The BMI Lab Blog

JULY 28, 2022

Learnings from sports competitions Competition in business is similar to sports competitions – there are winners and losers. It also explains why prominent firms, which have been known for their innovative products for years, suddenly lose their competitive advantage?

Technical Review 52

Technical Review Innovation Competition Handbook 52

Harvard Business Review

DECEMBER 6, 2010

So what could we see happening in 2011? From Ford, to Dell, to Starbucks (client), to Jet Blue, and a host of other companies who have pioneered early uses of social media for business, 2011 will be the year these companies take a serious look at integrating social media, not only regionally but globally.

Trends 21

Trends Policies Survey Competition 21

BrainZooming

JANUARY 6, 2017

The annual Top Innovation blogging competition is one area where I do ask for help! Related posts Vote for Brainzooming as Top 2014 Innovation Blog on @IXChat Top Innovation Bloggers of 2011 – Brainzooming Needs Your Vote! Please Vote Today for Brainzooming as a Top 2016 Innovation Blog! Your votes count, so please vote today!

Innovation 0

Innovation Competition Creativity 0

Business and Tech

DECEMBER 16, 2021

At the time we were looking to raise capital (between 2011 and 2013), businesses with women on the executive team received only 7 percent of the venture funding. In that case, you are not only well behind your competition, but you also have a costly uphill climb ahead of you. The leasing process needs to be digital.

Technical Review 246

Technical Review Technology Management Underperforming Technical Team 246

Paul Hobcraft

JULY 25, 2016

McKinsey in 2011 identified that 72% of transformation programs fail to deliver on their targets so there is an awful lot of thinking, planning and working through any transformation to make sure you end up with the 28% of the success stories. We need to ask can this lead to disruption, ours and others for competitive advantage?

Innovation 133

Innovation Technical Review Technology Disruption 133

Paul Hobcraft

AUGUST 20, 2015

Then it becomes a mad scramble to transform ourselves, often with damaging consequences of deteriorating performance, battling more competition that are sensing our weakness, never capable of returning to those previous highs. Both require thinking that is broad and expansive, with a strong sense of curiosity and discovery.

Change 100

Change Technical Review LEAN Design 100

Open Innovation EU

NOVEMBER 16, 2015

I recently ran into an article (Walrave et al 2011) that analyzed a simulation of investing in exploration vs. exploitation. However, because of the success of this strategy, there will be a decrease of competition (from your perspective) resulting in external pressure to focus more on exploration. Download infographic.

Strategy 52

Strategy Strategy Ideation Competition 52

Innovation 360 Group

JANUARY 25, 2011

Just the other day A Great Place to Work also released their list 2011 FORTUNE’S 100 BEST COMPANIES TO WORK FOR® which is based upon a deeper cultural audit and as far as I can see much more reliable. Their Top 5 on the Fortune list 2011 is: SAS. Boston Consulting Group. Wegmans Food Markets.

Company 40

Company Leadership Culture Groups 40

Open Innovation EU

MAY 17, 2017

As opposed to entrepreneurship, entrepreneurial thinking is not necessarily bound to entrepreneurs (to be); it is an essential skill for ‘strengthening human capital, employability and competitiveness’ (Bacigalupo et al., Klein & Bullock, 2006; Lewin, 2011; Von Mises, 1949). Koppl, 2008; Lewin, 2011). Neck et al.

Entrepreneurship 62

Entrepreneurship Creativity Underperforming Technical Team Study 62

Harvard Business Review

JANUARY 3, 2011

The big question for many leaders as they look toward 2011 is: "How can my company be one of them?". Putting Capabilities at the Foundation of Your Competitive Advantage. Competitive advantage stems from what the company does better than any other and from using those capabilities over and over again to create value for customers.

Strategy 16

Strategy Strategy Competition System 16

Paul Hobcraft

JULY 25, 2016

McKinsey in 2011 identified that 72% of transformation programs fail to deliver on their targets so there is an awful lot of thinking, planning and working through any transformation to make sure you end up with the 28% of the success stories. We need to ask can this lead to disruption, ours and others for competitive advantage?

Innovation 120

Innovation Technical Review Technology Disruption 120

Moves the Needle

AUGUST 14, 2018

The idea was conceived by Eric Ries and brought to life in his book The Lean Startup back in 2011. Competition is now global. This leads to no real innovation at all, and leaves the company vulnerable to competition, disruption and the natural deterioration of existing products and markets. Others are being disrupted.

LEAN 105

LEAN Examples Agile Innovation 105

Innovation 360 Group

FEBRUARY 20, 2020

Ultimately, the market evolved to support a declining price based on competitive price pressures, and that is good for everyone. Much like our discussion above regarding competitors, companies who take advantage of the “network” of customers can sometimes harvest significant competitive advantage. Penker (2008-2011).

Innovation 52

Innovation Roadmap Ideation Marketing 52

Strategos

MARCH 24, 2017

Founded in 2011 by Michael Dubin and Mark Levine, the startup attracted a lot of attention when Mr. Dubin featured in a comedic ad posted on Youtube that went viral. Both models exist in parallel today and have displaced traditional brick and mortar video rental such as Blockbuster. Challenging your orthodoxies.

Disruption 64

Disruption Innovation Industry Guidelines 64

Qmarkets

JULY 5, 2017

In 2011, Swiss Post implemented Qmarkets’ full configurable enterprise-grade Q-max innovation software to allow staff from different departments and locations to share new business ideas in an organized, structured environment. This, we believed, would provide us with the competitive edge we were seeking. “We

Idea Management 65

Idea Management Culture Ideation Engagement 65

The Inovo Group

MAY 14, 2020

What is needed is a new strategic framework that serves both the current, increasingly competitive, situation as well as providing a strategic path through an uncertain future. By 2011, they had several established stores in the Washington DC area and were ready to expand. In 2011, customers were saying “Wow.

Strategy 52

Strategy Strategy Underperforming Technical Team Disruption 52

Anaqua

MARCH 30, 2018

Those that are creative in utilizing existing data, combining internal and external data analytics, and innovate in ways to improve aligning R&D and IP with business objectives, will find opportunities for competitive advantage. End of 2011 $1,578. End of 2011 $48 (net of accumulated amortization of $1,114). billion ($2.9

Roadmap 40

Roadmap CTO Underperforming Technical Team Data 40

Innovation 360 Group

NOVEMBER 2, 2017

Innovation is notoriously difficult to measure but any activity that significantly impacts investment, staffing, resources and competitiveness needs to be measured. Join Magnus Penker, he will be speaking about Innovation Metrics. What techniques are being used to quantify and score innovation to push forward winners? About innov8rs.

Conference 40

Conference Innovation Project Tools 40

Innovation 360

FEBRUARY 22, 2018

Innovation is notoriously difficult to measure but any activity that significantly impacts investment, staffing, resources and competitiveness needs to be measured. Join Magnus Penker, he will be speaking about Innovation Metrics. What techniques are being used to quantify and score innovation to push forward winners? About innov8rs.

Conference 40

Conference Innovation Project Tools 40

Harvard Business Review

MARCH 2, 2011

The most intense competition between consulting firms is for "whale" engagements. McKinsey teams are beavering away in places like the United Arab Emirates and the 'Stans — Turkmenistan, say, or Tajikistan — but they're as likely to be doing operations projects as pure strategy work.

Strategy 16

Strategy Strategy Project Course 16

Innovation Excellence

MAY 18, 2020

So training tellers to process transactions efficiently was a key competitive trait. What’s more, these aren’t considered competitive traits, but commodity services. Borders filed for bankruptcy in 2011 and was liquidated later that same year. Our paychecks are usually sent electronically. Consider the case of bookstores.

Artificial Inteligence 53

Artificial Inteligence Technical Review Study Training 53

Innovation Excellence

MAY 13, 2020

In 2011, technology pioneer Marc Andreessen declared that software is eating the world. First, they lack barriers to entry, which makes it difficult to create a sustainable competitive advantage. Finally, rabid competition leads to high costs.

Software Review 53

Software Review Software Technical Review Artificial Inteligence 53

Planview

AUGUST 29, 2017

billion in 2011 to $20.3 As millennials grow to claim a larger stake in the global market, the ability to deliver highly personalized, flexible, convenient services will be key to remaining competitive. billion in 2015. Removing Transaction Barriers.

Disruption 49

Disruption Company Artificial Inteligence Data 49

BrainZooming

MAY 3, 2016

When being different than the competition is important (and it always is), an extreme idea can dramatically boost differentiation. ” Although these questions are valuable, I always imagine workshop audiences initially wondering about when they would use these since they typically lead to incredibly outrageous ideas.

Creative Thinking 40

Creative Thinking Creativity eBook Tips 40

Harvard Business Review

NOVEMBER 22, 2011

Consider this year's Black Friday competition. Low prices will still be a key draw for customers, of course, but retailers are refraining from hitting their red-colored "giant discount" panic buttons. Instead of slugging it out over big discounts, the jockeying is around "what time we open for the big sale.".

Trends 15

Trends Strategy Strategy Report 15

Wazoku

MAY 4, 2017

But improving a firm’s forecasting competence even a little can yield a competitive advantage. In 2011, Philip Tetlock teamed up with Barbara Mellers, of the Wharton School, to launch the Good Judgment Project. About the Good Judgment Project. intelligence agencies pose to their analysts.

Project 40

Project Training Leadership Analysis 40

Innovation 360 Group

MARCH 7, 2019

When co-founders Borje Toressomand and Sune Törnquist decided to launch their company in 2011 they knew what kind of company they wanted to start. Magnus Penker presents Lisa Toresson of HLL with their Innovation IQ, the highest in Europe. Now they are strongly positioned to act on this advantage.

Radical Innovation 40

Radical Innovation Innovation Culture Industry 40

Mills-Scofield

OCTOBER 4, 2015

As of 2011, only 26% of teens were employed. Certainly the reasons for this decline are multifaceted, from a struggling economy, to competition with older workers, to time conflicts, to the fact that many teens just don’t want traditional “teen jobs.” And don't forget the competitive college admissions market.

Disruption 40

Disruption Technical Review Competition Culture of Innovation 40

Innovation 360

MARCH 27, 2018

Innovation is notoriously difficult to measure but any activity that significantly impacts investment, staffing, resources and competitiveness needs to be measured. Join Magnus Penker, he will be speaking about Innovation Metrics. What techniques are being used to quantify and score innovation to push forward winners? About innov8rs.

Innovation 40

Innovation Conference Project Analysis 40

Christensen Institute

JUNE 27, 2023

In early 2011, during my first dialog with Clayton Christensen, I asked him, “Who is the most innovative company in the world, and what causes you to say that?” In order to deliver consumer delight, the unit of analysis and competition needs to move from a product or service to a business model. He immediately answered Intuit.

Innovation 52

Innovation Roadmap Design System 52

Adam Hartung

FEBRUARY 24, 2016

But if we take an historical look, despite how well WalMart’s value has done between 2011 and 2014, there are ample reasons to forecast a very difficult future. 2 – In March, 2010 AdAge ran a column about WalMart being “stuck in the middle” and effectively becoming the competitive “bulls-eye” of retailing.

Trends 36

Trends Competition Conference Strategic Thinking 36

Harvard Business Review

MARCH 2, 2012

American companies and academic institutions possess unique competitive advantages in developing these global leaders. In 2011, 71% of HBS's new cases were written about foreign companies. This post is part of the HBR Insight Center on American Competitiveness.

Competition 15

Competition Leadership Collaboration Policies 15

Adam Hartung

OCTOBER 25, 2015

Office 365 revenues were up, but they are cannibalizing traditional Office revenues – and not fast enough to replace customers being lost to competitive products like Google OfficeSuite, etc. Azure is in a growth market, but it faces very stiff competition from market leader Amazon. It is a struggle to see the good news here.

Leadership 36

Leadership Marketing Report Competition 36

ITONICS

FEBRUARY 25, 2020

This can lead to a significant competitive advantage, especially in large companies. Another important application is the strategic observation of competition with the help of machine learning. Are there any other exciting fields of application?

Trends 36

Trends Artificial Inteligence Innovation Management Innovation Processes 36

Innovation Excellence

JULY 3, 2020

According to Global Human Capital Trends 2015 pg 36, “Organizations that create a culture defined by meaningful work, deep employee engagement, job and organizational fit, and strong leadership are outperforming their peers and will likely beat their competition in attracting top talent.”. American Management Association. Kahneman, D.

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Culture Meeting Engagement Leadership 75

Adam Hartung

JULY 15, 2016

By 2011 Nintendo sale were down to 11.6m Sony and Microsoft both invested heavily in their competition. In fall, 2014 Microsoft raised the competitive ante, spending $2.5B ” While game apps did come out, these were seen as extremely limited and poor quality, not at all competitive to the Sony or Microsoft products.

Trends 36

Trends Competition Marketing Tools 36

Anaqua

FEBRUARY 26, 2018

This undoubtedly helped China become the top patent filer in the world in 2011. Licensing and litigation are increasing across the region because companies are aware that having a high-quality IP portfolio is the key to staying competitive worldwide. Globalization brings both commercial opportunity and increased competition.

Trends 40

Trends Technology Competition Marketing 40