How to Drive Business Model Transformation
An article on the Sustainable Brands website asked the question: how can big brands really pioneer business model shifts from within a company with established practices and traditions? The article then offered some the underlying principles of business model shifts, as well as providing real-life examples of how these have been implemented within big
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Open Innovation: Getting Better Ideas
The Harvard Business Review website noted that if you gather consumers consumers together to generate ideas, you’ll usually get more participation and more creativity than if you asked those same people individually to put ideas in a suggestion box. But these gatherings quickly find their creativity
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Nurturing Corporate Venture Incubation
The Business2Community website noted that over the past decade, corporate incubators have begun to experiment with open innovation contests to crowdsource ideas and solve problems, and with so-called hackathons to foster collaboration and rapidly prototype solutions. They introduce more diverse perspectives
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The Three Most Innovative Companies of 2013
The Harvard Business Review noted that research shows that business model innovation is the ticket to explosive growth. More than half of the relatively recent companies that made it onto the Fortune 500 before their 25th birthday—including Amazon, Starbucks, and AutoNation—were business model innovators.
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Using O.I. to Gain First Mover Advantage
The Innovation Excellence website notes that it’s best to see open innovation as a philosophy or a mindset that you can embrace within your organisation, if you start here then you can’t go far wrong but a more formal way to view it is as a method to bring external and internal innovation together.
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If You Can’t Win, Change the Game
The Memphis Daily News published an article noting that in today’s dynamic world it is imperative for companies to continually realize growth through a sustainable competitive advantage. The trouble is that every innovation is just one new innovation away from becoming obsolete. How do proactive
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Business Model Innovation: Path to Greatness
Forbes magazine posted an interview with Scott Anthony, managing director at innovation consulting firm Innosight, who discusses how large corporations are becoming more and more entrepreneurial andthe variety of forces driving this shift. More and more companies recognize that they can’t hold a
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OI: A Source For Strategic Intelligence
The Intelegia website notes that competitive intelligence researchers who wish to take a proactive approach to gather strategic information on their competitors via the social web, crowdsourcing sites must be monitored frequently. Comments made by community members on these platforms can offer strategic