Hint: it’s not about the perks Fast Company‘s recently published 50 Best Workplaces for Innovators list is an eye-opener worth reading. The magazine’s research team, in partnership with Accenture, sought companies that “empower all employees…to create new products, improve operations, and take risks.” Ones where “innovation isn’t just a buzzword but a part of the…
We often use the phrase ‘it’s a marathon, not a sprint’ to encourage long-term commitment and endurance. But sprints are increasingly key to winning the long game. We’re not referring to simple bursts of speed, however; we mean a succession of rapid, customer-driven learning cycles that cumulatively build long-term advantage. So, what exactly is a…
Five Models For Sustainable Growth Part Five of a Five-Part Series For several weeks we’ve been discussing business model innovation – a topic many of you have asked about. This is the final post of the five-part series. Previous posts covered Accelerators and Incubators, Premium, Personalized & Service-focused, Platforms & Ecosystems, and Subscriptions/Rentals. Model #…
Why would customers choose your product over competitors? You guessed it, the total experience. Not the brand, product features, quality, or price, though these are important. Ultimately, service is what transforms a product into an experience. Service comes in many different forms. Customers shift between channels — phone, email, chat, in store, social media, etc.…
Interested in the topic from Cheryl Perkin’s May 9th THINC 2019 keynote presentation? You can find the details in the Innovationedge Insider Briefing Report – Five Business Models for Sustainable Growth.
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The meatless trend is sizzling hot, as plant-based burgers take the world by storm. But is this a passing fad or megatrend with long-term implications for Big Food and CPG? Beyond Meat ’s (BYND) IPO is the biggest newsmaker. On May 2nd, BYND began trading on the Nasdaq exchange; the first trade was at $46 which was 84% above…
Model #4 – Subscription, Rental, & Auto-Replenishment
Five Models For Sustainable Growth Part Four of a Five-Part Series For several weeks we’ve been discussing business model innovation – a topic many of you have asked about. The first three posts covered Accelerators and Incubators, Premium, Personalized & Service-focused, and Platforms & Ecosystems models. Today we look at Model #4 – Subscription, Rental,…
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