Business Model Innovation Cone Advisor

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Business innovation: business model innovation, management innovation, leadership innovation, process innovation, market innovation

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Business Model Innovation Cone Advisor

  1. 1. Making Your Growth Business Easy To Lead Business Innovation © CONE ADVISOR 1
  2. 2. To whom • Business Model Innovation is designed for • Research & Development (Innovation Process) • Incubators, business parks and think thanks • New Business Development • Business Model Innovation is suitable for • Start-up development (incubator & Venture capitalist) • New business models • New business area development (change) • New perspective to the existing business © CONE ADVISOR 2
  3. 3. What kind of innovations are you looking for? © CONE ADVISOR 3
  4. 4. © CONE ADVISOR 4 Products?
  5. 5. © CONE ADVISOR 5 Product and Service Innovation Funnel From many ideas to a few producs Idea Idea Idea Idea Idea Idea Product
  6. 6. © CONE ADVISOR 6 Business Models?
  7. 7. Business & Model* • Business: • the activity of buying and selling goods and services, or a particular company that does this, or work you do to earn money. • Model: • a representation of something, either as a physical object which is usually smaller than real object, or as a simple description of the object which might be used in calculations. 7 *(Cambridge Learner's Dictionary (Cambridge 2003) has the following definitions for the two terms) © CONE ADVISOR
  8. 8. Why Model is Visual? © CONE ADVISOR 8 10% remembers text 65% remembers picture Bird
  9. 9. Sample of visual tools for business innovation © CONE ADVISOR 9 Weak signals ExecutionModelingExploration Ecosystem Strategy Model Scorecard Competition Profile Business Model Canvas
  10. 10. © CONE ADVISOR 10 Business Innovation Funnel From many ideas to a few elements From elements to rich business & leadership innovations Idea Idea Idea Idea Idea Idea Business Model Canvas Strategy model Competition Profile Scorecard Strategic PMO
  11. 11. Three mostly agreed ingredients of Business Model 1. Firstly, a business model describes the mechanisms of revenue generation. 2. Secondly, a business model analyzes the customer perspective in the value net. 3. Thirdly, a business model is typically a high- level and quite simplistic model rather than a full business plan. © CONE ADVISOR 11 Source: Ala-Mutka 2005
  12. 12. Business Model* = Strategy 1. The definition of strategy based on systems thinking, thus it can be described as model 2. Competitive Strategy focus on business level strategies and its focus is on customer value and competition in certain business area. 3. Modern Agile Strategy do not require analytic calculation and choice, which assumes that there is a great deal of reliable information. 12 *(or alternatively ”strategy model” (Ala-Mutka 2008) © CONE ADVISOR
  13. 13. © CONE ADVISOR 13 Jukka Ala-Mutka, Dr. Sc. Experience: • Cone Advisor, founder, VP international markets, 2011- • Cone Advisor, founder, CEO, 2006-2011 • Management Consultant 2001-2005 • Siemens ICN, development manager 1996-2001 University: • Aalto University School of Economics (part-time research fellow 1.1.2010-) – Aalto Executive Education, Aalto Small Business Center – Business & Strategy Course (~100 students) • Helsinki School of Economics (part-time research fellow 2006-2009) – JONOKA –research project 2006-2009 (Agile Strategy) – HSE Small Business Center – HSE Executive Education – Business & Strategy Course – Introdcution to Management Course • McGill University, Canada, Post Doctoral Research Fellow (full-time 2006) • Tampere University of Technology, Dr. Sc. (part-time, 2001-2005) • Linkedin http://fi.linkedin.com/in/jukkaam • Blog http://jukkaam.wordpress.com/
  14. 14. Contact • A Eteläranta 10, 00130 Helsinki, Finland • W http://www.coneadvisor.com Blog • http://jukkaam.wordpress.com/ Linkedin • P http://fi.linkedin.com/in/jukkaam • G http://www.linkedin.com/groups?homeNewMember=&gid=2836483 Twitter • T http://twitter.com/jukkaam • T http://twitter.com/agilestrategy • T http://twitter.com/coneadvisor Slideshare • S http://www.slideshare.net/JukkaAM Paper.li jukkaam Daily & Agile Strategy Weekly • P http://paper.li/jukkaam • P http://paper.li/jukkaam/agile-strategy © CONE ADVISOR 14
  15. 15. Value Proposition Making Your Business Easy To Lead • Together we create business easy to lead – 1. Visualization enhance shared understanding, 2. Interaction rise commitment to common goals, 3. Agility change the rules of business, and 4. Diversity enable new innovations. © CONE ADVISOR 15
  16. 16. MAKING YOUR BUSINESS EASY TO LEAD 16© CONE ADVISOR

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