Mike Downing

1,221 Flips | 8 Magazines | 6 Likes | 505 Followers | @med146 | Business and technology specialist with 20+ years of experience managing teams to drive project execution for supply chain, innovation, & IT

Organizational Pathways to Business Model Innovation

For several reasons, such as disruptive threats, digitalization or blurring industry boundaries, established companies are increasingly forced to …

Dual Partnership Strategy: Centralized vs. Adaptive Innovation Ecosystems

Being faced with disruption and increasing pace of change, many established companies fail to keep up. They often turn out to be ill-prepared to …

Innovation is About Getting Beyond the Idea | Integrative Innovation

<i>Thomas Edison said it over a century ago: Genius is 1 percent inspiration, 99 percent perspiration. Unfortunately, no one listened. When companies</i> …

Innovation

Scaling-Up: The Foundation

<i>This is the first part of a two-part lead article, co-written with</i> <i>Frank Mattes</i><i>.</i> <i>The – in the truest sense of words – ‘billion-dollar-question’ we are</i> …

Innovation

The Firm of the Future

What we learned from looking back was that, similar to other human endeavors, the idea of a business has evolved slowly but profoundly through a …

Innovation

The Firm of the Future Will Manage Two Types of Businesses

Bain and Company has just published a worthwile article, debating on the question: <i>What will the firm of the future look like</i>?Among several …

Four Paths to Business Model Innovation

Business model innovation is a wonderful thing. At its simplest, it demands neither new technologies nor the creation of brand-new markets: It’s about delivering <i>existing</i> products that are produced by <i>existing</i> technologies to <i>existing</i> markets. And because it often involves changes invisible to the …

How to Design a Winning Business Model

Artwork: Damián Ortega, <b>Controller of the Universe</b>, 2007, found tools and wire, 285 x 405 x 455 cm<p>Strategy has been the primary building block of competitiveness over the past three decades, but in the future, the quest for sustainable advantage may well begin with the business model. While the …

A Better Way to Think About Your Business Model

The business model canvas — as opposed to the traditional, intricate business plan — helps organizations conduct structured, tangible, and strategic conversations around new businesses or existing ones. Leading global companies like GE, P&G, and Nestlé use the canvas to manage strategy or create …

Why Business Models Matter

“Business model” was one of the great buzzwords of the Internet boom, routinely invoked, as the writer Michael Lewis put it, “to glorify all manner of half-baked plans.” A company didn’t need a strategy, or a special competence, or even any customers—all it needed was a Web-based business model …

The Theory of the Business

Not in a very long time—not, perhaps, since the late 1940s or early 1950s—have there been as many new major management techniques as there are today: downsizing, out-sourcing, total quality management, economic value analysis, benchmarking, reengineering. Each is a powerful tool. But, with the …

Innovation

What Is a Business Model?

In <i>The New, New Thing</i>, Michael Lewis refers to the phrase <i>business model</i> as “a term of art.” And like art itself, it’s one of those things many people feel they can recognize when they see it (especially a particularly clever or terrible one) but can’t quite define.<p>That’s less surprising than it …

When Is Teamwork Really Necessary?

Most leaders assume that they need to foster teamwork among the people whom directly and indirectly report to them. Teaming is now seen as the workplace equivalent of motherhood and apple pie — invariably good. The problem is when leaders try to drive the wrong kind of collaboration on their …

What Leaders Need To Do To Boost Innovation

<b>In this post I share four elements I’ve seen that are crucial for leaders who want to make innovation a reality in their companies. Bringing these</b> …

Why Scaling Innovation Is More About Discipline Than Disruption

Again and again, we hear company founders complain in utter frustration that the larger they grow, the less they accomplish. “We built our first …

The Designer Who Changed Airbnb's Entire Strategy

At the end of 2011, Airbnb was entering hyper-growth with 13 international offices and over a million nights booked in 182 countries. But instead of popping champagne, Airbnb’s leadership enlisted Rebecca Sinclair, Head of User Experience Research and Design, to lead a nights-and-weekends …

Human-Centered Design

Design Thinking Comes of Age

There’s a shift under way in large organizations, one that puts design much closer to the center of the enterprise. But the shift isn’t about aesthetics. It’s about applying the principles of design to the way people work.<p>This new approach is in large part a response to the increasing complexity of …

Design Thinking — a whole new way to address familiar problems

What is ‘design thinking?’ The simplest way is to think of it as a new, holistic approach to solving problems and reaching new outcomes. Design …

The 5 Critical Success Factors Of A Successful Innovation Sprint

<b>We frequently help large companies run Innovation Sprints to shape and test new business ideas. This helps them kickstart innovation or the</b> …

Innovation

The Cure for Innovation FOMO

Imagine you’re planning a vacation for your family. It’s going to be 5 days, and you’re taking your children and your parents, and everyone is …

Innovation

Here Are All the Tools Google Uses to Encourage Innovative Thinking Absolutely Free

You can't force creativity, but you can create an environment that encourages it. Google has figured out how.<p>In this fast-changing world, every company can benefit from more good ideas. Where do you get them? One approach is to hire people specifically tasked with creativity. But some of the …

Get Creative With Your B2B Experiments

<b>In business-to-business (B2B), it’s not enough to be creative when coming up with new value propositions and business models. You need to be creative</b> …

B2B

The Jobs-to-be-Done Canvas – Jobs-to-be-Done + Outcome-Driven Innovation

Helping a product team see a market through a Jobs-to-be-Done lens is often a transformational experience. This canvas can help drive that …

How Tim Brown Encourages the Advancement of Bold Ideas

“The faster we make our ideas tangible, the sooner we will be able to evaluate them, refine them, and zero in on the best solution.” <i><br>—Tim Brown, CEO</i> …

How To Build A Culture Of Innovation And Turn Every Employee into an Innovation Powerhouse

Nothing will propel a company further than a culture of innovation: an atmosphere that inspires employees, every hour they’re at work, to seek out innovative opportunities. I make it a priority to establish such a mindset through my work as a company culture consultant focused on culture …

Employment

Break the Rules: How Thinking Flexibly Leads to Innovation

Physicist Leonard Mlodinow describes how elastic thinking lets people unleash their inherent creativity, in his new book.

Don't Believe These 4 Myths About Innovation

What worked for Steve Jobs or Elon Musk Might not work for you.<p>Go to any conference these days and innovation is almost sure to come up. When it does, you can be just as sure you will see something Steve Jobs said, something Elon Musk did (or plans to do) and some doomsday scenario about how robots …

What is full lifecycle idea management?

Bill Gates once said: “Software innovation, like almost every other kind of innovation, requires the ability to collaborate and share ideas with …

How To Build Invincible Companies

<b>It’s more important than ever for companies to focus on inventing the future. Companies have to start giving more power and prestige to growth</b> …

Following the digital thread

Join us in our eight-part exploration of the digital thread—a digitally enabled process with the potential to revolutionize design, production, and …