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Tag Archives | innovation

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Scenario Planning: Oxford Approach

Financial uncertainties, unpredictable national and international scenarios, environmental hazards, and technological breakthroughs have taken organizations by a surprise.  This has led many leaders to turn to Scenario Planning in order to come up with multiple possible scenarios—instead of planning and devising strategy for a single possible event.  Scenarios encompass plausible, but unpredictably important, situations and […]

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Stock-image-1-OCA

Open Corporate Accelerator (OCA)

The necessity to accelerate Innovation is not unique to a particular industry.  Incumbent companies in numerous industries are thoroughly cognizant of the competitive risks presented by the inadequacies of their Innovation chains.  They are also aware of the capabilities of startups in quickly utilizing technologies. This realization has given birth to the concept of Open […]

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Intelligent Enterprise

In order to contest and survive in this competitive business environment, organizations need to work towards developing a Differential Advantage that others cannot imitate. Organizations, generally, draw Differential Advantage from price reduction, proprietary intellectual property, key talent, or visionary leadership.  However, in this age of disruption and knowledge economy, a shared capability to reach evidence-based, […]

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Stock image 1 - Project Investment Selection

Project Investment Selection

Picking ground-breaking new projects for more investment and expansion is perilous and difficult since fresh ideas are characterized by major technological and market ambiguity.  There will forever be some winners and some failures in the process of evaluating Capital Investment projects for funding, but no one desires to be the decision-maker who failed to recognize […]

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journey

Business Model Innovation (BMI): Business Model Journey

In this article, we will go on a journey… a journey for your Business Model. As we all know, innovative Business Models can reshape industries and drive tremendous growth.   In fact, if executed successfully, Business Model Transformation can make organizations resilient in the face of Disruption and create Growth unbounded by the limitations of its […]

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Information Technology (IT) Redesign

Disruptive change has put a tremendous strain on organizations and their IT departments.  The capabilities of the IT talent is declining due to inadequate technical education and aging workforce.  Legacy systems and diverse IT applications are frequent across most organizations.  Mergers and Acquisitions have become a norm, pushing vendors to form alliances.  Mobile devices, tablets, […]

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Stock Image 1 - 3 approaches to Global Innovation

3 Approaches to Global Innovation

The current ever-changing and increasingly connected world demands taking an amplified approach to Innovation and Innovation Management. The conventional method of innovating locally and distributing the product or service globally is now being questioned more and more.  Effortless availability of unparalleled knowledge, essential for Innovation, is one key factor in bringing the traditional approach into […]

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Stock Image 1 - Global Innovation Mgt Primer

Global Innovation Management

Contemporary vibrant and contracting world demands using a wider approach to Innovation and Innovation Management. The customary approach’s reduced efficacy is due to the uncomplicated accessibility to exceptional knowledge necessary to Innovate.  Accessing and utilizing such knowledge effectually warrants a revitalized approach. Globalization of Innovation can be accomplished in numerous ways. Four of the common […]

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Stock Image 1 - Global Innovation Strategy

Global Innovation Strategy

Humans inherently connect to each other in an indigenous context, generate knowledge, and develop a product to be disseminated by way of commerce.  Traditionally, Global Innovation practice has seen assembling of people with vital capabilities and essential knowledge via co-location.  Co-location is the gathering of Innovation specialists into a handful of Innovation centers, domestically and […]

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Leadership Operating Model Design

Most people believe that the value and impact of the C-level leadership originates from the number of meetings conducted, having the ability to plan for long term, and make key strategic decisions collectively.  However, in reality, the C-level seldom works in unanimity to make collective decisions.  They often have animosities with each other and lack […]

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SCM2

Pharmaceutical Supply Chain Reinvention

Majority of pharmaceutical companies are persisting with decade old processes and routines.  They have transactional relationships with suppliers, lack of concerted efforts to progress ahead, and no vision to reap productivity rewards.  The reasons for continuing with these traditional practices include tax regimes, regulatory hurdles, and stable revenues from customers dependent on existing industry offerings. […]

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10 Hidden Strategic Opportunities

Potential opportunities always surround leaders.  It is up to them to pounce on those or regret overlooking them when someone else takes advantage of them. Leaders’ personal beliefs and assumptions often clash reality.  The trait is categorized as “confirmation bias” in Psychology, where individuals pick the data that supports their existing opinions and approaches and […]

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