Frugal innovation represents a paradigm shift towards developing cost‐effective products and services by optimising resource use without sacrificing functionality. This approach is increasingly ...

McDonald has dedicated his career to exploring innovation-related challenges and their solutions. His early research on startups drew the attention of Harvard’s Clayton Christensen, who became a ...

Innovation isn’t just a random a-ha moment that makes us say, “I can’t believe we haven’t thought of this before!” It’s the ability to take those moments and put them into meaningful action. That’s ...

A lean business model is an approach to business development that focuses on creating value for the customer while minimizing waste within the organization. This model derives its core principles from ...

Volatility in commodity markets is making it harder to rely on linear supply chains. Lithium prices, for example, rose by more than 1,000 percent between 2020 and late 2022, before dropping 86 percent ...

Jeff Bartel is chairman and managing director of Hamptons Group, a private investment and strategic advisory firm headquartered in Miami. Many companies struggle to maintain financial discipline while ...

What Are the Different Types of Business Models? Learn the different frameworks of how companies operate and generate revenue. A business model defines the framework within which a company creates ...

Artificial intelligence is no longer a future-facing investment or a set of experimental tools confined to innovation teams.