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What do Blue Lobsters Have to do With Innovation? Everything!

Mills-Scofield

Blue Lobster at the South Bristol Coop , 2004. When you get enough of them together, you create a blue lobster organization – one that creates positive disruption. What’s with blue lobsters? Well, a blue lobster is rare, about 1 in 2 million , and very beautiful. The key to innovation has been and always will be People.

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Organizational Pathways to Business Model Innovation

Integrative Innovation

For several reasons, such as disruptive threats, digitalization or blurring industry boundaries, established companies are increasingly forced to create new business opportunities, i.e. to come up with adapted or even entirely new business models. Cannibalizing the existing customer base.

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Typology for Innovative Organizations

Open Innovation EU

New generations, societal change, sustainable goals and disruptive technology require organizations to be much more flexible, self-reinventing organisms that don’t fit above-mentioned design principles. structured ambidexterity; O’Reilly & Tushman, 2008; i.e. contextual ambidexterity; Birkinshaw & Gibson, 2004).

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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

2005) that the ´failure to adequately define the market is a key factor associated with venture failure´, we identify the definition of the target customer as one central dimension in designing a new business model. According to the degree of innovation, innovations can be divided into evolutionary and disruptive innovations.

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What do Blue Lobsters Have to do With Innovation? Everything!

Mills-Scofield

Blue Lobster at the South Bristol Coop , 2004. When you get enough of them together, you create a blue lobster organization – one that creates positive disruption. What’s with blue lobsters? Well, a blue lobster is rare, about 1 in 2 million , and very beautiful. The key to innovation has been and always will be People.

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What is design thinking and how can it help you innovate?

hackerearth

Survey results of Design Management Institute’s 2014 analysis show that design-led companies such as Coca-Cola, Nike, Procter & Gamble, IBM, Whirlpool, and Apple have maintained a significant stock market advantage for the past 10 years and have outperformed the S&P 500 by 219%. Stages of Design Thinking. Source: Forbes.

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Top 10 must-read books on Innovation

hackerearth

This is the key takeaway from this book published by Harvard Business School Press in 2004. Christensen’s theory of disruptive innovation has been called “the most influential business idea of recent years.” Johansson has driven home the point with a lot of success stories to make the narrative quite interesting.