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

The BMI Lab Blog

Business Models in the context of Innovation A common way to differentiate innovations is the categorization according to two generic characteristics: 1. The object of innovation 2. A business model innovation is defined as the conscious change of at least two dimensions of the introduced “Magic Triangle”. Christensen C.

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Digital Innovation Units: Recommendations, Trends and Conclusions

Integrative Innovation

As the study is in German only, some of its identified key trends and conclusions are going to be shared subsequently in translated form (quotes from the study report in Italic ). Let’s start off with a view on the current German Digital Innovation Unit landscape : Some key facts: There are ca.

Trends 58
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Balancing Function, Design, Process and Structure for Creative Tension

Paul Hobcraft

The first was setting the scene for these conversations on the “fundamental building blocks for innovation success” ( LINK ) and then the second into “the essential alignment of innovation to strategy” ( LINK ). The idea needs to “form, from observation, listening, engaging and data insights.

Design 130
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What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

The survey exposes the myth that innovation is not one of the three top challenges, innovation ranks fifth as it follows the more conventional concerns of managing talent as the top (and that did surprise me) and regulatory and competitive threats. Risk management is rated far more than innovation as a better process.

Report 212
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Changing customer needs call for new business models in urban mobility

The BMI Lab Blog

New business models and technological advancements have enormous promise for creating long-term, seamless mobility alternatives and variants. This strategy is opposed to traditional retail models. This strategy provides customers with direct access to vehicles as well as related insurance and repair services.

Change 52
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What is innovation management and why your organization needs it

hackerearth

Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Reduces processing time.

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What is innovation management and why your organization needs it

hackerearth

Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Reduces processing time.