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To innovate or not to innovate – The introduction of a Business Innovation Valuation model
The introduction of a Business Innovation Valuation model The Business Innovation Valuation model is introduced to validate an intended innovation trajectory. This framework is a business management tool to help companies with innovation decisions. In the previous blog, a personal innovative purchase “to-buy-or-not-to-buy a cell phone; the Nokia...Continue
Confronting uncertainty management with 5 skills (SCIEF)!
Confronting uncertainty management with 5 skills (SCIEF)! Each company wants to secure its future. They want to become even better. However, the larger the uncertainty, the more the focus on preservation. In case of more certainty, companies act probably more opportunistically. Therefore, to act in times of uncertainty,...Continue
To innovate or not to innovate – Case “My first cell phone”
Case “My first cell phone” How does a company decide to innovate or not? How does an organisation decide to purchase e.g. a new intelligent IT cloud solution. Before answering this question, I want to answer a different question in this blog first: “What moves me personally to...Continue
The 4 main obstacles on the road of innovation
What hinders us to innovate? Even when there is much value to achieve, and a lot of pain to relieve, the path of innovation is not always taken due to obstacles. Although trends can increase the urge for innovation, many barriers can be on the way. These barriers...Continue
Punch the moose or throw the hat over the fence!
What forces us to innovate? Wat moves a person or organization to innovate? Two English expressions reflect those reasons: ”Punch the moose!” and “Throw the hat over the fence!”. Punch the moose on his nose and you will start running. At least, if you do not want to get...Continue
Innovation is digging up old pain
Innovation is looking at old problems from a different view. Children often surprise us with this skill. The following story is an example of a child’s perspective. An elder man had lost his wife a couple of weeks ago. He cried in front of his vegetable garden sitting...Continue