Business Innovation Approaches

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  • View profile for Jeff Winter
    Jeff Winter Jeff Winter is an Influencer

    Industry 4.0 & Digital Transformation Enthusiast | Business Strategist | Avid Storyteller | Tech Geek | Public Speaker

    170,572 followers

    Ever heard of the Lippitt-Knoster Model for Managing Complex Change? It's a classic in the change management world, laying out the essential pieces needed to navigate big transformations. Taking a cue from that, I've adapted it to fit the world of digital transformation. There are seven key elements you can't afford to miss: Vision, Strategy, Objectives, Capabilities, Architecture, Roadmap, and Projects & Programs. Skip any one of these, and you're asking for trouble. Here’s why each one matters: • 𝐕𝐢𝐬𝐢𝐨𝐧: This is the 'what' of your transformation. A clear vision gives everyone a target to aim for, aligning all efforts and keeping the team focused. • 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲: Think of this as the 'why' and 'how.' A solid strategy explains the logic behind your vision, showing how you plan to get there and why it's the best route. It’s designed to guide everyone in the company on how to make decisions that support the vision, aligning all efforts and keeping the team focused. • 𝐎𝐛𝐣𝐞𝐜𝐭𝐢𝐯𝐞𝐬: These are your milestones. Clear, specific objectives make it easy to measure success and ensure everyone knows what's important. Without them, you can easily veer off course and waste resources. • 𝐂𝐚𝐩𝐚𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬: These are what your company will now be able to do that it wasn't able to before in order to achieve the objectives. These can be organizational capabilities (like improved decision-making), technical capabilities (such as real-time operational visibility), or other types like enhanced customer engagement or streamlined processes. • 𝐀𝐫𝐜𝐡𝐢𝐭𝐞𝐜𝐭𝐮𝐫𝐞: A robust architecture ensures all your tech works together smoothly, preventing inefficiencies and costly headaches. This includes various types of architecture such as data architecture, IT infrastructure architecture, enterprise architecture, and functional architecture. Effective architecture is central to reducing technical debt and aligning software with broader business transformation goals. • 𝐑𝐨𝐚𝐝𝐦𝐚𝐩: Your roadmap is the game plan. It lays out the sequence of actions, helping you avoid uncertainty and missteps. It's your guide to getting things done right. • 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐬 & 𝐏𝐫𝐨𝐠𝐫𝐚𝐦𝐬: These are where the rubber meets the road. Actionable projects and programs turn your strategy into reality, making sure your plans lead to real, tangible outcomes. From my experience, I think '𝐂𝐚𝐩𝐚𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬' and '𝐑𝐨𝐚𝐝𝐦𝐚𝐩' are the two most overlooked. What do you think? ******************************************* • Follow #JeffWinterInsights to stay current on Industry 4.0 and other cool tech trends • Ring the 🔔 for notifications!

  • View profile for Elfried Samba

    CEO & Co-founder @ Butterfly Effect | Ex-Gymshark Head of Social (Global)

    414,705 followers

    It’s simple math 🧐 I use to think that motivation was the key to monumental success. Long story short, it’s not. It’s about the little things you do every day that will take you from reasonable to slightly unreasonable to completely unreasonable progress. Your future is not defined by how motivated you are, but by your daily routines and systems. I believe in this so much that we named our company Butterfly 3ffect to reflect the value of incremental gains. we believe that that’s how the best people and brands grow. Here’s how you grow the small way: 1. Start by setting achievable goals, like reading one chapter of a book each day or going for a short walk 2. Practice gratitude by writing down three things you're thankful for every night before bed 3. Engage in daily self-reflection, even if it's just for a few minutes, to assess your thoughts and actions 4. Incorporate small acts of kindness into your daily routine, like holding the door for someone or offering a genuine compliment 5. Learn something new every day, whether it's a fun fact, a new word, or a new skill 6. Prioritise self-care by getting enough sleep, staying hydrated, and taking breaks when needed 7. Surround yourself with positive influences, whether it's uplifting books, supportive friends, or inspiring podcasts 8. Embrace failure as a learning opportunity and a stepping stone to growth 9. Stay consistent and patient, knowing that small progress over time adds up to significant improvement 10. Celebrate your achievements, no matter how small, to stay motivated and encouraged along the way.

  • View profile for Emmanuel Orssaud

    Chief Marketing Officer, Duolingo

    27,786 followers

    People often ask me about Duolingo marketing’s formula for success. The answer surprises them: we systematically embrace failure. Let me explain. Two years ago, I implemented a framework called "Grind and Expand" that guides how we operate and helps us balance proven strategies with new experiments. Here’s what it looks like: 🔁 Grind (70%): These initiatives are already working, and they can reliably deliver results. We iterate on these to meet our KPIs and fuel growth. For example: TikToks building our "unhinged" brand, Influencer Marketing in key markets, or Google UAC for paid UA, TV in Japan. These reliably move metrics. 🧪 Expand (30%): This is where we experiment with completely new approaches. Most fail - and that’s by design. For example: Long-form content experiments and new ways to showcase product features without losing our fun factor. Every experiment begins with a clear hypothesis: "If we do X, then Y will happen." This creates clarity about what success looks like from the start. The real challenge with “Expand” is overcoming fear of the unknown. We have to continually push each other beyond our comfort zone. How do we do this? - First, create psychological safety by treating “Expand” as a category with different success metrics. When something is labeled "Expand," learning is the primary goal – not immediate results. - Second is to embrace humility. None of us know for certain what will work in marketing next year. When leaders admit they don't have all the answers, it gives the team permission to explore without pressure to be right every time. “Grind and Expand” ensures we're simultaneously driving reliable metrics while discovering what's next. It's how we found our voice on TikTok, why we experimented with a five-second Super Bowl ad, scale our paid UA efforts and how we've expanded into Asia. Some experiments fail spectacularly – our YouTube Shorts content flopped in India despite success in the US. But misses like these have been just as valuable as our wins. I’m curious – how do your teams think about long-term growth?

  • View profile for Vandana Tolani

    Founder & CEO at Convanto | Tedex Speaker l Best Financial Institution for Supporting Startups | Top 10 Woman Leaders In Wealth Management l | Global Woman Leader I Venture Capital

    48,846 followers

    India grows 50% of the world’s jackfruit. The US turns it into burgers 50 times more expensive than what our farmers get. At the same time, the global demand for jackfruit is rising fast. The market is expected to grow from $375 million in 2025 to over $450 million by 2030, at a CAGR of 4.97%. Driving this growth is a global shift toward plant-based diets, where jackfruit’s meat-like texture and nutritional profile make it an appealing substitute. In fact, jackfruit-based vegan burgers in the US are priced 30 to 50 times higher than what farmers in India earn for the same raw fruit. In India, a few startups are working to change this dynamic. Goa-based Wakao Foods has launched jackfruit burger patties with a shelf life of one year without requiring refrigeration. Jackfruit365, founded by James Joseph, is using freeze-dried jackfruit to create diabetic-friendly products, given its low glycemic index. Others are experimenting with flour, snacks, and vacuum-sealed ready-to-cook formats. Even major players like Mother Dairy are exploring jackfruit as a new growth category. And it’s not just startups. At the grassroots, people are innovating. Rani Sunny, a homemaker from Kerala, built a jackfruit-based product business that now earns her over Rs 8 lakh annually. The potential goes beyond food trends. With India battling rising cases of diabetes, jackfruit’s nutritional profile, low glycemic index and high fiber, could offer a real domestic health benefit too. But challenges remain. Poor preservation infrastructure, fragmented supply chains, and a lack of cohesive branding. The danger is that India once again ends up exporting raw material while global companies build billion-dollar brands on top of it. There’s still time to flip the script. Will India lead the jackfruit revolution or just be the supplier? #jackfruit #plantbased #agritech #indianstartups #foodinnovation #diabetesfriendly #MadeInIndia #supplychain

  • View profile for Tom Bilyeu

    CEO at Impact Theory | Co-Founded & Sold Quest Nutrition For $1B | Helping 7-figure founders scale to 8-figures & beyond

    136,500 followers

    Before I sold Quest for $1,000,000,000, I wasted millions trusting the wrong thing: My own ideas. Here's the AI validation framework I wish I had when building Quest Nutrition: Most entrepreneurs fail in the same boring way: 1. Have an idea 2. Fall in love with it 3. Build it for months 4. Launch 5. Discover nobody wants it 6. Repeat This is "build and pray" physics. It's suicide. But there's a better way. One that uses AI to kill bad ideas in 72 hours, not 12 months. My 5-step AI validation framework that has saved millions in wasted effort: 1. Problem Verification Your idea isn't special. Period. The only thing that matters is: are people actively suffering from the problem you claim to solve? Feed Perplexity and ChatGPT with Reddit threads, forum posts, and review sites. Let AI extract patterns of pain. No real pain = dead idea. 2. Market Size Analysis Even if the pain is real, is it widespread enough? Let AI analyze Google Trends, search volumes, and TAM data. Create detailed spreadsheets of potential users. Too small = dead idea. Goals make demands. If the goal is to build a substantial business, the market has to be big enough. 3. Competitor Assessment Feed AI your top 5 competitors' websites, pricing pages, and customer reviews. Have it identify gaps and oversaturation. Create a map of what's missing. No clear advantage = dead idea. Build from physics, not analogy. That's the only way to find a real competitive edge. 4. Zero-Cost MVP Design Most founders build full products before validation. That's the most expensive way to learn. With AI, create "fake door" tests instead: • Landing page that looks real • AI-generated mockups • $50 of ads to see if people try to buy No buyers = dead idea. The market doesn't care how hard you worked. It only cares if you solved a real problem. 5. Early Adopter Interviews For ideas that survive steps 1-4, use AI to: • Draft perfect outreach messages • Generate interview questions that reveal buying intent • Analyze interview transcripts for patterns No enthusiasm = dead idea. This is Physics of Progress in action. Test hypotheses. Follow the data. Kill your darlings fast. The hard truth about entrepreneurship is that 90% of ideas SHOULD die. Your job isn't to build - it's to kill bad ideas quickly. Most entrepreneurs think failure is the worst thing that can happen. It's not. The worst thing is wasting years on something nobody wants. Let AI be your reality check. It's ruthlessly honest in a way your friends, your team, and even you can't be. Ideas are worthless. Validation is everything. PS: I’ve trained an entire GPT to track down the root cause of your next revenue plateau - and help you break through it. It’s built based on 100,000s of data points from my group coaching sessions. Grab it for free here: https://buff.ly/nUri82k

  • View profile for Zac Des

    Founder - Dreamweaver Group

    33,170 followers

    Luxury fashion brands are increasingly venturing into the world of hospitality by opening cafés and restaurants. From #Dior to #RalphLauren, these iconic brands are turning everyday dining into curated brand experiences. A café allows customers to step into the aesthetic world of a brand in a way that's tangible and sensory. You're not just wearing Dior, you're drinking it. From the tableware to the menus, everything is infused with the brand's visual language. It transforms an ordinary activity like having coffee into an aspirational, instagramable moment. This brings us to one of the most powerful aspects of these spaces: content creation. Fashion cafés are made for Instagram. Their interiors are often photogenic by design, attracting influencers and customers alike to post and share. Every flat lay of a cappuccino or snap of branded latte art becomes free advertising, spreading the brand's reach through social media with every post and story. What makes this strategy especially effective is its accessibility. While a £3,000 designer bag may be out of reach for most, a £10 latte with a logo isn't. These cafés offer a way for people to engage with brands in a smaller, more approachable way. It allows people to buy into the fantasy of luxury living, even if just for the duration of a coffee break. Many of these cafés are strategically located next to or within flagship stores, making them an ideal point of cross-selling. A casual visit for a coffee might lead to browsing, which could lead to a purchase. Ralph's Coffee, launched by Ralph Lauren in 2014, has become a notable success in blending luxury fashion with lifestyle hospitality. Starting as a café within the Polo Ralph Lauren store in New York City, it has now expanded to 28 locations across 12 markets, including cities like London, Paris, Hong Kong, and Qatar. Ultimately, these cafés aren't just stylish side projects, they're strategic brand-building tools. They generate buzz, create emotional resonance, and help solidify the brand as not just a label, but a lifestyle.

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  • View profile for Sanjiva Jha

    CEO / COO | Builder & Turnaround Leader | Scaled & Transformed Businesses across Retail, Telecom & SkillTech | INSEAD

    9,111 followers

    When my daughter came home from Australia recently, I noticed something curious—her skincare shelf had completely changed. The Dove, Ponds, and Lakmé I once knew were gone. Instead, sleek, ingredient-forward brands like Minimalist, Dot & Key, and KayBeauty had taken their place. The shift was obvious: Brand names no longer mattered—ingredients did. That got me thinking: When did this change happen? And more importantly, why didn’t the FMCG giants see it coming? If you look at India’s FMCG sector, true innovation has rarely come from MNCs. Most global giants—HUL, P&G, ITC, Colgate-Palmolive—have played it safe with incremental tweaks, not breakthroughs. The real innovation? It has almost always come from homegrown brands. Nirma’s low-cost detergent forced HUL to react. Ghadi disrupted the detergent market with price and distribution. Chik Shampoo sachets reshaped penetration in Tier 2-3 India, outpacing MNCs. Mamaearth, mCaffeine, and Plum have done the same in personal care, driving science-backed, consumer-led disruption. And what do MNCs do in response? They acquire. Unilever’s recent ₹3,000 crore acquisition of Minimalist isn’t just a business move—it’s a survival strategy. They couldn’t out-innovate Minimalist, so they bought it.This isn’t just an India problem. Globally, legacy FMCG brands are losing ground to agile, ingredient-led disruptors. - Estée Lauder had to acquire The Ordinary - Shiseido bought Drunk Elephant - Unilever picked up Paula’s Choice But can MNCs buy their way into relevance? I don't believe they can. Acquisitions are a shortcut—but they don’t change the DNA of an organisation. Legacy brands must rethink their internal culture to foster real innovation—beyond short-term metrics and fear of failure. True breakthroughs come from bold thinking, not just rebranding the same formulas. For legacy brands, the challenge isn’t just launching new products—it’s building internal teams that move at the speed of D2C brands. Can they experiment, iterate, and respond to micro-trends in real time? Can they get the team to think about the next big game-changing innovation? Because those who don’t evolve won’t just struggle. They’ll become spectators in industries they once owned. #PersonalCare #FMCG #Unilever #Minimalist #Innovation

  • View profile for Daan Moreels

    (Deep)Tech Founder | Magnax, Traxial | Neogeneralist | Navigating AI, Robotics & the Post-Specialist Economy

    12,447 followers

    The evolution of SpaceX's Raptor Engine from 2019 to 2024 is a masterclass in efficiency and innovation.  The complexity of Raptor 1 has given way to the streamlined simplicity of Raptor 3.  This aligns perfectly with Elon Musk’s mantra: “𝘛𝘩𝘦 𝘣𝘦𝘴𝘵 𝘤𝘰𝘮𝘱𝘰𝘯𝘦𝘯𝘵 𝘪𝘴 𝘯𝘰 𝘤𝘰𝘮𝘱𝘰𝘯𝘦𝘯𝘵.”  Fewer parts mean fewer failure points, lower costs, and faster production cycles.  This lesson goes beyond rocket technology. It’s relevant for any industry where innovation meets sustainability and scalability.  The transformation of the Raptor Engine shows the power of simplification and optimization.  Removing unnecessary complexity can be just as impactful as adding new technology.  A reminder that true innovation often comes down to smart choices, not more work.

  • View profile for Eric Bush

    Angel Investor | Startup Mentor| Fintech Booster | Growth Hacker | Digital Transformation Catalyst

    22,183 followers

    Your MVP shouldn't take 6 months. It shouldn’t involve a fancy design agency either. If it looks good, you probably wasted time.  If it feels good, you probably overbuilt.  If it’s perfect, it’s probably useless. Your MVP should be embarrassing.  It should feel like cheating.  Like “there’s no way we can charge for this” energy.  Good. Charge anyway. Why? Because you're testing demand, not design.  You're validating pain, not polish. Here’s what actually matters in an MVP: 1. Speed > Beauty    Ship it fast. Ugly is fine. Broken is fine. Just get it in front of real users. 2. Manual > Automated    You don’t need an app. You need Google Sheets, a form, and maybe your own hands behind the scenes pretending it’s automated. 3. Learn > Scale    Your goal isn’t users. It’s an insight. If you're not getting feedback within 2 weeks, you’re not building an MVP. You're building a fantasy. 4. Hack > Build    Use no-code tools, WhatsApp groups, DMs, landing pages anything to test the idea without writing real code. 5. Revenue > Features    If someone won’t pay for it when it's ugly, they won't pay when it’s perfect either. Don’t hide behind “we just need one more feature.” Bottom line:  You’re not building a company. You’re testing a hunch.  So don’t overthink it. Don’t overdesign it.  Build the crappiest version possible and see if anyone wants it anyway. That’s the only real test that matters.

  • View profile for Dipl Ing Lars Behrendt

    INVENTOR · INNOVATOR · INVESTOR - Building Companies. Not Slide Decks. We build and scale industrial ventures. At own risk.

    315,550 followers

    //DON'T START WITH AN MVP!! After 15+ years and 700+ innovation projects, I keep seeing the same pattern: When I ask companies about testing their business ideas, almost 90% claim they do. Their typical response? "Of course, we build MVPs!" But here's the thing - when I dig deeper and ask if MVPs are their first testing step, they usually say yes. That's when I know they're not doing testing right. Worse even, many spend way too much time and budget on their MVPs. (Approx 3-6 months and at least six-figures) Here are three reasons why you should NOT build MVPs first: 1) If customers don't like your MVP, you're left clueless - is your solution wrong, or are you solving a non-existent problem? Always validate the actual customer need first (pro tip: think beyond just "problems" - consider jobs-to-be-done, pains, and gains) 2) Even "quick" MVPs eat up time and resources. You're better off finding customer evidence for a need first before iterating solutions (And no, I'm not talking about quick cardboard prototypes here - I mean actual buying customer tests) 3) Without understanding the core customer need, you'll iterate your MVP blindly. Scientists are trained to isolate dependent and independent variables to prove their conclusions. If you start with your MVP, you won't know why things are working or not... making productive iteration impossible. Here's a better way to do it: A) Start with cheap and quick customer experiments first, like landing pages based on storytelling using renderings and real market campaigns, etc. (one week is enough) B) Once you have evidence for the need (jobs, pains, gains), iterate your success solutions until you have a proven product-market fit and first preorders (or similar real customer interactions - not just some interviews ;-)  C) Build your MVPs only when you have sufficient evidence! Let's stop wasting time and budget and start innovating smarter. 🚀 P.S. This is exactly the way we help our customers with our innovation framework and expert teams. Reach out if you're interested in doing innovation right, efficiently, and without wasting time and budget ;-) ——— Chances your innovation strategy is broken are 94% https://lnkd.in/dexsVrw8 #innovation #creativity #future #whatinspiresme #innoweek #venturestudio #companybuilder #vc ♻️ Repost to help your network to bring their ideas to market.  And follow Dipl.-Ing. Lars Behrendt for more posts like this.

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