Abhijit Ganguly, Manager of Business Model Innovation at Goodyear, and Jim Euchner, Vice President of Global Innovation at Goodyear, were recognized with the 2015 Holland Award for their article, “Business Model Innovation in Practice.”
The Industrial Research Institute (IRI) presents the Maurice Holland Award to the individual or individuals who published the best paper in their official journal, Research-Technology Management (RTM), the year before.
“Business model innovation is discussed at length wherever we, as business leaders, turn,” said Tom Kavassalis, IRI Board Chairman and Vice President of Strategy and Alliances at the Xerox Innovation Group. “What makes this paper remarkable is its straight-forward practicality and the way it clearly explains what exactly business model innovation is; something that is occasionally lost, or forgotten, in our discussions.”
The article was selected according to the criteria of significance to the field of R&D, technology, and innovation management; originality of new management concepts; and excellence in clarity of presentation. In their article, Ganguly and Euchner explore systematic approaches to developing new business models and identify concrete steps to reducing the risks associated with them. It draws on existing literature as well as their experience developing and implementing new business models at Goodyear.
Ganguly delivered acceptance remarks during an awards lunch at the 2015 IRI Member Summit at the JW Marriott in Chicago, IL last October 20. The awards ceremony for the Maurice Holland Award is typically held at this annual Summit hosted by IRI. This year, approximately 350 of the nation’s R&D and innovation thought leaders gathered to talk about agile growth strategies. Participants heard from industry experts on the drivers and trends behind the rising emphasis on agile growth strategies, as well as the opportunity to exchange success stories and challenges with fellow members from organizations like Lockheed Martin, ADM, Unisys, Goodyear, Mars, Xerox, NASA, Elevance Renewable Sciences, Kimberly-Clark, Cargill, etc.