A vast majority of executives, more than 80% according to sources, consider innovation to be paramount for the future success of their organization. Yet, very few of them are succeeding in it. A McKinsey study, for example, puts the number of executives who are satisfied with their innovation performance at 6%. There’s clearly a huge …
I recently read a great article on how disasters can lead to innovation by Paul Sloane here on Innovation Excellence. It’s a great reminder for all of us on how simple curiosity is the driving force behind many of the greatest innovations we come up with. The article inspired me to write a follow-up sharing …
You attend conferences. You read books. You take training classes. All with the goal of learning strategies from those who have paved the path to success before you. But what if following in their steps could lead you down the wrong track? 3M talks about its 15 percent rule–a philosophy that allows anyone in the …
I was shocked to see in my calendar that it’s exactly 30 years since I exited my corporate career as a top retail executive at the now defunct Coles-Myer Group. I also realized that it’s also my 30-year anniversary as a serial entrepreneur who is not only still in a SME business, but is ploughing …
The Intrapreneurs Studio program: from season 1 to season 2 In January 2017, we initiated the season 1 of the Intrapreneurs program in a 3 steps process, 1) Application, 2) Qualification, and 3) Incubation, as described in this previous post. In January 2018, we handled the season 2 of the Intrapreneurs program with a very …
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. Moreover, developing a ‘business model innovation capability‘ seems particularly vital in the light of ever decreasing life cycles. Shrinking life times of established business models are tied to the fact that …