Filtering by Category: Organizational Culture

“Failure” Saves Your Company Money & Encourages The Pursuit Of Bold Ideas

Added on by Alexander Osterwalder.

Companies traditionally see failure as a waste of money. This is the right perspective when you’re building a new factory or managing established processes. However, quick and cheap failure helps you identify which ideas NOT to pursue when it comes to creating new growth engines. This type of “productive failure” that leads to learning and insights helps you avoid investing millions of dollars in ideas that customers don’t want, won’t make enough money, or are impossible to execute.

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Time Is Worth More Than Money

Added on by Alexander Osterwalder.

You can't expect innovation teams to bring back perfect and completely validated business ideas without giving them the required time to do the work. In this post, we align expectations for time against the effort your team can place on validating new business ideas.

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Corporate Innovators Need Access To Customers

Added on by Alexander Osterwalder.

What’s the one thing companies have that startups don’t? Customers. Access to customers is indispensable to learn if new  business ideas have the potential to become solid growth engines. So why is it so difficult for corporate innovation teams to connect with a company’s existing customers?

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CEO Test: Are You Serious About Innovation Or Just Playing Theatre?

Added on by Alexander Osterwalder.

It’s not enough for CEOs to initiate innovation and strategy activities inside the company. The CEO has to participate in the process, with enough face time and involvement, or else it’s just innovation theatre. Here’s how that can change.

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Why Fortune 500s Don’t Invest In Growth

Added on by Alexander Osterwalder.

This blog post visualizes an idea that I heard from Roger Martin at the Drucker Forum in Vienna last year. Traditional shareholders expect predictable growth without risk. Growth requires a venture capital type investment philosophy. Let me explain.

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The Difference Between Amazon & Nestlé

Added on by Alexander Osterwalder.

Last week I talked to Steve Blank in Boston before our public Master Class. We had a chat about why established organizations have such a hard time to get beyond  innovation theater. Here’s a quick visual of that conversation.

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How W.L. Gore & Associates Uses 10 Week Rapid Innovation Sprints To Uncover New Areas Of Growth

Added on by Strategyzer.

W.L. Gore & Associates is uncovering ways to accelerate growth through fast paced customer discovery and business model innovation. This in-depth Q&A will show you how rapid Innovation Sprints with Strategyzer tools and techniques are helping the team at Gore to facilitate new areas of growth and to develop products that customers really want.

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Discussion: How Can An Established Business Collaborate With Its Innovation Engine?

Added on by Strategyzer.

In this StratChat episode, renowned professor and author Henry Chesbrough discusses the importance of collaboration between the existing business and its innovation engine. Listen to how both parts of the business can work together, instead of in conflict with each other. 

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Discussion: Companies Are Waking Up To Business Model Innovation

Added on by Kavi Guppta.

16 years since the release of the Business Model Canvas, companies are slowly waking up the importance of business model innovation. Strategyzer co-founder Alex Osterwalder reflects on the journey and offers concrete advice for what companies can do to seize the future of strategy and innovation. 

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Don’t Let Your Company Culture Just Happen

A happy and engaged workforce is the result of an intentionally designed company culture. It's not something that you just let happen. In this post we explain how to intentionally design culture that engages individuals, teams and leadership to contribute their best work, and we give you a tool and approach to help you do it. 

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