{"id":13022,"date":"2021-01-06T19:08:39","date_gmt":"2021-01-06T18:08:39","guid":{"rendered":"https:\/\/www.strimgroup.com\/?p=13022"},"modified":"2021-01-06T19:09:20","modified_gmt":"2021-01-06T18:09:20","slug":"bcg-study-innovation","status":"publish","type":"post","link":"https:\/\/www.strimgroup.com\/en\/blog\/bcg-study-innovation\/","title":{"rendered":"BCG study “The Serial Innovation Imperative”"},"content":{"rendered":"

The BCG consultants Ringel, Baeza, Panandiker and Harnoss published the study “The Serial Innovation Imperative. The most innovative companies 2020”<\/a>.<\/p>\n

Facing turbulent and fast-changing markets, innovators need a well-tuned innovation system that can spot emerging product, service, and business model opportunities\u2014and then rapidly develop and successfully scale them\u2014over and over again.<\/p>\n

Successful serial innovators get three things right:<\/p>\n

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  1. They \u201cWalk the Talk\u201d<\/strong>: Innovation success starts with commitment\u2014making innovation a priority and investing decisively behind that ambition. And boldness\u2014being willing to pursue opportunities beyond your core. While 60% of companies rank innovation as a top 3 priority, not all walk the talk.<\/li>\n
  2. They Embrace the Benefits of Scale<\/strong>: Despite the conventional wisdom, larger companies pre-COVID-19 were not statistically disadvantaged on innovation versus smaller rivals. There are reasons to believe larger companies may now have an edge in developing winning products, services, and business models.<\/li>\n
  3. They Calibrate Their Innovation Systems for Success<\/strong>: You need a well-tuned system to drive a cycle of perpetual success. Ensuring that the \u201cmachine that makes the machine\u201d embraces best practices and is internally consistent across all dimensions is essential.<\/li>\n<\/ol>\n

    Explore the capabilities that drive serial innovation success:<\/p>\n

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    \"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

    The BCG consultants Ringel, Baeza, Panandiker and Harnoss published the study “The Serial Innovation Imperative. The most innovative companies 2020”. Facing turbulent and fast-changing markets, innovators need a well-tuned innovation system that can spot emerging product, service, and business model opportunities\u2014and then rapidly develop and successfully scale them\u2014over and over again. Successful serial innovators get […]<\/p>\n","protected":false},"author":2,"featured_media":13020,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[695,281],"tags":[],"class_list":["post-13022","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-culture-of-innovation","category-press-and-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t