Marc Sniukas — Strategic Innovation. Business Model Innovation. — Page 2

Ideas & Thinking

25 Ways to Reinvent your Business. Part 1/3

Any goals for 2010 yet? What about reinventing your business? Let me share 25 ways on how you can get started. This is the first post in a 3 part series on how to reinvent your business. The series is build around the who-what-how framework. Your business is defined by who you consider being your [...]

Ideas & Thinking

Driving Innovation: How to get started?

Some random thoughts: Put innovation (define the type of innovation you’re looking for) on the agenda Take and allow time for creativity and slack Encourage people to pursue ideas Make innovation a central topic of your training and development programs Allow for small scale experimentation. “Just do it.” Set aside resources for these experiments. Create [...]

Ideas & Thinking

Organizing for Innovation

Looking at the literature on the role of top management in innovation, one often comes across the instruction to create an organizational context enabling and driving innovation. But what does such a context look like? I went through about 100 articles and studies and summarized my findings…here they are. First of all we have to [...]

Ideas & Thinking

On the difference between a Strategy and a Business Model

During a recent doctoral workshop at Zeppelin University on business model innovation (BMI) we had a discussion on the difference between a business model and a strategy. Business model innovation can be seen as one outcome of strategic innovation. (Have a look at my definition for other outcomes.) On the strategy level a company makes [...]

Business Model Innovation with the Future Space Workshop

Picture this: 10:00 am Monday morning on a foggy November day in Vienna. Large conference room. About 50 managers waiting for me to open the conference and expecting (probably) the usual welcome blablabla. Instead I went on stage and hit the play button on my iPod. What music you’re wondering? Nine Inch Nails, “Terrible Lie”. Can [...]

Ideas & Thinking

What is Strategic Innovation?

Strategic Innovation is a relatively new discipline within the field of strategic management going beyond the limitations of traditional approaches and tools to enable new growth and competitive advantages by creating new markets, new value and new business models.

Ideas & Thinking

Keep it simple: A new easy product line at Melitta

I find buying coffee can be a complicated experience. My supermarket features at least 20 different brands and they all have at least 10 blends each. And usually coffee names don’t tell me anything about the taste I can expect. So I was really relieved to see the new Melitta line of morning coffees: Melitta [...]

Ideas & Thinking

What specific capabilities are critical to innovation success?

A list of capabilities critical to innovation success.

Ideas & Thinking

What’s your business model?

Business Model Innovation is en vogue. Looking at the dedicated websites and publications, both academic and practical, one quickly realises that most authors focus on developing frameworks for describing business models. My hypothesis is that as businesses get more complex, the need for relatively simple models to describe them increases. Which might explain both, managers’ [...]

Ideas & Thinking

The Innovation Map: A framework for defining innovation outcomes.

What are the objectives of your innovation efforts? When talking to executives about innovation or innovation initiatives I very often experience that the objectives are not clear. To focus the discussion and make objectives clearer, I developed an innovation map featuring 4 prototypical innovation types. Using the map not only helps to focus the discussion, [...]

Ideas & Thinking

Are you driving innovation to the core?

Here’s a self assessment from “Innovation to the Core” by Peter Skarzynski and Rowan Gibson. Do you have a core set of people, distributed throughout the business, trained in the tools, processes and protocols of business concept innovation? Have you built a systematic process for continually generating and managing novel strategic insights, and for sharing [...]

Ideas & Thinking

McCafé: Business Model Innovation at McDonald’s

While Starbucks and Burger King have been suffering this year, global sales have been increasing for seven months in a row at McDonald’s. How exactly is the McCafé a strategic, business model innovation? Let’s have a look at the definition of Strategic Innovation (for more see this post). Strategic Innovation is about: new business models (including a [...]

Ideas & Thinking

New Revenue Streams in Live Music

I saw two concerts last week: Xavier Naidoo and Söhne Mannheims. In case you are familiar with German music you see the connection. For those who are not, let me explain. Xavier Naidoo is a solo artist, well known in Germany and Söhne Mannheims is kind of a boy group, being lead by Xavier Naidoo as [...]

Ideas & Thinking

Let me entertain you!

It has been quiet around Robbie Williams for a long time. But now he’s back! And he does so with a strategic innovation. On October 20, he will perform a European tour…with a single concert. His opening of the BBC Electric Proms will be shown in nearly 200 cinemas across Europe, followed by screenings in [...]

Ideas & Thinking

Reinventing Management

Last week I wrote that “management innovation” is about reinventing your management model. So what exactly is a management model? The management model defines what managers do and how they do it. So what do mangers do? Peter Drucker once said management is “Getting things done through other people”. This entails 3 elements: (1) things, [...]

Ideas & Thinking

LEGO’s Management Model

At a management innovation conference in Copenhagen in early September Jørgen Vig Knudstorp, CEO of LEGO, explained his management model. “The goal is to increase the ability of Lego as a business to adapt to changing circumstances, while dealing with the complexity of allocation and coordination issues.” To do so he concentrates on what he [...]

Ideas & Thinking

What is Management Innovation?

At the management innovation conference at Copenhagen Business School in early September academics and practitioners gathered to share their insights, challenges and research on management innovation. A theme that emerged pretty soon was the discussion around what management innovation actually is. While some were requesting a definition and insisting on the need of a definition [...]

Ideas & Thinking

Is your company innovative?

What makes us think of a company as being innovative?

Ideas & Thinking

Business Model Generation

Have a peak at the new book on Business Model Innovation. Download a free chapter, or order the book.

Ideas & Thinking

Innovation Tensions

When thinking about launching an innovation initiative you are faced with the question of how to do so. There are numerous ways and possibilities. Shall you launch a company wide program or rather use a focused team? Do you need a formal process or will you use informal communities of practice? Do you want your [...]

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