Category: Business
On the Job Training: Breaking the Mould
The on the job (OTJ) training model builds upon existing employee competencies and shapes them to the current business environment. Although typically quantitative in focus (paperwork, schedules, policies & procedures),...
Monetization Models in Innovation: Critical Touchpoints
Monetization models are directly tied to the company’s business model. As the foundation of the business’ logic, the business model’s building blocks support the ideation, development, delivery, and evaluation of...
The Innovation Stack: Understanding the Ecosystem
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Franchise Innovations: Launch Your Next Business
Franchise businesses are on the rise as entrepreneurs discover new ways to scale their business. Having a model readily available for immediate launch allows you to do what you...
Outsourcing Innovation: Evaluating Fit
Article Content Outsourcing Innovation Business Scorecard Evaluating Fit Benefits & Risks Tools to Bridge the Gap Outsourcing Planning & Evaluation Tool Outsourcing innovation can make sense when the innovation does...
Legacy Systems & Resistance to Innovation
Legacy systems represent business models that are dependent on outdated technologies, products/services, networks, and/or value propositions that are no longer competitive. In many instances, these legacy systems started out as competitive...
Accommodation in Business Excellence Fatigue
The role of accommodation in business excellence involves understanding what wastes to remove, what opportunities to leverage, what problems need resolution, and when to pivot. It involves identifying what is important...
Personality Driven Planning: Innovation Lessons
As the saying goes, ‘the squeaky wheel gets the grease,’ which means the person or group with the loudest voice is often the one who is heard. This is not...