings of this paper is that “in uncertain [business] environments, organizational ambidexterity appears to be positively correlated with increased innovation, better financial performance and higher survival rates.”.

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What is innovation management and why your organization needs it

hackerearth

Once a well-defined innovation strategy that aligns with business goals is in place, the next step will entail managing it effectively. Like any business function, innovation can be managed. Innovation Management is about more than just planning new products, services, brand extensions, or technology inventions.

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What is innovation management and why your organization needs it

hackerearth

Once a well-defined innovation strategy that aligns with business goals is in place, the next step will entail managing it effectively. Like any business function, innovation can be managed. Innovation Management is about more than just planning new products, services, brand extensions, or technology inventions.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

An increasingly popular case in point is the “ Three Horizons ” framework, which aims at integrating an organization’s entire innovation spectrum by means of three distinct time and scope categories – all of which feature particular purposes, conditions and requirements. Reinvention through business model innovation.