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Kaplan tweaks-to-transf-prez-2 (1)
 

Kaplan tweaks-to-transf-prez-2 (1)

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    Kaplan tweaks-to-transf-prez-2 (1) Kaplan tweaks-to-transf-prez-2 (1) Presentation Transcript

    • @skap5
    • innovation lessons from bees
    • don’t get netflixed
    • A FEW GUIDING QUESTIONS WHAT IS YOUR ORGANIZATION’S CURRENT BUSINESS MODEL? IS IT SUSTAINABLE? ARE YOU DOING R&D FOR NEW BUSINESS MODELS?
    • THE GOOD NEWS Innovators thrive during turbulent times. THE bad NEWS Innovation has become a buzzword.
    • BELOW THE BUZZwords a simple definition: Innovation is a better way to deliver value.
    • Invention vs. innovation
    • massive/ breakthrough significant/ intermediate marginal/ incremental qualitative/ perceptual additive/ complimentary displacing/ substitute systematic/ Wide ranging disruptive/ new system capability innovation productinnovation better mouse trap tweaks new paradigm for controlling mice better way to create, make, and sell today’s mouse trap why business model innovation matters
    • A business model is a story of how an organization creates, delivers, and captures value. a simple definition:
    • A business model is a story of how an organization creates, delivers, and captures value. Story of how an organization creates, delivers, and captures value. operating model financial model customer experience targets segmentation experience mapping unmet need value proposition revenue, pricing, costs, capital capability A capability b capability c capability d technology processpeople
    • 10 reasons companies fail At business model innovation 1 2 3 4 5 6 7 8 9 10
    • 10 reasons companies fail At business model innovation CEOs don't really want a new business model. 1
    • 10 reasons companies fail At business model innovation Business model innovation will be the next CEO's problem. 2
    • 10 reasons companies fail At business model innovation Product is king. Nothing else matters. 3
    • 10 reasons companies fail At business model innovation Information technology is only about keeping the trains moving and lowering costs. 4
    • 10 reasons companies fail At business model innovation Cannibalization is off the table. 5
    • 10 reasons companies fail At business model innovation Nowhere near enough connecting with unusual suspects. 6
    • 10 reasons companies fail At business model innovation Line executives hold your pay card. 7
    • 10 reasons companies fail At business model innovation Great idea, what's the ROI? 8
    • 10 reasons companies fail At business model innovation They shoot business model innovators, don't they? 9
    • 10 reasons companies fail At business model innovation You want to experiment in the real world; are you crazy? 10
    • How can we accelerate the pace of business model innovation? How do we help organizations create new, networked business models that deliver solutions to the big problems of our day? Business Model Innovation
    • ORGANIZATIONS NEED A SAFE AND MANAGEABLE ENVIRONMENT TO EXPLORE AND TEST NEW BUSINESS MODELS. R&D for new business models Unmet need…
    • number of users cost($) benefit costs lower cost net cost fewer users getting to the network effect faster & cheaper
    • BIF: The Real World Lab An actionable platform for business model experimentation in areas of social importance including health care, education, government, and entrepreneurship.
    • STUDENT ENTREPRENEUR PATIENT CITIZEN BIF Experience Labs
    • CONNECT INSPIRE TRANSFORM 15 business model innovation principles
    • CONNECT INSPIRE TRANSFORM 15 business model innovation principles
    • CONNECT INSPIRE TRANSFORM 15 business model innovation principles