Tag Archives: Business Models

Innovation is a Lifestyle, Not a Bunch of Metrics

Far too many supposed innovation experts believe that measuring activities is critical to success. Maybe. Maybe not so much. At least for the big stuff. Innovation activities simply for the sake of doing something without context and insight from the measure may be in fact very misleading. Persistent growth, profit, ROI and NPV are the obvious measures, really the only ones that ...

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The Secrets to Effective, Efficient Ideation

We all want to win the never-ending race for great, effective, profitable new ideas. We want these ideas without a huge effort, without a huge risk and without a huge investment. We also want ideas with impact, that are rapidly actionable and ideally that utilize mostly existing resources and relationships. Most ideation is done in a highly periodic, no idea ...

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How Big Companies and Startups Use Co-Creation to Innovate

The latest research says “co-creation” is an untapped opportunity for innovation. Here’s how to do it. When I ran the internal strategy consulting group at HP, we constantly asked ourselves, “how can we get our $40 billion global behemoth operating more like a startup?”  That’s because like most big companies, we struggled with risk-taking and moving fast. Startups have different issues. Many upstarts ...

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How Behavioral Economics is Killing Innovation

When my daughter Maya was in middle school, she decided to repeat a behavioral economics experiment featured in Dan Ariely’s book Predictably Irrational for her science project. In her experiment, she offered participants from the control group two options. Facebook access, she suggested, was going to cost money. It would cost $5 a month to access Facebook through your phone only, and ...

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Is Organizational Structure The Secret to Innovation?

Change your company’s structure to get bigger and better ideas. Just about everyone wants more creativity and innovation these days. But what’s the secret to getting it? While most companies agree that innovation is vital, few actually spend time creating structures or devising rewards systems hinged on creativity. Many leaders also struggle with the fact that innovation comes from culture, something that’s hard to measure or ...

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Emerging Collaborative Tribes, Networks and Collectives 

It is becoming widely accepted that collaborative organisations adopt more fluid and loose structures, where individuals are given greater responsibility to take smart risks, make decisions appropriate to their role and the task concerned: Without hierarchy, status, power plays and the conventional “red tape” implicit rules, where people have a hunger to learn, are willing to continually improve and learn ...

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Radically Re-Thinking Work

It seems that the waves of change are not going to subside anytime soon. As AI and other advanced technologies permeate the workplace, flipping mindsets, learning new behaviours and skills and shaping organizational cultures are causing us to radically rethink work in ways that maximize the intelligences of both humans and machines. Leading companies are recognizing that these technologies are ...

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3 Ways To Join The Direct-To-Consumer Subscription Revolution

slim brown cardboard box being delivered through a letterbox in a front door

Direct-To-Customer Subscription The Direct-To-Consumer subscription model is booming. In fact, the online subscription service market has grown by more than 100 percent year-on-year for the past five years, jumping from $57 million in sales in 2011 to more than $2.6 billion in 2016 (McKinsey & Company). Why Now? A conflation of factors are fuelling the DTC subscription boom. The biggest ...

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Bringing Agile Innovation into the Stage Gate Process

Everyone is talking about how to speed up their innovation process. Or, at least make it more efficient. It is the current hot topic, especially amongst the multinational Goliaths. And with good reason… Starts-ups and digital business models are proving over and over again that they are winning at the innovation game. And this is all through their adoption of ...

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