Your company’s future depends on the search and validation of value propositions that connect with customers, and business models that create value for your organization. It’s a difficult task to prepare your company for the future while taking care of today’s business model.
Here are a few reminders to keep your teams motivated through the journey, with links to expert advice and content. Feel free to share your own reminders in the comments.
1. Do nothing and your company will become disposable
See: Great Strategy Is Really Great Portfolio Management
2. Good business model innovation starts with your culture
See: Why Your Company Might Be About To Have A ‘Kodak Moment’
3. Manage today’s business model while searching for tomorrow’s success
See: Why Corporate Leadership Needs To Get Comfortable With Frequent Business Model Innovation
4. Reinvent constantly. Don’t wait for a crisis to surprise the organization
See: Reinvent Your Company While It’s Still Successful
5. Innovation isn’t magic, it’s a process
See: Why Big Company Innovation Doesn’t Have To Be Expensive
6. Get leadership and teams to speak the same language.
See: The Vocabulary Of Strategy, Innovation, & Entrepreneurship
7. Your company’s existing assets might be the ticket to its next success
See: How Big Companies Can Make The Intrapreneur Sexy Again
8. Always, always, always champion evidence
See: Why Evidence Trumps Opinion
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