Remove Industry Remove Marketing Remove Radical Innovation Remove Study
article thumbnail

Calling all innovators: Africa’s electricity market is ripe for market-creation

Christensen Institute

Falling costs in renewable energy is bringing it within Africa’s reach; yet minimizing the number of people lacking access to electricity, and modernizing and promoting sustainable clean energy across Africa will still require radical innovation improvement. Africa’s MCI history can act as a guide for its electricity market.

Marketing 116
article thumbnail

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

The BMI Lab Blog

2005) that the ´failure to adequately define the market is a key factor associated with venture failure´, we identify the definition of the target customer as one central dimension in designing a new business model. Radical innovations are similar to evolutionary innovations - but the leap of innovation is more comprehensive.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Case for Dual Innovation

Tim Kastelle

And it looks like I have a point here… After being discounted by many innovation practitioners in my sphere for some time, the concept of organizational ambidexterity is now finally gaining traction with rising speed. More than 70 percent have a different organizational entity for managing radical innovation. (…).

article thumbnail

What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

I mean anyway “we really don’t believe in innovation, it all is full of risk, uncertainty and those unknowns and that is the last place to go when you are fighting in a different set of market conditions, isn’t it?”. So where does innovation sit within your organization? Two reports recently came out.

Report 212
article thumbnail

What is innovation, and how can it benefit your company?

mjvinnovation

For many companies, innovation means taking products and services and changing them in detail: color, shape, features, size, etc. However, this form of incremental innovation alone does not work anymore in many markets. In summary, innovation is always a big challenge – it needs to be understood, first, and foremost.

Company 40
article thumbnail

PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

It’s really not as hard as you think to read the signs of a rapidly approaching upheaval in your industry. When disruption came for the taxi industry, the music industry, the retail industry, and others, there were usually four flashing lights that just about anyone could see.

article thumbnail

Choosing your direction of travel

Paul Hobcraft

In the past week or so, I have been looking a little harder at the Chemical and Pharmaceutical Industry relating to innovation, it left me a little frustrated. I felt that warm and fuzzy feeling, as I read all too often those comforting words or platitudes of how “innovation is vital to us” and one of the “highest areas of focus.”