Ideas & Thinking

Ideas & Thinking

Driving Innovation: How to get started?

Some random thoughts: Put innovation (define the type of innovation you’re looking for) on the agenda Take and allow time for creativity and slack Encourage people to pursue ideas Make innovation a central topic of your training and development programs Allow for small scale experimentation. “Just do it.” Set aside resources for these experiments. Create [...]

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Ideas & Thinking

Organizing for Innovation

Looking at the literature on the role of top management in innovation, one often comes across the instruction to create an organizational context enabling and driving innovation. But what does such a context look like? I went through about 100 articles and studies and summarized my findings…here they are. First of all we have to [...]

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Ideas & Thinking

On the difference between a Strategy and a Business Model

During a recent doctoral workshop at Zeppelin University on business model innovation (BMI) we had a discussion on the difference between a business model and a strategy. Business model innovation can be seen as one outcome of strategic innovation. (Have a look at my definition for other outcomes.) On the strategy level a company makes [...]

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Ideas & Thinking

What is Strategic Innovation?

Strategic Innovation is a relatively new discipline within the field of strategic management going beyond the limitations of traditional approaches and tools to enable new growth and competitive advantages by creating new markets, new value and new business models.

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Ideas & Thinking

Keep it simple: A new easy product line at Melitta

I find buying coffee can be a complicated experience. My supermarket features at least 20 different brands and they all have at least 10 blends each. And usually coffee names don’t tell me anything about the taste I can expect. So I was really relieved to see the new Melitta line of morning coffees: Melitta [...]

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Ideas & Thinking

What specific capabilities are critical to innovation success?

A list of capabilities critical to innovation success.

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Ideas & Thinking

What’s your business model?

Business Model Innovation is en vogue. Looking at the dedicated websites and publications, both academic and practical, one quickly realises that most authors focus on developing frameworks for describing business models. My hypothesis is that as businesses get more complex, the need for relatively simple models to describe them increases. Which might explain both, managers’ [...]

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Ideas & Thinking

Are you driving innovation to the core?

Here’s a self assessment from “Innovation to the Core” by Peter Skarzynski and Rowan Gibson. Do you have a core set of people, distributed throughout the business, trained in the tools, processes and protocols of business concept innovation? Have you built a systematic process for continually generating and managing novel strategic insights, and for sharing [...]

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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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