BPI Global Executive Network to Focus on Performance Innovation as New Global Contenders and Disruptive Competitors Emerge in Developing Countries
PALO ALTO, Calif. (May 17, 2010) - Profound changes in the global innovation landscape have set the stage for the creation of a new executive-level knowledge exchange called the Business Performance Innovation (BPI) Network. The aim is to further thought leadership about how global companies can "transform to better perform" as they seek to tap more complex, cost-sensitive, growth economies with large, diverse and evolving consumer markets and infrastructure needs.
The BPI Network already has thousands of executive members worldwide representing companies with nearly $1 trillion in aggregated annual revenues and is led by a diverse C-level advisory board spanning key functional areas. It represents the evolution of a respected global thought leadership organization, the Business Performance Management (BPM) Forum, to one that will focus on exploring emerging trends and transformational ideas and practices that are reshaping global business and competitive markets.
Business recovery and rejuvenation following a prolonged downturn is driving renewed innovation across products, critical processes, supply/demand chains, manufacturing systems, back-end operations, as well as business models to accommodate new economic realities and the need for higher productivity, greater adaptability, lower cost and more efficiency.
Disruptive innovators, many from emerging economies, are raising the bar for companies worldwide. Significant market opportunities in developing countries, which will account for an estimated 70 percent of world GDP growth over the next several years, requires new business models, distribution strategies and frugal product and service designs. A globally distributed talent pool demands different approaches to sourcing, re-skilling, and training of both aging and younger workforces. Technology continues to create huge opportunities for productivity gains and enhanced channels for transacting, collaborating and co-innovating with customers, partners and affinity groups.
The BPI Network (www.BPINetwork.com) is working closely with leading global business executives, consultants, authors, academicians, and sponsoring organizations to research and promote peer-powered thought leadership around important agents of global business change to help companies become more adaptive, agile and relevant in a digitally driven, resource constrained, and highly complex and competitive world marketplace.
"Business innovation, more than ever, is now a globally distributed phenomenon and critical resource for accelerating economic growth and corporate performance," said BPI Network Executive Vice President Dave Murray. "The BPI Network will serve as a valuable channel of insight, access and influence for identifying, exploring and promoting inventive ideas and practices that advance business value, gratify customers, ensure sustainability and create competitive advantage. We've assembled and are continuing to build a world-class, multi-disciplinary advisory board of leading executives and experts to fuel our thinking and shape our agenda. The BPI Network already reaches more than 50,000 business decision makers around the world, and we anticipate significant growth in membership and audience throughout 2010."
Recent studies, reports and articles indicate profound global shifts underway in the world economy. For example:
Senior executives interested in membership can register on the BPI Network website at www.BPINetwork.org/join.php. New BPI studies, thought leadership papers and programs are also available on the site. Among the programs and reports available are:
About the BPI Network
The Business Performance Innovation (BPI) Network (www.bpinetwork.org) is an influential group of senior-level executives driving transformation, process re-invention, organizational innovation, lean operation, and competitive adaptability in multi-national enterprises worldwide. Members of this change-centered affinity network represent companies with combined annual revenues of more than $1 trillion. The aim is to share thinking and advance best practices in how enterprises can "transform to better perform" as they seek to tap more complex, cost-sensitive, growth markets with large, diverse and evolving consumer and infrastructure needs.
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