Strategic Innovation

Toolkit

Reinventing Your Business Discussion Guide

Here is a set of questions helping you to think about your strategy, and find some new answers to the old questions of how to differentiate your company from your competitors, and find new paths for growth.

read more >
News & Events

Workshop: The Who, What, How of Strategic Innovation.

Inspiration shower for the paperJam business club in Luxembourg. During this highly interactive workshop you will have the opportunity to learn about a new approach to strategy. Drawing on concepts of business model innovation, breakthrough strategy, Blue Ocean Strategy and disruptive innovation, we will have a look at a comprehensive framework for thinking about how [...]

read more >
Perspectives

25 Ways to Reinvent your Business. Part 2/3

In part 1 of the reinventing your business series, I outlined 1 general approach to business reinventing, and 7 ways to invent new markets and customer segments, we could call it “market innovation”. This post will focus on your value proposition and I will describe 9 ways to value innovation and provide inspiration on how to enhance the value you offer: “Value Innovation”.

read more >
Perspectives

25 Ways to Reinvent your Business. Part 1/3

Any goals for 2010 yet? What about reinventing your business? Let me share 25 ways on how you can get started. This is the first post in a 3 part series on how to reinvent your business. The series is build around the who-what-how framework. Your business is defined by who you consider being your [...]

read more >
Perspectives

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 [...]

read more >
Case Studies

Business Model Innovation with the Future Space Workshop

Picture this: 10:00 am Monday morning on a foggy November day in Vienna. Large conference room. About 50 managers waiting for me to open the conference and expecting (probably) the usual welcome blablabla. Instead I went on stage and hit the play button on my iPod. What music you’re wondering? Nine Inch Nails, “Terrible Lie”. Can [...]

read more >
Perspectives

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.

read more >
Perspectives

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’ [...]

read more >
Toolkit

The Innovation Map: A framework for defining innovation outcomes.

What are the objectives of your innovation efforts? When talking to executives about innovation or innovation initiatives I very often experience that the objectives are not clear. To focus the discussion and make objectives clearer, I developed an innovation map featuring 4 prototypical innovation types. Using the map not only helps to focus the discussion, [...]

read more >
Case Studies

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 [...]

read more >

← Previous Entries

Next Entries →