Filtering by Category: Innovation & Strategy

Innovation Labs Should Not Be A Home For Homeless Ideas

Added on by Tendayi Viki.

In a bid to avoid the stifling bureaucracy within their company, intrapreneurs often create innovation labs that are separate units from the main organization. Not only do they seek to be physically separate but they also actively avoid aligning the work they do in the lab with the strategic goals of their company. While this may provide an initial, positive feeling of freedom to be creative, it is not a good long term strategy for sustaining innovation.

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CEO Insights on Innovation from the 2019 Bootcamp: Anton Affentranger, Former CEO of Implenia

Added on by Strategyzer.

During our 2019 Bootcamp last week, we had the pleasure of hosting Anton Affentranger, former CEO of Implenia, a European construction company with  $550M market cap. Alex and Anton discussed innovation within the context of an existing organization. Anton consistently referred to the challenge of innovating at an existing company (exploit portfolio) and how to convince stakeholders to assess innovation differently than execution.

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Innovation Project Scorecard: Evidence Trumps Opinion

Added on by Tendayi Viki.

The focus should not just be on products and services when running experiments to test new business ideas. Our focus should be on assessing if we are making progress from our initial idea to a profitable business. Teams need to show hard evidence that a market exists and customers are interested (i.e. desirability), that the required infrastructure can be built and managed (i.e. feasibility), and evidence that the projected revenues and profits are not a fantasy (i.e. viability).  We developed a tool to assess the progress that innovation teams are making in their quest to find business models that work.

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Business Model Evolution Using the Portfolio Map

Added on by Alex Osterwalder & Yves Pigneur.

We have been developing our Business Model Portfolio Map for our new book, The Invincible Company. Like all of our tools, we have found that the Portfolio Map is a great storytelling tool. It can be used to show the evolution of a company’s business model  over its lifecycle by measuring risk vs return.

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StratChat With Steve Blank: Startups vs Big Corporations - Who Will Win The Disruption War?

Added on by Strategyzer.

Startups have become more serious than before, and it's mostly because they're so well funded. Increasingly, they are disrupting established companies that are wealthy with resources (most importantly customers). Which one will reign supreme? In this session, two founders of modern entrepreneurship -- Steve Blank, creator of the Lean Startup movement and Alex Osterwalder, inventor of the Business Model Canvas and co-founder of Strategyzer -- discuss how companies truly stay invincible through killer business models and value propositions.

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Selling Innovation & Experimentation To A CFO

Added on by Lauren Eve Cantor.

Building a successful innovation engine involves convincing the Chief Financial Officer (CFO) to spend money on experimentation. Yet, CFOs often perceive experimentation as wasteful, because it involves failure and learning cycles. It also involves investing in ideas that might never pay off, because that’s the only way to identify the home runs.

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StratChat Replay: Roger Martin On Making Better Decisions In Today's Business World

Added on by Strategyzer.

In our first Stratchat of 2019, Strategyzer co-founder Alex Osterwalder is joined by #1 management thinker and business professor Roger Martin. The pair discuss two crucial areas for companies to survive in the 21st century: the false dichotomy between strategy & execution, and how organizations can make better choices around uncertainty.

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Interview: Alex Osterwalder At The European Business Forum 2018

Added on by Strategyzer.

In September of 2018, Strategyzer co-founder Alex Osterwalder, spoke at the Thinkers 50 European Business Forum in Odense, Denmark. In this interview, Alex gets specific on business model innovation versus “innovation as we know it”; and more importantly, how business impact is core to your business model.

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How To Know If Organizations Are Truly Dedicated To Innovation

Added on by Alexander Osterwalder.

Companies have incubators, accelerators, or other programs to signal that they are into innovation. A lot of the time, it’s just innovation theater. The money and the activities might be there, but there’s no real power behind it. If your company is doing the following, then they’re truly dedicated to innovation.

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Our Next Book: The Invincible Company

Added on by Alexander Osterwalder.

We’re excited to announce that we’ve teamed up with publishers Wiley for a third time to write the sequel to Business Model Generation and Value Proposition Design--The Invincible Company (working title). Take a look at what our new book will offer, and sign-up to be notified as we get closer to publishing!

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Talking About Better Innovation

Added on by Alexander Osterwalder.

It was a great experience to do EY’s Better Innovation podcast in front of a live audience at the Cambridge Innovation Center in Boston on Nov. 5. Thank you to Jeff Saviano for the great conversation on what makes startups succeed and how great innovation can happen in big companies. Catch the replay with key highlights in this post.

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Confident Innovation Teams Are Armed With Hard Evidence

Added on by Alexander Osterwalder.

Teams pitching innovation ideas have a habit of focusing on refining and presenting a fully fleshed product. This can cause a lack of confidence around new business ideas. What teams should really focus on is the evidence gathered so far, and if it’s helping to achieve the bigger picture.

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