Business Model Innovation
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Does Business Model Innovation Deserve More Love?

When you think of innovation it’s easy to slip into thoughts about some new technology or other. Of course, that isn’t the be all and end all of innovation whatsoever, and it certainly isn’t the most important kind.
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Rethinking The Role Of The Corporation -- From Philanthropy To Shared Value - Forbes

Rethinking The Role Of The Corporation -- From Philanthropy To Shared Value - Forbes | Business Model Innovation | Scoop.it
The trend toward deeper, smarter engagement that connects a corporation’s mission to achieving social solutions is encouraging.
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Business Model Innovation...the story so far - Pulse

Business Model Innovation...the story so far - Pulse | Business Model Innovation | Scoop.it

In the beginning...Innovative and disruptive new businesses have been emerging since time began. From the 1950’s information and communication technologies made it possible to create and build very large businesses based on the new technology.

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The Six Scenarios for Hotels to Address the Collaborative Economy ...

The Six Scenarios for Hotels to Address the Collaborative Economy ... | Business Model Innovation | Scoop.it
Screenshot from Keynote: Business opportunities await for hotels to bless and certify peer to peer home sharing, matching trusted customers from loyalty programs to local experiences, and selling value added services and goods like cleaning,...
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2013 Haier Global Forum On Business Model Innovation - PR Newswire (press release)

2013 Haier Global Forum On Business Model Innovation
PR Newswire (press release)
On July 28, 2013, innovative business leaders and scholars from around the world will gather in Qingdao, China for the Haier Global Forum On Business Model Innovation.
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The Business Model, a Canvas for Growing Innovation Convergence - Innovation Excellence (blog)

The Business Model, a Canvas for Growing Innovation Convergence - Innovation Excellence (blog) | Business Model Innovation | Scoop.it
The Business Model, a Canvas for Growing Innovation Convergence Innovation Excellence (blog) So I had a more detached view but let me give you the flavor of what is bubbling up around the Business Model and its Canvas where a new (and older)...
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Inaugural UMD Business Model Challenge Winners Announced - Wall Street Journal (press release)

Inaugural UMD Business Model Challenge Winners Announced - Wall Street Journal (press release) | Business Model Innovation | Scoop.it
Inaugural UMD Business Model Challenge Winners Announced Wall Street Journal (press release) COLLEGE PARK, Md., May 1, 2013 /PRNewswire-USNewswire/ -- The Maryland Technology Enterprise Institute (Mtech) today announces the winners of the inaugural...
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Google's Innovative New Business Model For Google Glass - Forbes

Google's Innovative New Business Model For Google Glass - Forbes | Business Model Innovation | Scoop.it
Google's Innovative New Business Model For Google Glass
Forbes
Google Glass has plenty of novelty about it.
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How Cooking Lunch Can Be a Business Model Innovation

How Cooking Lunch Can Be a Business Model Innovation | Business Model Innovation | Scoop.it
The startup Thumbtack hired a full-time chef a few years ago, and it transformed their business. It's a great story of unintended business model innovation that we can learn from.
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From Shared Value to Real Value | Citizen IBM Blog

From Shared Value to Real Value | Citizen IBM Blog | Business Model Innovation | Scoop.it
Over the last several years, corporate citizenship programs have begun to refocus their efforts from “responsibility” to “opportunity.” In other words,
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How to shock management into rethinking the business model ...

How to shock management into rethinking the business model ... | Business Model Innovation | Scoop.it
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 ...
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Lunch n' Learn – May 29th “Business Model Generation” | THE ...

Lunch n' Learn – May 29th “Business Model Generation” | THE ... | Business Model Innovation | Scoop.it
Business Model Generation Lunch n' Learn. Are you an entrepreneur at heart? Are you looking for ways to create value for your customers, build a new business, or transform your business as it exists today?
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From CSR to Shared Value, From Carbon Offsets to Social…

From CSR to Shared Value, From Carbon Offsets to Social… May 20th, 2013 → 3:59 am @ carbon. 0. by Joe Sibilia. If human activities contribute to climate change, what can humans do to manage their impact on the environment?
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Amazon.com: Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers (9780470876411): Alexander Osterwalder, Yves Pigneur: Books

Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers

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Amazon.com: Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers (9780470876411): Alexander Osterwalder, Yves Pigneur: Books
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Alexander Osterwalder: Designing the best business model

Alexander Osterwalder: Designing the best business model | Business Model Innovation | Scoop.it
Business model innovation could alleviate the beef farming crisis
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Google Reveals Its 9 Principles of Innovation

Google Reveals Its 9 Principles of Innovation | Business Model Innovation | Scoop.it
Want to know what's in Google's secret sauce? Chief social evangelist Gopi Kallayil dishes out the tech giant's success recipe.

Via Maya Mathias, John Michel
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Maya Mathias's curator insight, November 23, 2013 3:49 PM

Some good insights into the inner workings of an innovative enterprise.  I cover these & others in more detail in my book 'Unleash Your InnoMojo' http://bit.ly/innomojobk

John Michel's curator insight, November 23, 2013 10:21 PM

Ever wonder what gives one of the worlds most successful companies it's edge? Here is a great article on how Google keeps elevating the bar on its performance. 

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Patient-generated data, EHR sharing can add clinical value - EHRIntelligence.com

Patient-generated data, EHR sharing can add clinical value - EHRIntelligence.com | Business Model Innovation | Scoop.it
Patient-generated data, EHR sharing can add clinical value EHRIntelligence.com Patient-generated health data (PGHD) and the sharing and mutual review of EHR data can add clinical value to a patient's care, according to a report by the National...
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Knowing the Value within your Business Model is vital | Business ...

Knowing the Value within your Business Model is vital | Business ... | Business Model Innovation | Scoop.it
Knowing where to start in designing a business model or simply just even trying to describe it to others can be difficult. You need to explain its value. The.
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Free audio version of the Business Model Innovation Factory book ...

Free audio version of the Business Model Innovation Factory book ... | Business Model Innovation | Scoop.it
The Business Model Innovation Factory Guess what!? Early registration for the #BIF9 Summit ends May 1st. In addition to a $300 discount on registration, we're sweetening the deal with a FREE 60 minute abridged audio ...
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Here is Why You Need Business Model Innovation - Innovation for ...

Here is Why You Need Business Model Innovation - Innovation for ... | Business Model Innovation | Scoop.it
New technologies require new business models to succeed. I can't prove this yet, but the more I study the innovation process, the more convinced I am that this is true. If you have an innovative new idea (and this can be a ...
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A Better Way to Think About Your Business Model - Alexander ...

A Better Way to Think About Your Business Model - Alexander ... | Business Model Innovation | Scoop.it
Alexander Osterwalder is co-author of the global bestseller "Business Model Generation." His Business Model Canvas is used by leading organizations around the world, and his start-up, The Business Model Foundry, ...
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Innovation Excellence | Embrace Self-Disruption Using the Business Model Canvas

Innovation Excellence | Embrace Self-Disruption Using the Business Model Canvas | Business Model Innovation | Scoop.it

Your business is unsustainable in its present form. It doesn’t matter what you make, or sell, or offer. If you continue to embrace “business as usual,” you are doomed.

 

That was the bottom-line message offered by Alexander Osterwalder, co-author of Business Model Generator, in his Day Two keynote at the Front End of Innovation conference in Boston this week. As I learned in my days at Forrester Research, whether you are writing a research report or giving a speech, there’s nothing like starting off with a little fear, uncertainty and doubt (FUD) to get people’s attention.

 

Osterwalder introduced the crowd to his Business Model Canvas (BMC), which is a tool that allows people to make existing or new business models tangible so they can be discussed. There are 9 components to the BMC: Customer Segments, Customer Relationships, Channels, Value Propositions, Key Activities, Key Resources, Key Partners, Cost Structure, and Revenue Streams....


Via Jeff Domansky
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Jeff Domansky's curator insight, May 10, 2013 3:28 PM

For marketing strategists and those who like to explore social business this is an interesting post. His Business Model Canvas we'll get you thinking about your business in very different ways.

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Book Review: Business Model Generation | The Transition of ...

Book Review: Business Model Generation | The Transition of ... | Business Model Innovation | Scoop.it
Business Model Generation launched in 2010 and has since become a global success story. It was written as a practical guide to enable people to implement effect change in their organisations and businesses via the ...
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How to harness disruptive innovation as a modern marketer - Econsultancy

How to harness disruptive innovation as a modern marketer - Econsultancy | Business Model Innovation | Scoop.it

Key excerpts...

 

To truly be disruptive the innovation must actually be disrupting an existing market. In terms of classical management theory on the matter, this means that the innovation is targetting either low-end consumers in a market or creating new markets for those who previously did not consume in the existing market.

 

My point is that the type of business you're in or its size is irrelevant to achieving the desired outcome. Therefore regardless of your organisation, job description or experience you can drive forward the innovation agenda.

 

Rule one: know your customers, but more importantly, know those who will never be your customer

However as the product performance improves, the low-end of the market remains or becomes left out. They can't afford the latest innovations and so don't purchase at all. Depending on the market this could be a major group. If you can create a product that matches their performance expectation (features, performance and price) then you've disrupted the market by bringing a whole new group of people into

 

Rule two: monitor the market

Whilst competitor research is nothing new for marketers, monitoring the innovation radar is somewhat different.  Firstly you need to identify markets that don't exist where there is a market. Secondly monitor start-ups in your supply chain. Specifically watch out for firms that are winning new rounds of funding or being acquired by bigger players. This acquisition of capability represents a shift in the market that you need to be ready for.

 

Rule three: prototype with emerging technology

Innovations can relate to technology, business models and products. However new technologies increase the likelihood of disruptive innovations in business model or products. Therefore businesses should prototype rapidly with new technologies to see what could be achieved.

 

Rule four: Innovate with your partners

Upstream and downstream partners can offer major opportunities to find innovations. Talk with them regularly. Be an iconoclast, ready and eager to tear down the way things were normally done to find a simpler or better way. Look for opportunites to co-develop and prototype market ideas. Turn the opportunity to innovate over to your customers.

 


Via marketingIO
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marketingIO's curator insight, May 15, 2013 11:00 AM

Back in the mid-90's, there was a book called The Second Curve that covered essentially the same topic: shifting the market through disruption. It talked to cases where the shift took place, which was fine, but this post (and I suppose the forthcoming book) really touches on the how to shift the curve, or execute on disruptive innovation. Regarding hard goods: we fully expect 3D printing will completely change the velocity of disruption as prices decrease.


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Oliver Durrer's curator insight, April 27, 2015 12:53 PM

Interesting perspective underscoring the tight link between marketing and (disruptive) innovation. First rule: know your consumer and know your ant-isegment (who will never be your consumer - and know why not). For innovation to be disruptive in Clayton Christensen's sense (as opposed to sustained innovation), the consumer is not known in the beginning. This is why lean startup techniques like customer development play a key facilitating role to get on the right track.

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Business Model and Brand: Keys to Customer Experience Innovation - 1to1 Media (blog)

Business Model and Brand: Keys to Customer Experience Innovation - 1to1 Media (blog) | Business Model Innovation | Scoop.it
Business Model and Brand: Keys to Customer Experience Innovation
1to1 Media (blog)
At Forrester, we define customer experience as how customers perceive their interactions with your company.
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