For more on creating a strategic plan for your business, check out this post and click here to download my free Strategic Planning Excel Template Michael Porter once said: Strategy 101 is about choices: you can’t be all things to all people. Porter, author of Competitive Strategy, is widely known in business circles and is thought of [...]
Earlier this year the Conference Board released the results of a survey of CEOs to identify their most critical challenges. The hands-down winner was the challenge of human capital, especially leadership. Second was the challenge of innovation. For every region of the world, innovation was among the top five issues [...]
Engage with your customers at the design stage to find out what they really want from your products and services and to create innovative new solutions.
The two, too common scenarios noted above are not innovation. Real innovation is not a product line extension or an additional feature. Spare us. The world is already surfeited with such nonsense.
Business model innovation topic is rising up since 2000. Digital industry has started the game, and now every industry is a playground for innovative business models, and tremendous variations.
Leading CEOs worldwide expect major changes to their company’s business model until 2020. As a consequence, organizations are currently about to realize that, today, business model innovation has become as important as technological innovation.
Innovation. As a key to competitiveness, everyone is seeking it. Following the typical business- mindset, most search for the process, the seven easy steps to follow, to create innovation that has the greatest impact.
Business model innovation (BMI) is becoming ever more important as it turns out increasingly difficult for companies to differentiate based on products and services alone.
Steve Jobs once said “[Innovation] is not about money. It’s about the people you have, how you’re led, and how much you get it,” as noted in Harvard Business Review. In order to lay the found…
Business model innovation (BMI) is becoming ever more important as it turns out increasingly difficult for companies to differentiate based on products and services alone. Continue reading →
To create a system that leads to better innovation and more successful marketing, executives must first know how to overcome factors inherent in organizations that all too often limit the business’ ability to grow.
In the last 10 years what’s happened is cloud computing—that’s why we’re here, right? Before, you had to buy servers, you had to have co-location. Now, just call up IBM and all of a sudden you have infrastructure. There’s that, there’s also crowdfunding, which didn’t exist before. There’s also social media, which didn’t exist before. So now, innovation and entrepreneurship is a lot cheaper, and I think a lot more people will start companies.
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