The BMI Lab Blog

JULY 28, 2022

Learnings from sports competitions Competition in business is similar to sports competitions – there are winners and losers. The holistic approach of how a company is implementing a strategy and works its way towards its vision is described by the logic of all dimensions of its business model – the WHO, WHAT, HOW and VALUE.

Technical Review 52

Technical Review Innovation Competition Handbook 52

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. Unless we create a strategy to transform, how can we re-imagine our innovation processes?

Change 100

Change Technical Review LEAN Design 100

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?". Leaders need to look past Wall Street-pleasing adjacencies or new businesses, and instead make sure their core strategy will result in long-term success. Putting Capabilities at the Foundation of Your Competitive Advantage.

Strategy 19

Strategy Strategy Competition System 19

Paul Hobcraft

JULY 25, 2016

To get to this transforming point we need to build in a faster adaptation of business strategies and turn out faster innovation outcomes that meet these needs as key to this. We need to ask can this lead to disruption, ours and others for competitive advantage? This requires a company to become far more ‘highly automated and adaptive’.

Innovation 120

Innovation Technical Review Technology Disruption 120

Harvard Business Review

MARCH 2, 2011

Among my questions to them: How are you thinking about strategy these days? Some tentative conclusions: There is not much of a market for stand-alone strategy studies any more. Strategy has triumphed, the installed base is huge, no self-respecting company would be without one. This poses a dilemma for consulting firms.

Strategy 19

Strategy Strategy Project Course 19

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

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

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. The post Identifying Opportunities for Disruptive Innovation appeared first on Strategos – Strategy and Innovation Consulting Firm. Challenging your orthodoxies.

Disruption 64

Disruption Innovation Industry Guidelines 64

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. There has to be the component of agility to match that of the customer baked in to the company strategy. Some organizations are adopting lean startup now because they need to create new growth.

LEAN 105

LEAN Examples Agile Innovation 105

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 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.”. Employees who feel their voices are heard are 4.6x

Culture 75

Culture Meeting Engagement Leadership 75

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. Our aim was to generate strategies to not only weather any such potential changes but also to be ahead of the curve.

Idea Management 65

Idea Management Culture Ideation Engagement 65

Stephen Shapiro

AUGUST 29, 2022

I previously started posting the 40 strategies from my Best Practices are Stupid book. As you read this and the other chapters, please remember that this book was published back in 2011. Although a workable solution may have been found using this strategy, it is unclear if that was the case.

Technical Review 59

Technical Review Tips Underperforming Technical Team Creativity 59

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. In 2016, Mr. Penker received the Business Magazine award as the ‘Most Innovative CEO Sweden 2016’ and ‘Growth Strategy CEO of the Year Sweden 2016.” 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. In 2016, Mr. Penker received the Business Magazine award as the ‘Most Innovative CEO Sweden 2016’ and ‘Growth Strategy CEO of the Year Sweden 2016.” About innov8rs.

Conference 40

Conference Innovation Project Tools 40

Innovation 360

MARCH 27, 2018

In this interactive workshop and round table discussion you will get the opportunity to understand your organization’s strengths and weaknesses in order to guide strategy, decisions and resource allocation. Innovation Circle by Sofie Lindblom. To put it simply: increase the chances to succeed with your innovation efforts. About innov8rs.

Innovation 40

Innovation Conference Project Analysis 40

BrainZooming

MAY 3, 2016

When being different than the competition is important (and it always is), an extreme idea can dramatically boost differentiation. For organizational innovation success, contact The Brainzooming Group to help your team be more successful by rapidly expanding strategic options and creating innovative growth strategies.

Creative Thinking 40

Creative Thinking Creativity eBook Tips 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

Harvard Business Review

MARCH 2, 2012

As global companies focus their strategies on developed and emerging markets, they require substantial cadres of leaders capable of operating effectively anywhere in the world. American companies and academic institutions possess unique competitive advantages in developing these global leaders.

Competition 18

Competition Leadership Collaboration Policies 18

Harvard Business Review

NOVEMBER 22, 2011

The resulting "have and have not" economy is shaping each retailer's pricing strategy. Consider this year's Black Friday competition. In fact, price matching is a strategy to raise prices. This holiday season, many retailers are pondering a similar question: "Do we really have to give away so much margin?". All good, right?

Trends 15

Trends Strategy Strategy Report 15

Qmarkets

JULY 8, 2017

Put simply, Operational Excellence can be defined as a management principle which encourages the discovery and implementation of incremental changes, with the objective of optimizing processes to achieve a competitive advantage. In his 2011 book, Design for Operational Excellence, Kevin J. Right Idea, Wrong Approach.

LEAN 49

LEAN Crowdsourcing Software Review Knowledge Base 49

Anaqua

FEBRUARY 26, 2018

However, there is one ongoing development that’s consistent across the region: the greater recognition by Asian companies of the need for better, more effective IP management to help them align their IP rights with their business strategies for commercial success. This undoubtedly helped China become the top patent filer in the world in 2011.

Trends 40

Trends Technology Competition Marketing 40

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

hackerearth

DECEMBER 29, 2017

Companies with a formal system in place are 75% more likely to define their innovation strategy as delivering a competitive advantage (21% vs. 12%), twice as likely to introduce a new business process or model (32% vs. 16%), and 35% more likely to say they are typically first to market with new products or services (50% vs. 38%).

Software 45

Software Innovation Management Management Innovation 45

Adam Hartung

APRIL 21, 2016

These were some really big companies that saw their market shifts, but failed to “pivot” their strategy to remain competitive. Netflix’ share price soared from $50/share to almost $300/share during 2011. By 2008 Netflix reached $1B revenues, reducing Blockbuster by a like amount.

Video 36

Video Marketing Strategy Strategy 36

Adam Hartung

JULY 8, 2015

Yet he still has not put forward a strategy that should encourage investors, employees, customers or suppliers that the company will remain relevant long-term. Because between 2011 and 2013 Nokia had already lost half its market share. Why was I so sure it would be a mistake? And still, almost nobody is using the product.

Marketing 36

Marketing Competition Software Strategy 36

hackerearth

DECEMBER 29, 2017

Companies with a formal system in place are 75% more likely to define their innovation strategy as delivering a competitive advantage (21% vs. 12%), twice as likely to introduce a new business process or model (32% vs. 16%), and 35% more likely to say they are typically first to market with new products or services (50% vs. 38%).

Software 40

Software Innovation Management Management Innovation 40

Qmarkets

APRIL 24, 2017

Put simply, Operational Excellence can be defined as a management principle which encourages the discovery and implementation of incremental changes, with the objective of optimizing processes to achieve a competitive advantage. In his 2011 book, Design for Operational Excellence, Kevin J. Right Idea, Wrong Approach.

LEAN 40

LEAN Crowdsourcing Software Review Knowledge Base 40

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

Qmarkets

JULY 8, 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. Our aim was to generate strategies to not only weather any such potential changes but also to be ahead of the curve.

Idea Management 40

Idea Management Culture Ideation Engagement 40

Harvard Business Review

MARCH 19, 2012

The big exception is Amazon, With the Kindle Fire, which was introduced last year, it is pressing forward with a full-fledged ecosystem strategy. The big difference is that the eReader market of 2007 was an open field; the tablet market of 2011 had a dominant giant.

Strategy 15

Strategy Strategy eBook Case Study 15

Harvard Business Review

JANUARY 19, 2011

But now the company faces renewed competition for the title of green auto leader. In the last couple of years, every auto giant has launched alternative vehicles, which they've been touting aggressively at the current Detroit Auto Show (see my newsletter on the different strategies the big companies are pursuing).

Strategy 15

Strategy Strategy Policies Report 15

Adam Hartung

OCTOBER 16, 2015

In May, 2011 I reiterated this problem at Wal-Mart in a column that paralleled the retailer with software giant Microsoft, and pointed out that because of financial machinations not all earnings are equal. At that time WMT was about $54/share. I recommended nobody own the stock. Investors buy and hold.

Marketing 36

Marketing Software Company Report 36

Harvard Business Review

NOVEMBER 19, 2015

By 2011, it had become apparent that Brazil’s recent prosperity depended too much on China’s appetite for commodities and on the Brazilian government’s ability to fuel consumer spending through direct transfers and credit expansion. Strategy 1: Adapt Your Value Proposition. Strategy 2: Localize Your Business.

Strategy 15

Strategy Strategy Marketing Industry 15

Qmarkets

OCTOBER 30, 2018

Case in point, the Texas-based marketing firm Epsilon – which managed email communications for over 2,500 clients – suffered a breach in 2011 , resulting in 50 client databases being stolen. Crowdsourcing is the most effective strategy. So how can C-suite executives get past fear of failure and embrace disruptive innovation?

Innovation Management 40

Innovation Management Management Software Innovation 40

Qmarkets

FEBRUARY 13, 2019

– where levels are the highest in the world – the rate for engagement has been stuck at around 30% for nearly a decade, growing from 29% in 2011 to 31% in 2017. In Canada and the U.S. On top of this, it’s estimated that actively disengaged employees cost the U.S between $483 and $605 billion annually in lost productivity.

Engagement 40

Engagement How To Project Knowledge Base 40

Harvard Business Review

DECEMBER 22, 2011

This is a tremendous strategy. If you're a marketer working on making sure your site is visible in an area where Google is competitive, remember that you may need to do more than an organic search or paid advertising in order to be successful. To see this in action, try searching for " BOS to SFO " in Google.

Marketing 22

Marketing Change Software Data 22