What if a company does not have Innovation? “What If” Series
If a company lacks innovation, it can face several significant challenges that may hinder its long-term success. Here are some key issues: Challenges of Lacking Innovation Loss of Competitive Edge: Without innovation, a company may struggle to differentiate itself from competitors. This can lead to a loss of market share as more innovative companies attract customers […]
What if a company does not know how to bring innovation into the business? “What If” Series
If a company is unsure how to bring innovation into its business, there are several strategies it can adopt to foster a culture of innovation and drive sustainable success: 1. Encourage a Culture of Creativity Empower Employees: Encourage employees to share their ideas and solutions. Create an environment where creativity is valued and rewarded. Cross-Functional Teams: Form […]
What if companies do not have accelerators to achieve Sustainable Business Success? “What If” Series
If companies lack accelerators like innovation and organizational agility, they may face several challenges in achieving sustainable business success: 1. Inability to Adapt to Market Changes Stagnation: Without innovation, companies may struggle to keep up with evolving market demands and technological advancements, leading to stagnation. Slow Response: A lack of agility means companies cannot quickly adapt to […]
What if companies think they do not need accelerators to achieve their objectives? “What If” Series
What do you think?? Are they right?? Will they have a good chance to succeed?? Why do companies nowadays need accelerators to achieve sustainable business success? In today’s fast-paced and ever-changing business environment, companies need accelerators like innovation and organizational agility to achieve sustainable success for several key reasons: 1. Rapid Technological Advancements Technology is […]
What if a business wouldn’t have Effective Leadership? “WHAT IF” Series
Can a business operate without leadership? The absence of effective leadership in a company can have significant negative impacts on both customers and the sustainable business success (long-term success of the business) Here are some key points to consider: Impact on Customers Poor Customer Service: Without strong leadership, employees may lack clear direction and motivation, […]
October: A great month of the year that deserves our attention!
Three Great Events to be celebrated in October They are core components in the journey to Business Success! The CUSTOMER EXPERIENCE (CX) Day The reasons for choosing October as CX Month include: End-of-Year Planning: October is a strategic time for businesses to assess their customer experience strategies and make improvements before the holiday season, which […]
Do ISO standards help to achieve business success?
We believe that the foundation for sustainable business success in any company lies in 6 building blocks: EMPLOYEE EXPERIENCE, CUSTOMER EXPERIENCE, LEADERSHIP, STRATEGY, INNOVATION, and AGILITY. However, to put together those building blocks we believe the ISO standard can potentially be the glue that can also lead to improvements in various aspects of an organization […]
What does a Business Model for Sustainability require?
Business Model Innovation for Sustainability requires investment in time and money (directly and as opportunity costs), but it is often essential if a company wants to ensure success and contribute to a sustainable future. Several success factors must be considered: CULTURE Awareness: Foster culture for innovation and sustainability by raising awareness and capacity building. One […]
2022 vs. 100 years ago!
“THE FUTURE IS FASTER THAN YOU THINK! Does that excite you or scare you? What were the top breakthroughs of 2022? How do they compare to the breakthroughs of 100 years ago (1922)? Let’s rewind 100 years and look at the pace of innovation a century ago. In 1922, the world has just emerged from […]
What triggers innovation?
There are different triggers for initiating an innovation process. They could include the ambition to develop new markets, to make use of new technologies, to create positive impact, to react to competition, customer needs or regulatory changes, or bottom-line improvements. The triggers are why a company wants to innovate, and there can be several of […]