business model innovation

  • How to Do Business Model Innovation for the Established Firm

    How to Do Business Model Innovation for the Established Firm

    March 10, 2014 | By: | In: Strategies

    This article provides a systematic framework for helping executives of large, established organizations identify opportunities for business model innovation and organize themselves to pursue these opportunities. While also applicable to start-ups, this article focuses primarily on how to define, challenge, and revamp the business model of an existing business or organization.

  • Take Your Business Model to the Next Level

    Take Your Business Model to the Next Level

    December 16, 2013 | By: | In: Strategies

    Your business model should answer two important questions: (1) What is your value proposition and (2) how are you organizing your company and your ecosystem to create this value. The 8 building blocks of the business model template help you to visualize your answers and think strategically about your business model.

  • ‘Borrow’ Business Models to Reinvent Your Industry

    ‘Borrow’ Business Models to Reinvent Your Industry

    November 4, 2013 | By: | In: Strategies

    Most “new” business models are not really “new”. Very frequently they are based on replications or re-combinations of existing business model patterns. Consequently, learning from business models from other companies and industries is a very important source of inspiration for business model innovation.

  • Red One: a blue ocean in the cinematographic camera industry

    Red One: a blue ocean in the cinematographic camera industry

    October 4, 2013 | By: | In: Strategies

    In 2005, Jim Jannard (founder of Oakley) set up a company called RED Digital Cinema, with the specific aim of creating a ultra-high definition digital camera which would be as good as the 35 mm film cameras. This very successful strategic move that changed the 100 year-old cinematographic cameras industry is analyzed here through the logic of Blue Ocean Strategy – a theory grounded in the concept of value innovation.

  • Exclusive Interview with Henry Chesbrough

    Open Innovation Past and Present: an Exclusive Interview with Henry Chesbrough

    July 17, 2013 | By: | In: Enabling Factors

    Though intensely talked about, open innovation remains a subject matter that both fascinates and creates apprehension among business professionals. In the following interview, Henry Chesbrough, the father of open innovation according to Wikipedia, has sat down with IM.se to discuss a few key aspects of this largely new and challenging innovation model: its evolution, its applicability and most importantly, its essential role in facilitating knowledge creation for the future. He teaches at UC Berkeley’s Haas School of Business, and Esade Business School in Barcelona.

  • How to shock management into rethinking the business model – prove they can be blindsided by a Fingerprint.

    How to Shock Management into Rethinking the Business Model – Prove They can be Blindsided by a Fingerprint

    May 15, 2013 | By: | In: Strategies

    Despite a detailed process with countless hours of work, and sincere efforts to take a longer-term, strategic look at where to play and how to win, many businesses fail to anticipate fundamental shifts that should cause them to rethink their entire business model. The results are often disastrous – too many businesses end up on life support. This article presents a new concept called “Competitive Fingerprints” that will allow readers to anticipate shifts and adapt their business model to capitalize on future market realities.

  • 9-different-models-innovation-governance

    9 Different Models in use for Innovation Governance

    May 8, 2013 | By: | In: Organization & Culture

    Research from Jean-Philippe Deschamps, Professor of Technology and Innovation Management at IMD, indicates that there are at least nine possible models of innovation governance, some of which are more widely used than others. This second article in a series of three on the topic of Innovation Governance will review the various governance approaches or “models” that companies have put in place.

  • Benefits of Sustainability-Driven Innovation

    The Benefits of Sustainability-Driven Innovation

    April 12, 2013 | By: | In: Enabling Factors

    The majority of managers who say that their company’s sustainability activities have added to profits also say that sustainability has led to business model change. What connects corporate sustainability with business profits? According to our 2012 global executive survey on sustainability, an important factor is business model innovation. Managers who say that their company’s sustainability activities have added to the company’s profits are more than twice as likely to say that sustainability has caused their organization to change their business model than not.

  • How To Become A Business Model Architect

    How To Become A Business Model Architect

    March 1, 2013 | By: | In: Strategies

    Our first article in this series, titled “Include Business Model Review as a New Year Resolution”, described a method to reveal weaknesses in your business model. So, what do you do next after you complete your business model assessment and find weaknesses in one or more of its cornerstones? You find Value Accelerators (VA)™! VA’s are specific and market-proven ideas, assets or strategies that directly accelerate revenue and profit growth. This article discusses how to develop, assess and prioritize the best VAs to strengthen weaknesses in your business model. It also gives you a link to download an example of a scorecard to help prioritize the VAs.

  • Innovation Management from around the web

    New E-Course Adds Compelling Visual Elements to the Practice of Business Model Design

    February 18, 2013 | By: | In: Around the Web

    Designing Business Models by Patrick van der Pijl, a new video e-course, teaches you the basics of the popular business model canvas model from the book Business Model Generation by Alexander Osterwalder and Yves Pigneur. He then supercharges the process by demonstrating how it can be combined with several simple visual thinking techniques.

  • Include “Business Model Review” as a New Year Resolution

    January 25, 2013 | By: | In: Life Cycle Processes

    Forget the Profit & Loss Statement (P&L) and Cash Flows – for just 30 minutes. Assess the key drivers of your business model that make you stronger or weaker than your competitors at creating, delivering and capturing value. In this article, we will present a tool to simplify your task – it’s been refined for 15 years by senior managers with responsibility for brands and P&Ls in both startups and multinationals.

  • Innovation Management from around the web

    Put Your New Business Model to the Test

    January 21, 2013 | By: | In: Around the Web

    When a consumer product company wants to know how a new product or new marketing campaign will perform, it doesn’t rely solely on traditional market research surveys. It goes to test markets. It’s the right way to discover how the innovation will go over in real market conditions. So why don’t more firms do this with new business models, asks Saul Kaplan?

  • Innovation Management from around the web

    Product-Service Business Model Best Practices

    November 27, 2012 | By: | In: Around the Web

    One way to innovate in the business model your company is using is to add services to your existing products. This move makes sense in a world where products are increasingly commoditized by excess global supply, growing customer power and a flood of copycat offerings. But companies need to be savvy about how they add services to their existing products.

  • Innovation Management from around the web

    The Yin and Yang of Business Model Innovation

    November 19, 2012 | By: | In: Around the Web

    The “free fall” that Sony, Sharp, Panasonic and Toshiba are experiencing in the flat Japanese economy is partially the result of a failure to adopt new business models to adapt to changes in the marketplace, says Kay Plantes.

  • Innovation Management from around the web

    Five Tips to Save your Business Model

    November 12, 2012 | By: | In: Around the Web

    “What business are we in?” is the most fundamental question that business leaders should we asking today. Here are five tips for answering the question correctly from Kay Plantes.

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