‘Borrow’ Business Models to Reinvent Your Industry

Most “new” business models are not really “new”. Very frequently they are based on replications or re-combinations of existing business model patterns. Consequently, learning from business models from other companies and industries is a very important source of inspiration for business model innovation. Go to Source Tags: Strategic management, business models, Business, model

Experiential Learning for Developing Managers: A Practical Model

Abstract

Purpose – This paper’s purpose is to create a practical system for assessing the need for developmental opportunities for management development while functioning on the job and to assist managers in selecting from those opportunities. This includes assessment strategies, discussion of developmental patterns, and potential gains in organizational commitment and managerial performance.

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Profits, R&D, and innovation–a model and a test

In this article, we propose an integrated view of the mechanisms supporting the Schumpeterian “engine of progress.” We investigate—at the industry level—the interconnections between three key relationships shaping the dynamics of innovation and economic performance: first, the ability of industries’ R&D efforts to turn out successful innovations; second, the ability of innovations to lead to high entrepreneurial profits; and third, the commitment of industries to invest profits in further technological efforts.

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Meet Your New R&D Team: Social Entrepreneurs

Confident Businesswomen

The smartest minds in social innovation are increasingly committed to engaging with the private sector to make significant changes in areas like health, education, and poverty. As Steve Davis, former lead in McKinsey’s Social Innovation practice and president of the global health NGO, Path, has said: “The best social innovations are not necessarily widely adopted. The ‘iPods’ of poverty alleviation and literacy have likely been invented and put to use by small organizations in some corner of the globe, but there is no market for identifying these breakthrough ideas and ensuring widespread adoption.”

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