Business Model Innovation Demystified

All business models are not alike. Unfortunately, many executives look at their own firm’s business model as a given—as the natural, the best, or perhaps even only way to make money in a given industry. But, in reality, there are many, many business models that...

Business Sector Innovation

What Business Sectors are in Need of Innovative Thinkers? As the world creeps out of the worst financial crisis in decades, company leaders must avoid falling back into bad business habits that preceded it. One of these habits is a lack of attention to innovation....

Managers vs. Leaders

What is the difference between a leader and a manager? Figuring out the distinction between leaders and managers might seem like an academic question to some, but getting the answer right has tremendous, real-world impact. In my last article, I discussed the fact that...

Thinking Innovatively

How Can We Encourage Employees to Think More Innovatively? There are many barriers to thinking more innovatively. The trick is to overcome or compensate for those barriers. But this is not easy. In fact, these barriers are hard to overcome because they often become...

Greenovations

Uniting Innovative Approaches with Sustainability Practices Although widely used, the concept of innovation is often misused. The same could be said with the concept of sustainability. For our definition of greenovations, we combined our description of business...