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Founded in 2009, the Global Innovation Management Institute is a global nonprofit standard certification board for innovation and innovation management. Better Ideas, Bigger Results.

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How Purposeful Innovation Can Transform the Business Model

  • Accessibility must be established as an operational standard that improves the customer and employee experience. Inclusion must cease to be an add-on and become a structural part of the business model.
  • Profitability is strengthened when economic growth is linked to workplace inclusion as a strategy. Generating shared value and trust with stakeholders becomes the driving force behind business success.
  • Well-applied digitalisation should drive efficiency and personalisation without losing sight of the human focus. It is a strategic tool that reinforces business and social values, improving adaptability in times of uncertainty.

 

What is an innovative business model with purpose?

An innovative business model with purpose integrates innovation as a driver of organisational transformation, not only to generate economic benefits, but also to create a positive and lasting social impact. It is based on: 

  • Innovation with purpose: Creating products or services with the intention of improving people’s lives, promoting inclusion, sustainability and business ethics. 
  • Collaboration as a central axis: Driving innovation through co-creation with employees, customers, suppliers, investors, regulators and society. Fostering an open culture, sharing ideas and developing joint solutions. 
  • Transforming organisational culture: Activating innovation through procedures, methodologies, scorecards and competitive intelligence systems that channel ideas into real projects. 
  • Tangible value, not just economic value: Add value in social, environmental and reputational dimensions. Measure success by the positive impact on the community and the organisation, in addition to revenue.


Accessibility and inclusion as pillars of current business models seeking long-term sustainability

Accessibility must evolve from a regulatory requirement to a criterion of operational excellence. Incorporating universal accessibility standards into facilities, customer service and user experience broadens the scope of the service and improves perceived quality. 

According to Eurostat, by 2023, 27% of people over the age of 16 in Europe will have some form of disability. Therefore, the inclusion of people with disabilities and other vulnerable groups should be understood as a talent strategy that strengthens organisational culture. 

Diversity in teams brings operational richness, greater empathy, personalised attention and connection with real needs. Integrating people with disabilities or in vulnerable situations generates tangible economic value. When workplace inclusion is a structural part of the business model, it reinforces internal cohesion, improves external reputation and contributes to business sustainability. 

Accessibility also acts as a competitive differentiator. In a saturated market, offering an inclusive experience allows you to capture traditionally underserved segments and build loyalty among customers who value social commitment. This advantage positions the organisation as a benchmark in social responsibility and generates an emotional connection with customers and employees, increasing loyalty and satisfaction.

Profitability with social impact: a formula that delivers results

Business profitability has historically been linked to operational efficiency, occupancy and cost optimisation. However, emerging models show that it is possible to achieve solid economic results by integrating social objectives into business strategy. Workplace inclusion, equity and commitment to the environment are catalysts for trust, reputation and loyalty. 

Customers, employees, investors and regulators increasingly value corporate transparency in terms of social responsibility and positive impact. In this scenario, sectors such as the hotel industry, and ILUNION Hotels in particular, show that adopting a purposeful approach to innovation allows them to position themselves as key players in business transformation. Economic and social profitability is measured by the quality of service and the consistency between what is offered and what is represented. Trust becomes a strategic asset that drives the business model.

Models that integrate social impact create more stable, motivated, and committed work environments, which in turn improve service quality, operational efficiency, and adaptability. Profitability is not measured solely in financial terms, but also in the ability to generate shared value. An organisation that cares for its employees, customers, suppliers, and community builds a solid foundation for its economic and social sustainability. 

This approach allows access to international certifications that validate commitment to excellence, innovation and sustainability. These accreditations reinforce reputation and open doors to new markets, strategic alliances and financing opportunities. Integrating social impact into business strategy is not a concession, it is an investment.

In the hotel sector, ILUNION Hotels demonstrates that it is possible to achieve a profitability (net profit/sales) of 13%, equal to or higher than large hotel groups.

Digitalisation to drive social transformation

Digitalisation has gone from being an option to a structural necessity. Adopting advanced technologies improves operational efficiency and personalises the customer and employee experience. The true value of digitalisation lies in the purpose for which it is implemented. 

When technology aligns with company values, it becomes a lever for social transformation. For example, automating repetitive tasks frees up time for activities that add greater value, beyond cost savings. 

Digitalisation also improves traceability, transparency and control of environmental impact. In companies where sustainability is strategic, having systems that measure and reduce energy consumption, optimise waste management and improve water efficiency is a competitive advantage. 

In addition, technology must play a relevant role in people management, facilitating internal communication, continuous training and talent management, which are key to team cohesion and motivation. 

Digitalisation should not be seen as a replacement for human contact, but as a complement that enhances service quality. When applied correctly, it allows for more fluid, secure and memorable experiences. The key is to integrate technological innovation into a customer- and employee-centric strategy focused on sustainability.

Conclusion: a new roadmap for the business sector

An innovative business model with purpose is based on two objectives: 

  • To be an inspiring model for other companies, with a purpose that has a positive impact on the organisation, stakeholders and society. 
  • To activate internal and external collaborative networks that ensure the co-creation of solutions that transform the organisation and its environment. 

On the other hand, purposeful innovation is redefining the rules of business. Accessibility, inclusion, social impact and strategic digitalisation are no longer peripheral elements, but central pillars of models that aspire to be sustainable, profitable and relevant. This transformation responds to a profound evolution in the expectations of customers, employees, investors and the environment. 

Cases such as ILUNION Hotels show that integrating these principles improves positioning and builds a coherent, solid and differentiated value proposition. Accessibility becomes standard, workplace inclusion becomes a competitive advantage and digitalisation becomes a driver of change. 

At a time of transition for the business sector, where resilience and adaptability are essential, committing to purposeful innovation is a strategic decision. It is not a question of choosing between profitability and social responsibility, but of understanding that both can coexist in a business model that looks to the future with ambition, consistency and commitment.

Carlos Bello
Director of Innovation and Technology at ILUNION Hotels

GIMI and IPMA: Joining Forces to Promote Cross-Certification for Project and Innovation Professionals

The Global Innovation Management Institute (GIMI) and the International Project Management Association (IPMA) have joined forces under a Memorandum of Understanding (MoU) to promote mutual recognition and cross-certification opportunities between project management and innovation professionals worldwide.

This collaboration brings together two globally recognized competence frameworks — GIMI’s Certified Innovation Professional (CIP) and Certified Chief Innovation Officer (CCIO) programmes, designed to teach individuals how to bring ideas to commercialization, lead innovation projects, and build innovation management systems and IPMA 4-Level Certification (IPMA 4-L-C), which validates project, programme, and portfolio management competence across four progressive levels (A–D).

Both certification systems share a common goal: empowering professionals to deliver sustainable results through structured competence development, ethical practice, and innovation-driven leadership.

By aligning the methodologies of innovation management and project management, this partnership enhances global mobility, professional credibility, and cross-disciplinary collaboration.

Through this initiative, project managers can deepen their innovation competences, while innovation professionals gain access to IPMA’s proven frameworks for managing complexity and delivering value in diverse project environments.

  • Professionals interested in enhancing their project management capabilities can learn more about IPMA’s certification programs at: 

     https://ipma.world/ipma-certification/ 

  • To explore GIMI’s  certifications, visit: 

     https://www.giminstitute.org/individuals/ 

Together, GIMI and IPMA are building bridges between innovation and project management — advancing global competence, fostering sustainable impact, and shaping the future of professional excellence.

 

2025 GIMI INNOVATION AWARDS: Recognizing and Celebrating Innovation Initiatives from Organizations and Individuals Across Sectors and Industries

Top innovators and industry leaders celebrated at the prestigious GIMI Innovation Awards ceremony, recognizing their remarkable contributions in driving and advancing innovation within their respective fields.

Rio de Janeiro, Brazil – November 7, 2025, at Casa Firjan, in Collaboration with IEL

Recognizing Global Innovators

The GIMI Innovation Awards, created by the Global Innovation Management Institute (GIMI), celebrates organizations and individuals in the public, private, and social sectors who are pushing boundaries and advancing innovation across industries, regions, and communities. GIMI, known for its pioneering role in training, certifying, and promoting best practices in innovation management, continues to elevate the work of innovators worldwide through these awards.

Dr. Hitendra Patel, CEO of GIMI, emphasized:  “Every year, we witness how innovation has the power to redefine systems, unlock value, and set entirely new standards of performance. The 2025 GIMI Innovation Awards highlight the courageous innovators who are not only transforming their own organizations but also contributing to shaping a more resilient, inclusive, and future-proof world.”

Manuel Mendes, Co-Founder of Boston Innovation Gateway (BIG), shared: “Hosting this year’s ceremony in Rio, in collaboration with IEL, demonstrates how powerful global-local innovation collaboration can be. These innovators are proving that excellence is borderless and Brazil is becoming a rising anchor for the future of innovation ecosystems.”

The 2025 GIMI Innovation Awards featured 10 categories honoring both organizations and individual achievements. A distinguished panel of international experts evaluated submissions across rigorous criteria, recognizing original ideas with strong impact, scalability, and sustainability potential.

An esteemed jury of nine international experts evaluated the entries to ensure that the highest standards of excellence were recognized.

2025 GIMI Innovation Awards Winners

Organizational Awards

Most Innovative Company

  • 1st Place Winner: Promigas S.A E.S.P. (Colombia) 
  • 2nd Place Winner: Bank of the Philippine Islands (Philippines), Bank of Africa Academy (Morocco)
  • 3rd Place Winner: ROSHN (UAE) 

Most Innovative Government Entity

  • 1st Place Winner: Curitiba’s Development & Innovation Agency (Brazil)
  • 2nd Place Winner: Ministry of Energy & Infrastructure (UAE)
  • 3rd Place Winner: Dubai Police (UAE)


Most Innovative Project – Private Sector

  • 1st Place Winner: Auditorium S.r.l. (Italy)
  • 2nd Place Winner: Faculty of Medicine, Brawijaya University (Indonesia)
  • 3rd Place Winner: Safeen Green – Abu Dhabi Ports (UAE), Klabin (Brazil)


Most Innovative Project – Public Sector

  • 1st Place Winner: Dubai Police (UAE), Mohammed Bin Rashid Housing Establishment (UAE)
  • 2nd Place Winner: Ministry of Digital Transformation of Ukraine (Ukraine)
  • 3rd Place Winner: Politiiet / The Norwegian Police (Norway), Ministry of Energy & Infrastructure (UAE)


Most Innovative Project – Social Sector

  • 1st Place Winner: CEJAM (Brazil)
  • 2nd Place Winner: PETRONAS Holdings (Malaysia)
  • 3rd Place Winner: Center for BrainHealth (United States)


Best Startup

  • 1st Place Winner: Sparring (Brazil)
  • 2nd Place Winner: Color Pencil Technology Inc (United States)
  • 3rd Place Winner: Nello Spettro (Italy)


Best Innovation Framework

  • 1st Place Winner: BIO D (Colombia)
  • 2nd Place Winner: PETRONAS Holdings (Malaysia)
  • 3rd Place Winner: Federal Authority for Identity, Citizenship, Customs & Port Security – ICP (UAE)


Best Innovation Hub / Science Park

  • 1st Place Winner: Dubai Roads & Transport Authority (UAE)
  • 2nd Place Winner: TechPark CV (Cape Verde)
  • 3rd Place Winner: Fundación Bi (Guatemala)


Individual Awards Winners

Innovator of the Year Award

  • 1st Place Winner: Yuvraj Kshirsagar (United States)
  • 2nd Place Winner: Kulathendral Loganathan (India)
  • 3rd Place Winner: Demetrio Filocamo (United Kingdom) 

About the Global Innovation Management Institute

The Global Innovation Management Institute (GIMI) is the largest global nonprofit innovation certification board, based in Boston, Massachusetts. Dedicated to democratizing innovation worldwide, GIMI’s network includes over 18,000 members across 116 countries. GIMI provides world-class training and certification programs, working with organizations, individuals, and governments to implement best practices in innovation management.


GIMI is the preeminent thought leader in driving innovation within organizations and equipping individuals with skill sets to innovate successfully. After merging with the International Association of Innovation Professionals, GIMI became the main innovation certification organization in the world now driving Global ISO Innovation Management standards. 


Media Contact

Erila Haska

Chief Operation Officer

erila.haska@giminstitute.org.

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