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Ideas & Thinking

Ideas & Thinking

McCafé: Business Model Innovation at McDonald’s

While Starbucks and Burger King have been suffering this year, global sales have been increasing for seven months in a row at McDonald’s. How exactly is the McCafé a strategic, business model innovation? Let’s have a look at the definition of Strategic Innovation (for more see this post). Strategic Innovation is about: new business models (including a [...]

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Ideas & Thinking

New Revenue Streams in Live Music

I saw two concerts last week: Xavier Naidoo and Söhne Mannheims. In case you are familiar with German music you see the connection. For those who are not, let me explain. Xavier Naidoo is a solo artist, well known in Germany and Söhne Mannheims is kind of a boy group, being lead by Xavier Naidoo as [...]

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Ideas & Thinking

Let me entertain you!

It has been quiet around Robbie Williams for a long time. But now he’s back! And he does so with a strategic innovation. On October 20, he will perform a European tour…with a single concert. His opening of the BBC Electric Proms will be shown in nearly 200 cinemas across Europe, followed by screenings in [...]

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Ideas & Thinking

Reinventing Management

Last week I wrote that “management innovation” is about reinventing your management model. So what exactly is a management model? The management model defines what managers do and how they do it. So what do mangers do? Peter Drucker once said management is “Getting things done through other people”. This entails 3 elements: (1) things, [...]

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Ideas & Thinking

LEGO’s Management Model

At a management innovation conference in Copenhagen in early September Jørgen Vig Knudstorp, CEO of LEGO, explained his management model. “The goal is to increase the ability of Lego as a business to adapt to changing circumstances, while dealing with the complexity of allocation and coordination issues.” To do so he concentrates on what he [...]

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Ideas & Thinking

What is Management Innovation?

At the management innovation conference at Copenhagen Business School in early September academics and practitioners gathered to share their insights, challenges and research on management innovation. A theme that emerged pretty soon was the discussion around what management innovation actually is. While some were requesting a definition and insisting on the need of a definition [...]

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Ideas & Thinking

Is your company innovative?

What makes us think of a company as being innovative?

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Ideas & Thinking

Business Model Generation

Have a peak at the new book on Business Model Innovation. Download a free chapter, or order the book.

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Ideas & Thinking

Innovation Tensions

When thinking about launching an innovation initiative you are faced with the question of how to do so. There are numerous ways and possibilities. Shall you launch a company wide program or rather use a focused team? Do you need a formal process or will you use informal communities of practice? Do you want your [...]

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Ideas & Thinking

Eight Drivers of Innovation at Procter & Gamble

P&G distinguishes between 3 different types of innovation: Commercial innovation, focusing on the new usages of existing products without packaging or product changes. Sustaining innovation, consisting of improvements or extensions of existing products and brands. Disruptive innovation, creating new categories, segments, and sources of consumption. To make these innovations systemic, P&G sees eight main drivers, [...]

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Ideas & Thinking

An innovative approach to Change Management

Change management, and especially downsizing, turning organizations around and developing new business models and strategic positions in order to remain competitive, is a big topic these days. During turbulent times companies seem to focus on how to become more efficient and cut cost as much as they can to ensure their survival. New growth is [...]

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Ideas & Thinking

The Future of Management

Here’s a summary of Gary Hamel’s “The Future of Management”. Use it as an inspiration to bring innovation to your company. (and get back to us on how it worked!) Gary Hamel on The Future Of Management View more presentations from Marc Sniukas. View the presentation on slideshare The Future Of Management

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