FOM-CIBE - Center of Innovation, Business Dev. & Entrepreneurship

🕯️Advent Reflection Number 2: The Power of Mindset 💭✨ As we continue our Advent journey, let’s explore the transformative power of mindset. 🌟 In a rapidly evolving world, adopting a growth mindset is key. 🔑 It’s about believing that challenges are opportunities to learn, not barriers to success. 💡💪 Here’s why mindset matters: 1️⃣ Adaptability: A growth mindset helps teams embrace change and find creative solutions. 2️⃣ Resilience: It fosters a culture where failure isn’t the end—it’s a stepping stone. 3️⃣ Innovation: By seeing possibilities instead of limits, organizations can unlock new ideas and potential. Leaders, your mindset sets the tone! 🙌 How you frame challenges and guide your teams through uncertainty shapes the culture of your organization. Ask yourself: Are you cultivating a mindset that encourages curiosity, learning, and progress? 🤔 Join us tomorrow as we dive into the heart of culture and its role in transformation. Until then, let’s commit to fostering growth—one mindset shift at a time. 🌱 #AdventReflections #GrowthMindset #Leadership #TransformationJourney 🎄

🚀 Calling All Founders, Startup Entrepreneurs, and Innovation Leaders! 🚀 Are you ready to showcase your groundbreaking ideas and connect with a community that thrives on innovation? 🌟 Join us for the XponentialEntrepreneurship Pitch Event on November 28th, where you’ll have the opportunity to: ✅ Pitch Your Innovation to a panel of industry leaders and potential collaborators. ✅ Gain Valuable Insights from experts and fellow entrepreneurs. ✅ Expand Your Network within the thriving Xponential Ecosystem. Whether you’re a startup founder driving disruptive ideas or a leader innovating within an established business, this is your chance to shine. ✨ 📅 Date: November 28, 2024 at 2000 Central European Time 📍 Event Info and registration: https://lnkd.in/dtrSfgEV Don’t miss this opportunity to take your innovation to the next level. Register now and get ready to inspire, connect, and grow! 🚀 #XponentialEntrepreneurship #Innovation #Startups #PitchEvent #Entrepreneurship

💡 Understanding What Drives Each Generation in the Workplace – the Leadership and HR Challenge ✨ In today's diverse workforce, we have Baby Boomers, Generation X, Millennials, and now Gen Z working side by side. Each generation brings unique strengths, perspectives, and motivations, challenging leaders and HR professionals to create an inclusive and effective management strategy. Here’s a look at what motivates each generation and the implications for HR - check out whether these match your observations and share your comments! 👴 Baby Boomers (1946-1964): Often motivated by stability, loyalty, and recognition for hard work. They value hierarchy and tangible rewards for their dedication.  Implication for HR: Recognize their contributions through long-term benefits, formal acknowledgment, and mentoring opportunities where they can share their expertise. 🧑💼 Generation X (1965-1980): Known for independence, adaptability, and a desire for work-life balance. They appreciate autonomy and career development opportunities.  Implication for HR: Support their drive with flexible working arrangements and continuous learning programs to help them grow in their roles. 💻 Millennials (1981-1996): Digital natives who value purpose, feedback, and growth. They seek meaning in their work and prioritize social impact. Implication for HR: Focus on career development, real-time feedback, and a strong sense of mission within the organization. Engaging them through purpose-driven projects and collaborative work environments can be a win. 📲 Gen Z (1997-present): The newest generation in the workforce values diversity, flexibility, and tech-enabled work. They are entrepreneurial and highly adaptable.  Implication for HR: Offer hybrid work models, emphasize diversity and inclusion, and leverage technology to create seamless workflows. Engaging them with clear communication and feedback is essential to foster loyalty. HR Takeaway: Each generation brings unique expectations to the table, and a one-size-fits-all approach won’t work. By understanding and responding to these diverse motivations, HR can foster a more inclusive, productive, and loyal workforce. Investing in tailored strategies will pay off in higher engagement, reduced turnover, and a stronger organizational culture. 💬 What are your experiences with multigenerational teams? Share your views on what motivates each generation and any strategies you've seen succeed (or fail!) in the comments below. Let’s keep this conversation going! #HRManagement #EmployeeEngagement #GenerationalDifferences #FutureOfWork #Leadership

🚨‼️ Startups und Corporate Innovators aufgepasst ‼️🚨 Seid herzlich eingeladen in den Quhr und erlebt die #Quhrmunity mit Ihren #Expert:innen. 🌍🗣️ Planet and People over Profit and Product! Seid dabei und taucht ein in die Healthcare-Innovation mit der Purpose Launchpad-Methode - #ruhrSUW2024 ruhrHUB Quhr 👓 Wie können wir Innovationen im #Healthcare-Bereich entwickeln, die nicht nur ökonomisch, sondern auch ökologisch und sozial nachhaltig sind? 🏁 Nach dieser Lecture kannst Du deine innovative Idee von einem frühen Stadium bis hin zu einem Prototypen entwickeln. Die Purpose Launchpad-Methode nutzt State-of-the-Art Innovationsmethodik und macht Fortschritte systematisch messbar. Benjamin Niestroj Quhr Amelie Holstein Joerg Holstein Christoph Monfeld Leif Grundmann Ewa Kulas Margarete G. FOM Hochschule für Oekonomie & Management

🚀 Scaling Business Models: Traditional, Platform-Based, and Ecosystem-Based Approaches 🚀 In today's fast-paced, interconnected world, the scalability of your business model is essential for survival and growth. Let’s dive into the three predominant types of business models and explore how each can scale, and how a Massive Transformative Purpose (MTP) can drive that growth forward. 🌱 1️⃣ Traditional Business Models: These are the foundational models many companies still operate on. They involve linear value chains where businesses produce a product or service, and customers purchase it directly. Scalability here often relies on increasing production capacity, optimizing operations, and expanding into new markets. However, it can be resource-intensive and slower to scale compared to more modern models. 2️⃣ Platform-Based Business Models: Platforms like Uber, Airbnb, and Amazon have transformed industries by connecting providers and consumers directly. They leverage network effects—the more users on the platform, the more value it creates. Scaling a platform-based model is powerful because growth doesn't necessarily require proportional increases in resources; instead, it builds on itself. However, achieving critical mass and maintaining user trust are crucial. 3️⃣ Ecosystem-Based Business Models: An evolution of platform models, ecosystem-based businesses like Apple or Google go a step further by creating interconnected products, services, and partners that work together seamlessly. These models are highly scalable because they foster a self-reinforcing loop of value creation among different stakeholders, driving innovation and expansion from within the ecosystem. 🌟 The Power of a Massive Transformative Purpose (MTP) 🌟 Regardless of the model, the true catalyst for scalability lies in your company's Massive Transformative Purpose (MTP)—a bold and ambitious mission that inspires and aligns your entire organization and community. An MTP serves as a beacon, guiding decision-making and driving innovation, while also rallying stakeholders around a common cause. Traditional Models: An MTP can help break through operational barriers by inspiring creativity in how resources are managed and markets are approached. Platform-Based Models: Here, an MTP can energize network growth, ensuring that all participants—users, partners, and even competitors—are aligned towards a transformative goal. Ecosystem-Based Models: For ecosystems, an MTP not only drives the internal culture but also extends to the entire network, fostering collaboration and co-creation on a massive scale. In essence, while each business model offers unique paths to scalability, it is the clarity and passion behind your MTP that will ultimately fuel your journey towards exponential growth. 🚀 🔗 What is your business model, and how are you leveraging an MTP to scale? Share your thoughts in the comments! #Leadership #BusinessInnovation #PurposeDriven #Ecosystem #Platform #MTP

🌟 Harnessing Exponential Technologies for Transformative Positive Impact 🌟 In today’s rapidly evolving landscape, innovation leaders, CEOs, and COOs stand at the crossroads of opportunity and responsibility. The advent of exponential technologies—like Artificial Intelligence, Blockchain, IoT, and Quantum Computing—offers an unprecedented chance to reshape the future of business, not just for growth, but for meaningfulimpact. ❓ But what exactly are exponential technologies? Exponential technologies are those that experience rapid and accelerating growth, doubling in power or capabilities over short periods while simultaneously decreasing in cost. Unlike linear technologies, which grow at a steady pace, exponential technologies advance at a pace that can be hard to predict yet offers immense potential for disruption and innovation. 1️⃣ Artificial Intelligence (AI): AI mimics human intelligence, automating tasks, providing insights, and enabling new levels of personalization and efficiency. 2️⃣ Blockchain: A decentralized ledger system that enhances security, transparency, and trust in digital transactions. 3️⃣ Internet of Things (IoT): The interconnection of everyday devices, enabling smarter environments and improved data-driven decision-making. 4️⃣ Quantum Computing: A revolutionary approach to computation, leveraging quantum mechanics to solve complex problems at speeds unimaginable with current computers. Imagine a world where AI accelerates problem-solving, automating mundane tasks while empowering teams to focus on creativity and strategic thinking. Picture blockchain driving transparency and trust in transactions, reshaping industries by reducing fraud and fostering ethical business practices. Envision IoT and Quantum Computing unlocking new dimensions of efficiency and innovation, driving sustainable solutions that not only benefit your bottom line but also the planet. But the true power of these technologies lies not just in their capabilities, but in our leadership. It’s our vision and commitment that will determine how these tools are used—to scale operations, yes, but also to scale real positive impact. By embedding purpose into our strategies, we can leverage these innovations to tackle global challenges, uplift communities, and build businesses that stand the test of time. Let’s lead with courage, harnessing the power of exponential technologies to create a legacy of positive change. Together, we can redefine what it means to be successful in business, not just in terms of profits, but in the impact we leave on the world. 🌍💡 #InnovationLeadership #AI #Blockchain #Sustainability #ImpactDriven #FutureOfBusiness #ExponentialTech #Leadership #GrowthAndImpact #BusinessInnovation #PositiveImpact Purpose Alliance

🚀 Don't Panic - Create the Right Environment (Habitat) for Your Innovation Initiative to Thrive 🚀 Whatever your purpose and however aspirational and noble your goals, business innovation initiatives not only need stakeholder support but stakeholders' actions to create the environment or habitat for the initiatives to be successful and create real positive impact. As it is weekend, meet Trillian, leading the creation of Earth 2.0 and Humanity 2.0., Slartibartfast, the renowned planetary designer, Zaphod Beeblebrox, President of the Galaxy, Estella Xentrogravitrex, Head of Stellar System Design, and Zanthor Multilapidevops, Head of Galactic Operations debating the task ahead. Any experiences from your side on this situation? Please share in the comments 👇

🚀Don't Panic - Define Your Purpose to Guide You Creating Real Positive Impact 🖖 Weekend again - and time for another episode inspired by The Hitchhiker's Guide to the Galaxy! You have assembled the best team for your business innovation, and the key stakeholders are committed to support this team's work. On the way ahead, many decisions will have to be taken, but how to make and direct these decisions? What is the overarching goal that the team (and the business) strives for, the purpose which gives guidance and direction for decisions to be made? Enjoy reading the conversation between the initiative team dedicated to create Earth 2.0 (which was unfortunately destroyed by the Vogons to make space for a Hyperspace Highway) and Humanity 2.0 (taking the opportunity that this situation offers) - Trillian has taken the lead as asked by Slartibartfast, and all the team members contribute ... Please share your experiences with aligning on an overarching goal - your purpose - and its impact in the comments below 👇 #BusinessInnovation #InnovationDevelopment #InnovationManagement

🚀 Don‘t Panic - Get the Commitment of Your Stakeholders to Create Real Positive Impact ✨ In existing businesses, even an outstanding and committed team does not ensure that an innovation initiative is successful and creates real positive impact. They need the support of the key stakeholders who support removing impediments. In this Sunday episode, you will get to know two new characters not familiar from The Hitchhiker‘s Guide to the Galaxy. But they have always been there just in the background Estella Xentrogravitrex, Head of Stellar System Design at Magrathea (a black woman with white hair diligently dressed in long robes), and Zanthor Multilapidevops, Head of Galaxy Operations (dressed a bit nerdy but nevertheless impressive). Enjoy the conversation, and share any insights that you have about stakeholder involvement and commitment in the comments, please.