5 Ways to Overcome the $1 Million Paradox
To understand the difference between how new ideas are treated in startups and in big companies, you need to understand the $1 million paradox.
A Successful Approach to Corporate Innovation: ‘The 8 Ps of Innovation’
The business environment is becoming increasingly complex. Organizations have lived in a stable environment for many decades. The competitive advantage resulted from executing better than competitors. This is no longer the case.
The Power of Crowdsourcing as a Service
The Food and Drug Administration in the US has a lot of responsibility to protect and advocate for consumers. And one department in the FDA, the Center for Drug Evaluation and Research (CDER), regulates over-the-counter and prescription drugs, including biological therapeutics and generic drugs.
10 Guidelines for Business Model Innovation in Established Companies
Leading CEOs worldwide expect major changes to their company’s business model until 2020. As a consequence, organizations are currently about to realize that, today, business model innovation has become as important as technological innovation. However, developing new and viable business models still represents a serious challenge for large incumbent firms despite their resources, know-how, and key technologies. This article provides 10 guidelines for mastering business model innovation challenges in established companies.