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The best read strategy blog in 2015 was the blog from 1 February 2015 about “ Sustainability driving innovation “ I personally like this blog the most as well, as it supports the evidence that sustainability strategies stimulate innovation, beacuse sustainability needs new knowledge and capabilities.
They require openness, transparency, adaptability, co-creation, self-management and responsiveness. While searching for a modern-day typology for innovative organizations – to show our students and what kind of context they most likely would want to work – I found that none was there, so I created a new one.
Successful companies however view sustainability as one of the biggest trends that will shape the future and use sustainability as an innovation tool. Companies can use sustainability in their process innovation, product or service innovation, market innovation, brand innovation, company innovation and strategicinnovation.
In the September 2015 issue of the Journal of Learning, Culture and Interaction, there is an interesting article (Ness & Riese, 2015) about how multidisciplinary groups can create innovation through collaboration. People with special expertise from different disciplines should be open to innovative work. Norbert Bol.
In the December edition of Research Policy there is an interesting article by Tavassoli & Karlsson (2015) about the persistence of innovation. The research of Tavassoli & Karlsson (2015) shows that innovation is persistent. Product innovation shows the most clear path-dependency. Norbert Bol. Literature.
Sustainability is increasingly seen as a driver for innovation. Many innovations however fail or did not succeed yet. In a recent article (Wicki, 2015) there is an interesting insight of a failed green innovation and the lessons that can be drawn from this example for those who want to seize business opportunities in the green economy.
This is not a real surprise as Artificial Intelligence learns from data that we put in the system and as big companies are leading the innovation they are probably more concerned about their business model first. United Nations (2015), Transforming our world: The 2030 Agenda for Sustainable Developmen t. Andreou, A., Hatzakis, T.,
There is an interesting article in press (Hojnik & Ruzzie, 2015) about the drivers of eco-innovations also known as environmental innovations and green innovations. The upcoming article (Hojnik & Ruzzie, 2015) is based on 155 studies on drivers of eco-innovations. What drives eco-innovation?
In the December 2015 edition of the Journal of Economic Psychology there is an interesting article about passive innovation resistance (Heidenreich & Kraemer, 2015). Passive innovation resistance: The curse of innovation? Passive innovation resistance: The curse of innovation? Norbert Bol.
In the December 2015 issue of the Journal of Business Research there is an interesting article about positive marketing. Practice innovation is another pattern of positive marketing to create new meanings, doings or practices. In that respect it is more than cause marketing, green marketing and social marketing. Norbert Bol.
2015) about how we adopt sustainable new products and services that can help mitigate environmental problems. Many governments and environmental interest groups encourage the adoption of these sustainable innovations, but these innovations will only become mainstream if individual consumers are interested in adopting these innovations.
Innovation is a vital process for long term business success, whereby new ideas are generated and successfully implemented. Perhaps in this context it is better to define innovation as finding and implementing the normal way to do business in the future. Sustainability‐oriented Innovation: A Systematic Review. Norbert Bol.
Boosting creativity and innovation. When we want to boost creativity and innovation in an organization, there is not only a need for creative people but there is also the need for an organization supporting an innovative culture (see also the blog: Innovation is built on the desire for success ). Norbert Bol. Literature.
In the recent blog Innovation through collaboration some important conditions were presented how people with different expertise can work together to develop innovative ideas, such as being open to innovative work, respecting others and willing to learn. It is also important to understand how to create such an environment.
There is scientific evidence that companies with a strong commitment to innovation and sustainability outperform competitors with lower commitments. They show that sustainability and innovation lead to better business performance especially when it concerns explorative innovation (the development of new products). Norbert Bol.
To create innovations it is probably true that our desire for success should be greater than our fear of failure. Many innovations are the fruitful result of trial and error. In organizations that want to be innovative there is a need for a culture where people are not afraid to fail according to Bennett & Parks (2015).
Based on the recent article “ Exploring the interoperability of innovation capability and corporate sustainability ” in the April 2015 edition of the Journal of Business Research, there are 8 ways to improve the interoperability of innovation and sustainability. There are: Internal necessities of an organization.
When companies are innovating for sustainability there are different strategies that can be pursued. In a recent published article Brocken & Short (2015) give six examples of companies that are taking the sufficiency-based approach as a business model. Environmental Innovation and Societal Transitions. Norbert Bol.
The april (2015) special edition of the scientific journal of Long Range Planning is called “ Doing more with less? Based on the articles in the special issue it appears that companies find innovative ways to do more with less and increase firm value without undertaking significant cutbacks on their sustainability strategy.
In the previous Strategy Blog the importance of education was discussed and I added a poll with the question: “Do you think decision makers educate themselves enough about sustainability, innovation and entrepreneurship?” ” The majority of the voters indicated that decision makers do not educate themselves enough.
This is not a real surprise as Artificial Intelligence learns from data that we put in the system and as big companies are leading the innovation they are probably more concerned about their business model first. United Nations (2015), Transforming our world: The 2030 Agenda for Sustainable Developmen t. Andreou, A., Hatzakis, T.,
Dear readers of strategy blogs, New Year brings a beautiful opportunity to thank you for reading and interacting with me on business strategy, innovation and sustainability. 2015, article in press, corrected proof). May the New Year open up new ways and new roads to success for you, fulfilling all your aspirations! Revelli, C.
There is at the moment a lack of sufficient financial resources that is directed toward green investments in order to meet the climate goals that were set in 2015 during the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP-UNFCCC).
Take for example the poll in last week’s StrategyBlog researching the question: is sustainability driving innovation in your organization? To measure and manage sustainability more effectively it can be helpful to introduce the concept of Corporate Stakeholder Responsibility (CStR). Journal of Management, 0149206315569311.
There is at the moment a lack of sufficient financial resources that is directed toward green investments in order to meet the climate goals that were set in 2015 during the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP-UNFCCC).
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