The overall engine of WISE technology operates in a similar way to the stock exchange concept/metaphor. This approach introduces the Pink Ocean Strategy concept, which cares about human life, integrity and dignity to booster innovation efforts. Lindegaard describes open innovation as " a two-way process in which companies have an inbound process in which they bring in ideas, technologies, or other resources needed to develop their own business and an outbound process in which they out-license or sell their own ideas, technologies, and other resources. " Helen: I admit that I thought risk management sounded boring at first. As a result, next generation learning will happen onboard in sophisticated virtual training centers. Each of the three oceans can be considered as different market domain. INSEAD Knowledge’s articles, blog posts and videos provide highly actionable takeaways for business success, sourced from INSEAD faculty research. It, Evolute methodology for innovation from internal corporate knowledge generat, dynamically capture its creation, evolution, and behavior based on the employee, capability, maturity, competence and capacity [, organizational knowledge from tacit into explicit and generates the fuel for the orga-, nizations to move from Red Oceans to Blue Oceans [, The adaptation of the Company Democracy Model into Green Ocean Strategy, framework maintains the six levels of the original model used to drive organi, from the Red to the Blue Oceans under a new philosophy based on knowledge. The Blue Growth concept has also become important in the oceanic and freshwater development Exploring the intersection of business and society. Anything made in the past had a reason, a cause, a practicality, a justification and a return not only to the ones developing but also to the society and the economy as a whole. Pioneering work by academics such as Michael E. Porter and Henry Mintzberg has established a rich literature on good strategy. Knowledge may be explicit or tacit; this study treats them as complements that form a dynamic relationship. Are you using your INSEAD network – as well as all this INSEAD learning – to build your business? The research on the development of the model extends towards supporting the ‘Applied Philosophy’ concept by optimizing the knowledge classification process, the creation of new classification terminologies, notations and diagramming techniques needed to practically and clearly capture concepts with relative interpretation and applicability to the business, the society and the economy. If innovation had criteria, then it could be defined, and produced like any other product and service, but unfortunately this is not the case. Deeply rooted in the company’s core belief that through sport we have the power to change lives, the strategy translates the company’s sustainable efforts into … Helen: We have an advisory board, consisting of three classmates and one INSEAD professor. The previously applicable models of Northern and Southern European social democracy are becoming less distinct and there is convergence around a ‘new’ model of social democracy which is more. In 2005, Blue Ocean Strategy, Expanded Edition: How to Create Uncontested Market Space and Make the Competition Irrelevant, a book by Professors W. … INSEAD Online Certificate: Leading in a Transforming World - NEW! The ministry is also in charge of policies on climate change. They were also INSEAD professors. Building Digital Partnerships and Ecosystems, Business Strategy and Financial Performance. University of Vaasa and Poznan University of Technology, Sustainability should neither be dystopian, nor utopian, but better, ne a new set of organizational processes needed for a, ned as a Green Ocean strategy.