Tag: business model innovation

For startups and entrepreneur-led businesses, purpose is an outcome of an iterative sensemaking process. Sensemaking is the underappreciated strategic activity of making sense of what is going on in Read more

Many entrepreneurs launch a venture with great certainty, passion, and grand hopes for the future. However, at some point the dream begins to dim. They might receive negative feedback about their Read more

How the Right Mix of Employee Incentives Fosters Innovation

Many people assume that when a family business honors its past, it can’t focus on the future. But our research has found that having the right incentives in place encourages employees at family Read more

This teaching exercise focuses on generating novel combinations of existing business models, products/services and markets. Diverse paths lead to entrepreneurial opportunities and innovative business Read more

What the Pandemic Has Taught Us About Crisis Management

Because COVID-19 had effects unlike any other crisis, crisis management research has received increased attention in the past few years. Within a few weeks, economic life was turned completely upside Read more

In his book Lean Startup in Large Organizations , corporate innovation expert Jim Euchner offers a systematic approach to successfully implementing Lean Startup practices in established companies, Read more