Digital Business Transformation Tools

Executives striving to remain competitive in the digital economy need to invest more in digital business transformation tools and capabilities. Digital business transformation tools are the digital economy equivalent of more traditional operational tools that have served technology and business leaders well over the last two decades. ITIL, CMMI, COBIT,…

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Outcome Driven Innovation in Transformation

Outcome Driven Innovation is a strategy and innovation process built around the idea that people buy products and services to get jobs done. It does this by linking a company’s value creation activities to customer-defined metrics. The outcome of Outcome Driven Innovation is an 86 percent success rate…

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In Digital: Value Creation vs. Competition

We hear it all the time – new startups competing with traditional businesses, if not replacing existing industries and categories altogether. Disruptive technologies like cloud computing and enterprise mobility have lowered the barrier to entry, if not totally eliminated it. Aspiring entrepreneurs need not worry about leasing an office space,…

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Transformation Constrained by Legacy Process, Plans & Culture

While all companies need to see digital technologies become an integral part of their business, this needs to be done in an innovative and integrated  manner, as opposed to simply plugging in and configuring standard solutions. While standard solutions can automate processes and save money, this is neither innovative or transformational, but…

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How 5 Types of Innovation Can Help You Disrupt

If you carefully orchestrate 5 or more of the 10 innovation types, particularly those types which most organisations typically ignore, you will almost always get disruptive innovation. That is the message shared by Larry Keeley – president and co-founder of Doblin, Inc., an innovation strategy firm known for pioneering comprehensive innovation…

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How to Cultivate People Who Create Miracles

Innovation to change business models, ways of working and create competitive advantage is one thing, but while leaders have read about disruptive innovation, many are not prepared to put in the effort to participate in radical transformation – which should be a concern for shareholders. Bran Ferren said; “They tell their…

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Switzerland, UK & Sweden Lead Global Innovation Index

Switzerland, the United Kingdom, Sweden, the Netherlands and the United States of America are the world’s five most innovative nations, according to the Global Innovation Index (GII) 2015. Economies that outperform their peers for their level of gross domestic product are designated in the report as “innovation achievers.” The index covers…

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Design Thinking – An Essential Tool

Although Design Thinking was first used to make physical objects, it is increasingly being applied to intangible issues, such as how a customer experiences a service. Jon Kolko explains how design thinking has come of age with large organisations applying the principles of design to the way people work. Take this…

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How to Fuel Corporate Innovation

As Jeffrey Phillips wrote last week, the problem with corporate innovation is that executives often do not know whether to use external innovation experts to create new products and services, or build internal capabilities. Although this report from Cap Gemini reveals the fact that 38% of the world’s top 200 companies have set up…

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55 Shades of Innovation

A new methodology known as “The Business Model Navigator” has been developed by the Business Model Innovation Lab in St Gallen, Switzerland to help companies innovate their business models, and move from the old to the new. The methodology structures the process of innovation of a company’s business model and encourages…

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Innovation Knowledge Base

Enroll in this innovation knowledge base for free to access over 30 easy-to-read blocks of innovation content, each of which will lead you through to some of the world’s finest impartial innovation intelligence sources. Access the Innovation Knowledge Base…

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How to Measure Innovation

The World Economic Forum recently asked can you measure innovation? When it comes to deciding how to manage and measure Innovation in your organisation it’s important to understand what Innovation means to you and your customers, and establish concrete KPIs that can be developed by formalising your Innovation process. But…

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Australia Could Do Better

Less than 5% of small and medium-sized firms in Australia seem to collaborate with higher education or public research institutions and this lack of collaboration between business and academia could be a threat to Australian business. History has shown us that Australian inventors and companies can be world leaders…

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How to Beat The Innovation Struggle

The theory of disruptive innovation was invented by Clayton Christensen of Harvard Business School, in his book The Innovator’s Dilemma. But what does disruptive innovation mean? Big companies have traditionally struggled to innovate in their business models, but they can be disruptive, if they identify and overcome…

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Innovation Without a Genius On-Hand

Truly effective business transformation requires innovation, but not every company has the luxury of an innovation genius or two on-hand. Systematic Ideation is an article based on extensive research, which presents a playbook of four cornerstone innovation strategies that provide a structured method to generate innovative ideas. Also discover…

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Digital Process Innovation

To incorporate digital process innovation into their operations, IT executives need to change some of the traditional behaviours and mind-sets in their organisations. In addition to the dual-speed IT architecture required for digital process innovation the folk at McKinsey explain that there are three key actions IT execs can take to encourage…

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Touching Emotions With Digital Tech

Customer Centricity is core to value-orientated digital transformation, and emotions need to be at the heart of customer centricity, particularly when 80% of a person’s life is guided by emotion. Game changing digital technologies such as mobile virtual reality (VR) create emotional connections between the product and the…

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Innovation is the Name of the Game

As Statoil and GE announced the winners of their first open innovation challenge, research published in a new 18-page report reveals that innovation centres are increasingly replacing traditional approaches to R&D. However, many companies are struggling with their innovation efforts as only 38% of the 200 surveyed said they…

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How to Transform Business Models With Six Degrees of Innovation

A new 74-page report from the Cambridge Judge Business School concludes that businesses transforming themselves successfully exhibit one or more of six shared patterns between technology and market demand. Read about the six degrees of innovation and how companies leveraging one or more of these business model characteristics can…

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Has Innovation Fatigue Set In?

Few things make creative people wearier than empty talk about innovation, and yet the “innovation” word is now so commonplace that it’s at risk of losing its value as a motivating brand attribute. Some company leaders boast about innovation, and yet have no innovation processes in place, or culture where…

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