JV at CM

Dec 22 2009
[via connectit]
- The Sequence and Outcomes of Strategic Innovation
Defining Strategic Innovation
“If you look at common definitions of strategic innovation from academic and professional publications, you can observe the following three outcomes of strategic innovation:
Strategic innovation leads to either:
new business models (including a new value chain architecture), or
new markets (either by creating new ones or reshaping existing ones), or
increased value for both the customer and the companyor a combination of these three.
Drawing upon the above said, strategic innovation can be defined as:
a framework of interdependent content, process and context dimensions, 
facilitating the application of creativity and innovation to strategic management
in order to enable strategic differentiation and competitive advantage,
by challenging conventional logic and redefining the company’s business model, redrawing market boundaries, creating new markets and value improvements for customers and the company itself.”

[via connectit]

- The Sequence and Outcomes of Strategic Innovation

Defining Strategic Innovation

“If you look at common definitions of strategic innovation from academic and professional publications, you can observe the following three outcomes of strategic innovation:

Strategic innovation leads to either:

  • new business models (including a new value chain architecture), or
  • new markets (either by creating new ones or reshaping existing ones), or
  • increased value for both the customer and the company
    or a combination of these three.

Drawing upon the above said, strategic innovation can be defined as:

  • a framework of interdependent content, process and context dimensions,
  • facilitating the application of creativity and innovation to strategic management
  • in order to enable strategic differentiation and competitive advantage,
  • by challenging conventional logic and redefining the company’s business model, redrawing market boundaries, creating new markets and value improvements for customers and the company itself.”

2 notes  /  

Dec 21 2009
STEM of an IDEA
“STEM is an acronym you can see and hear all around the world as the intellectual ad campaign for “Science, Technology, Engineering, Math.” Indeed STEM is an important factor in achieving innovations today, but it’s only half of the puzzle — there needs to be a humanizing force to any invention for it to become relevant and important. What’s missing is the raison d’etre of a STEM outcome. That could only come from an IDEA-based approach — “Intuition, Design, Emotion, Art.” In this new century, whole-innovation will emerge naturally from the marriage of STEM together with IDEA.”

STEM of an IDEA

“STEM is an acronym you can see and hear all around the world as the intellectual ad campaign for “Science, Technology, Engineering, Math.” Indeed STEM is an important factor in achieving innovations today, but it’s only half of the puzzle — there needs to be a humanizing force to any invention for it to become relevant and important. What’s missing is the raison d’etre of a STEM outcome. That could only come from an IDEA-based approach — “Intuition, Design, Emotion, Art.” In this new century, whole-innovation will emerge naturally from the marriage of STEM together with IDEA.”

2 notes  /  

Dec 12 2009
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Dec 11 2009
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Dec 10 2009
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