Every successful business, whether it is a startup or larger company, owes its success to its business model. Digitalization is reinventing the services and products. To catch the market opportunities, companies need to focus on initiatives that will...
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Driving product growth with business model innovation
Business model innovation was never as important as nowadays. Uncertain market forces are a challenge all companies face and are, in most cases, their primary source of risk. Shifts in customer habits, globalization, and technological innovations are...
How to successfully harness the speed and efficiency of a startup – corporate partnership.
Since the recession in 2008 and the bubble in 1999, startups have become a significant force in improving the marketplace. Today's entrepreneurial culture — with lower barriers to launching a company and with people who desire more and more flexibility,...
Linking customer experience to value. How does co-creation save money and increase ROI?
In my experience, large and medium-size incumbents understand that customer alignment leads to a change that exceeds their expectations, positively. The more customers realize their service or product provider listens, embraces, and deliver their...
Nobody owns ideas. Execution makes a difference in innovation.
Nobody owns ideas! I mean think about it—isn’t it a bit naive to believe that out of 7 billion people on the planet, you were the only person at a specific time to come up with your marvelous idea? Even if you find the AHA moment and it brings you the...
8 Common Corporate Innovations Mistakes & How to Prevent Them
Many people think that innovation springs from divine inspiration, pure luck, or chance. Creativity is like lightning in a bottle: very rare and hard to duplicate, so it can be hard to figure out the rules to it. There are many popular myths surrounding...
How does Walmart extend open innovation via $225 Million acquistion?
Walmart Mexico (Walmex) reported that its majority shareholder agreed to buy Cornershop for 225 million dollars. After that acquisition, it will sell the operations of the home delivery platform in Mexico and Central America. The purchase of Cornershop...
Customer focus innovation incubator and how to start one.
Today I have something amazing for you. Do you want to be a powerful innovator in your company? Do you want to work with your boss on the disruptive projects? Are you an innovator but you need a team, budget, and space to bring the future to people's...
Case study [WEBINAR]: How to be 7 more time effective at new product innovation and $385.000 leaner.
Large companies want to innovate at the highest speed, but they face many limitations which make the mission harder. This case study proves startups can solve many organizational and structural issues of corporations and they can bring precise results...
Don’t die! Make sure those 7 strategic elements are part of your innovation strategy.
Your company must innovate as if it were a startup to continue maintaining its position and market share in an increasingly competitive and unpredictable business world. If you do not do so, your company may encounter compromised situations, such as...
Local marketplace make more money because partnered with a startup.
The 'app' Manzaning offers more than 15,000 products from more than 150 neighborhood stores and four municipal markets in Barcelona, with the aim of facilitating the weekly purchase of frescoes in the Catalan capital and surrounding cities, such as Sant...
The myth of corporate innovation lab – it should bring money right?
The most big and medium companies opened their innovation labs. There are many companies will open innovation labs in the nearest future. Does the corporate innovation lab bring money to the mother company? Can it acutally change the revenue of large...