This document provides an overview of a presentation on business model innovation given by Dr. Michaela Csik. It includes her professional background and experience in business model innovation consulting and research. The presentation discusses why business model innovation is important for company success, provides examples of companies that failed to innovate their business models, and introduces a framework called the St. Gallen Business Model Navigator that can be used to systematically develop innovative new business models.
Business model navigator - 55 business model patterns
This presentation is adapted and based on working Paper “The St.Gallen Business Model Navigator” by Oliver Gassmann, Karolin Frankenberger, Michaela Csik
Business Model Generation: Business Model Canvas + Design ThinkingSiddhant Choudhary
A business model describes the rationale of how an organisation creates, delivers and captures value. This ppt runs you through basics of business model generation.
Business Model Canvas explanation and examples from technology, creative, and home products industries:
Cirque Du Soleil Business Model Canvas
Skype Business Model Canvas
Easy Taxi Business Model Canvas
Facebook Business Model Canvas
Kinder Business Model Canvas
Louis Vitton Business Model Canvas
Airbnb Business Model Canvas
Nespresso Business Model Canvas
Netflix Business Model Canvas
Google Search Business Model Canvas
Black Eyed Peas Business Model Canvas
This is the deck from a talk we gave on New Approaches to Business Model Innovation at the Product Development Management Association (PDMA) Summer Innovation Event in Detroit Michigan.
Many organizations focus on driving innovation through new products and services. While these are productive and profitable sources of innovation, organizations that consider innovating against a broader definition of their business model -- including not only WHAT they sell, but also HOW their business operates and delivers value, will find new opportunities to drive top and bottom line growth and ensure that they stay relevant in an increasingly turbulent marketplace.
In this presentation, The Garage Group introduces practical frameworks and exercises to enable Business Model Innovation:
● The “What/How” framework, which can be used to map and plan business model innovation within any organization.
● Examples from multiple industries to inspire Innovation across unexpected elements of organizations’ business models.
● A templated exercise to capture multiple elements of your organization’s business model which could be prime for innovation.
The Garage Group is a new kind of strategy firm building entrepreneurial processes and capabilities for innovation.
This presentation is based on the top seller book "Business Model Generation" by Alex Osterwalder and Yves Pigneur. This book introduces the Business Model Canvas, the world's leading tool in creating and analyzing business models. This great tool allows you to sketch out your business model visually without starting with a scary business plan.
You can take my online course which covers more content, examples, quizzes, challenges and provides a certificate of completion.
Get course discounts and learn more:
www.playtactic.com
I hope you find this beneficial and good luck on your business model ;)
Business model navigator - 55 business model patterns
This presentation is adapted and based on working Paper “The St.Gallen Business Model Navigator” by Oliver Gassmann, Karolin Frankenberger, Michaela Csik
Business Model Generation: Business Model Canvas + Design ThinkingSiddhant Choudhary
A business model describes the rationale of how an organisation creates, delivers and captures value. This ppt runs you through basics of business model generation.
Business Model Canvas explanation and examples from technology, creative, and home products industries:
Cirque Du Soleil Business Model Canvas
Skype Business Model Canvas
Easy Taxi Business Model Canvas
Facebook Business Model Canvas
Kinder Business Model Canvas
Louis Vitton Business Model Canvas
Airbnb Business Model Canvas
Nespresso Business Model Canvas
Netflix Business Model Canvas
Google Search Business Model Canvas
Black Eyed Peas Business Model Canvas
This is the deck from a talk we gave on New Approaches to Business Model Innovation at the Product Development Management Association (PDMA) Summer Innovation Event in Detroit Michigan.
Many organizations focus on driving innovation through new products and services. While these are productive and profitable sources of innovation, organizations that consider innovating against a broader definition of their business model -- including not only WHAT they sell, but also HOW their business operates and delivers value, will find new opportunities to drive top and bottom line growth and ensure that they stay relevant in an increasingly turbulent marketplace.
In this presentation, The Garage Group introduces practical frameworks and exercises to enable Business Model Innovation:
● The “What/How” framework, which can be used to map and plan business model innovation within any organization.
● Examples from multiple industries to inspire Innovation across unexpected elements of organizations’ business models.
● A templated exercise to capture multiple elements of your organization’s business model which could be prime for innovation.
The Garage Group is a new kind of strategy firm building entrepreneurial processes and capabilities for innovation.
This presentation is based on the top seller book "Business Model Generation" by Alex Osterwalder and Yves Pigneur. This book introduces the Business Model Canvas, the world's leading tool in creating and analyzing business models. This great tool allows you to sketch out your business model visually without starting with a scary business plan.
You can take my online course which covers more content, examples, quizzes, challenges and provides a certificate of completion.
Get course discounts and learn more:
www.playtactic.com
I hope you find this beneficial and good luck on your business model ;)
Game Changing Business Models - V2! - with case examples - Competitive Advant...Michael Skok
Developed for the Harvard Innovation Lab workshop series on Startup Secrets.
This is part 3 of the 5 part series by Michael J Skok on how to get competitive advantage as a startup.
Michael's slides are the agenda for the workshop, and are NOT self contained. For fuller coverage of the slides, visit Michael's website http://www.mjskok.com/
Sharing the main lessons from some of my learning experiences in 2015.
Covering insights related to Product Management, User Experience, Cities and some other areas.
Will write in detail on Medium.com about aspects of the top clipped slides of this slideshare.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Looking to have a blast and re-energize participants in a classroom or workshop? Want a light-hearted exercise that suits everyone from frontliners to senior executives? Look no further - this exercise is it!
The Silly Cow Exercise can be used as an ice-breaker or a warm-up activity and is perfect for training programs such as Creative Thinking, Design Thinking, Ideation Techniques, Value Proposition Canvas, Business Model Innovation, Service Design, Organization Design, etc.
INTRODUCTION TO THE SILLY COW EXERCISE:
In today's modern business, organizations need to innovate their products, services, business models and ecosystems to create competitive advantage.
The Silly Cow Exercise is an excellent and fun activity to unleash people's creative juices to generate innovative ideas. Participants are required to create and sketch an innovative business based on the characteristics of a cow.
The exercise encourages out-of-the-box thinking and uses a creative approach for teams in the visualization of ideas. The Silly Cow Exercise can be conducted in a meeting room, classroom, workshop or any suitable space.
OBJECTIVES OF THE SILLY COW EXERCISE:
1. As an ice-breaker, to welcome participants and get them to warm up to each other so as to create a cordial and comfortable environment for learning.
2. To prepare participants for an ideation session that is focused on the organization's specific needs (e.g. designing a new service).
EQUIPMENT/TOOL REQUIRED:
1. Flip chart papers
2. Marker pens of a few colors for each team
3. Masking tape
4. Wall to tape stuff on
Startup Secrets presents a lecture on how to build a compelling value proposition. Learn about stories, the information necessary, and the questions to ask yourself about how to show people you're worth the money!
Startup Secrets - Game Changing Business ModelsMichael Skok
In our industry, it’s not uncommon for entrepreneurs to become so mono-focused on the novelty of their product that they forget to innovate sufficiently around their business model. A disruptive business model can be at least as important as a discontinuous innovation.
I delivered this guest lecture for the marketing team of Corteva Agriscience undergoing an executive program at ISB, Hyderabad. I have explained what is digital business model innovation, and how it could apply to agrobusinesses.
The theory of disruptive innovation has proved to be a powerful way of thinking about innovation-driven growth. Many leaders of small, entrepreneurial companies praise it as their guiding star; so do many executives at large, well-established organizations, including Intel, Southern New Hampshire University, and Salesforce.
But just what is Disruptive Innovation? Which companies are considered to be causing "disruption"?
In this meetup, we will explore the basic tenets of disruptive innovation. Then we will look at some of today's companies and their services and discuss if they are disruptive or not.
Lastly, we will look a bit deeper into the theory and see if what we have learned so far allows us to more accurately predict which businesses will grow.
Slides from the CEDIM Innovation Series presentation. Includes a new business model framework, the business model as strategy cube and a design thinking oriented approach to business model innovation. @cedim
The Business Model Canvas was proposed by Alexander Osterwalder. Business Model Canvas helps lean advocates to develop new or document existing business models.
Full Program & Tools to Accelerate an Internal Innovation Project - by Board ...Board of Innovation
By Board of Innovation (www.boardofinnovation.com) -
Full program & tools available. A step by step approach to accelerate an internal innovation project in your company.
Presentation provided at the Enterprise Connect WIIN workshop series titled Business Model Innovation > New Value. Questions regarding this presentation should be directed to Marcus Tarrant, Managing Director, Mission HQ at marcus.tarrant(AT)missionhq.com.au
The Business Model Canvas - Brampton Entrepreneur CentreEhsan Daneshgar
The Business Model Canvas is a strategic tool for entrepreneurs to define their business model. This agile tool can be used before investing into a business plan. The presentation was made for Brampton Entrepreneur Centre Starter Company winners.
Business Model Generation - Part1: Canvas
Presentation of key concept of Business Model Generation Canvas presented in the www.businessmodelgeneration.com/book. With addition of Startup types and lifecycle from Startup Genome Report (http://startupgenome.cc/).
Four Paths To Business Model Innovation PowerPoint Presentation Slides SlideTeam
Business model innovations are becoming increasingly popular and important. Use our four paths to business model innovation PowerPoint template as it consists of a set of a number of slides which gives an appealing representation of your business model and methods. Business model innovation describes a fundamental change in how a company delivers value to its customers, whether that’s through the development of new revenue streams or distribution channels. Incorporating our four paths to business model innovation PPT slides will allow you to represent information related to your present and future business methods, approaches to business model, the strategies to be adopted, etc. All these important aspects can be easily highlighted with our four paths to business model innovation PPT visuals. So, bring a positive change, improvement or renewal of your business model with our four paths to business model innovation Presentation deck and meet your presentation requirements. Get to hold all the aces in your hand with our Four Paths To Business Model Innovation PowerPoint Presentation Slides. Be able to embrace brilliance.
Where does the creative thought come from? Is it magic? Is the creative skill a genetic gift for only a few? We all are creative, it is our ability of expressing your creativity that may vary.
Creativity needs a method and the right conditions. Just create the right condition and remove the ugly limits that prevent us from being as creative as we can be.
I'll cover also the design topic of the difference between empty and negative space still from a creative point of view.
Game Changing Business Models - V2! - with case examples - Competitive Advant...Michael Skok
Developed for the Harvard Innovation Lab workshop series on Startup Secrets.
This is part 3 of the 5 part series by Michael J Skok on how to get competitive advantage as a startup.
Michael's slides are the agenda for the workshop, and are NOT self contained. For fuller coverage of the slides, visit Michael's website http://www.mjskok.com/
Sharing the main lessons from some of my learning experiences in 2015.
Covering insights related to Product Management, User Experience, Cities and some other areas.
Will write in detail on Medium.com about aspects of the top clipped slides of this slideshare.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Looking to have a blast and re-energize participants in a classroom or workshop? Want a light-hearted exercise that suits everyone from frontliners to senior executives? Look no further - this exercise is it!
The Silly Cow Exercise can be used as an ice-breaker or a warm-up activity and is perfect for training programs such as Creative Thinking, Design Thinking, Ideation Techniques, Value Proposition Canvas, Business Model Innovation, Service Design, Organization Design, etc.
INTRODUCTION TO THE SILLY COW EXERCISE:
In today's modern business, organizations need to innovate their products, services, business models and ecosystems to create competitive advantage.
The Silly Cow Exercise is an excellent and fun activity to unleash people's creative juices to generate innovative ideas. Participants are required to create and sketch an innovative business based on the characteristics of a cow.
The exercise encourages out-of-the-box thinking and uses a creative approach for teams in the visualization of ideas. The Silly Cow Exercise can be conducted in a meeting room, classroom, workshop or any suitable space.
OBJECTIVES OF THE SILLY COW EXERCISE:
1. As an ice-breaker, to welcome participants and get them to warm up to each other so as to create a cordial and comfortable environment for learning.
2. To prepare participants for an ideation session that is focused on the organization's specific needs (e.g. designing a new service).
EQUIPMENT/TOOL REQUIRED:
1. Flip chart papers
2. Marker pens of a few colors for each team
3. Masking tape
4. Wall to tape stuff on
Startup Secrets presents a lecture on how to build a compelling value proposition. Learn about stories, the information necessary, and the questions to ask yourself about how to show people you're worth the money!
Startup Secrets - Game Changing Business ModelsMichael Skok
In our industry, it’s not uncommon for entrepreneurs to become so mono-focused on the novelty of their product that they forget to innovate sufficiently around their business model. A disruptive business model can be at least as important as a discontinuous innovation.
I delivered this guest lecture for the marketing team of Corteva Agriscience undergoing an executive program at ISB, Hyderabad. I have explained what is digital business model innovation, and how it could apply to agrobusinesses.
The theory of disruptive innovation has proved to be a powerful way of thinking about innovation-driven growth. Many leaders of small, entrepreneurial companies praise it as their guiding star; so do many executives at large, well-established organizations, including Intel, Southern New Hampshire University, and Salesforce.
But just what is Disruptive Innovation? Which companies are considered to be causing "disruption"?
In this meetup, we will explore the basic tenets of disruptive innovation. Then we will look at some of today's companies and their services and discuss if they are disruptive or not.
Lastly, we will look a bit deeper into the theory and see if what we have learned so far allows us to more accurately predict which businesses will grow.
Slides from the CEDIM Innovation Series presentation. Includes a new business model framework, the business model as strategy cube and a design thinking oriented approach to business model innovation. @cedim
The Business Model Canvas was proposed by Alexander Osterwalder. Business Model Canvas helps lean advocates to develop new or document existing business models.
Full Program & Tools to Accelerate an Internal Innovation Project - by Board ...Board of Innovation
By Board of Innovation (www.boardofinnovation.com) -
Full program & tools available. A step by step approach to accelerate an internal innovation project in your company.
Presentation provided at the Enterprise Connect WIIN workshop series titled Business Model Innovation > New Value. Questions regarding this presentation should be directed to Marcus Tarrant, Managing Director, Mission HQ at marcus.tarrant(AT)missionhq.com.au
The Business Model Canvas - Brampton Entrepreneur CentreEhsan Daneshgar
The Business Model Canvas is a strategic tool for entrepreneurs to define their business model. This agile tool can be used before investing into a business plan. The presentation was made for Brampton Entrepreneur Centre Starter Company winners.
Business Model Generation - Part1: Canvas
Presentation of key concept of Business Model Generation Canvas presented in the www.businessmodelgeneration.com/book. With addition of Startup types and lifecycle from Startup Genome Report (http://startupgenome.cc/).
Four Paths To Business Model Innovation PowerPoint Presentation Slides SlideTeam
Business model innovations are becoming increasingly popular and important. Use our four paths to business model innovation PowerPoint template as it consists of a set of a number of slides which gives an appealing representation of your business model and methods. Business model innovation describes a fundamental change in how a company delivers value to its customers, whether that’s through the development of new revenue streams or distribution channels. Incorporating our four paths to business model innovation PPT slides will allow you to represent information related to your present and future business methods, approaches to business model, the strategies to be adopted, etc. All these important aspects can be easily highlighted with our four paths to business model innovation PPT visuals. So, bring a positive change, improvement or renewal of your business model with our four paths to business model innovation Presentation deck and meet your presentation requirements. Get to hold all the aces in your hand with our Four Paths To Business Model Innovation PowerPoint Presentation Slides. Be able to embrace brilliance.
Where does the creative thought come from? Is it magic? Is the creative skill a genetic gift for only a few? We all are creative, it is our ability of expressing your creativity that may vary.
Creativity needs a method and the right conditions. Just create the right condition and remove the ugly limits that prevent us from being as creative as we can be.
I'll cover also the design topic of the difference between empty and negative space still from a creative point of view.
Digital Business. Countries – leaders, issues, initiatives. Companies – shift...Natalia Berdyeva
Objectives:
- Provide analysts and some industry leaders view on Digital development and future, on Countries and Companies levels
- Outline key issues, shifts, implications. Not everything, but certainly important things to consider
The future of Bitcoin & 9 ways to improve itSam Wouters
Last weekend (8-9 October) they came together in Milan, Italy at Scaling Bitcoin #3. I was not present, but I still wanted to add value as I fundamentally believe an open blockchain like Bitcoin's can make the world a better place. So I went through all the transcripts on scalingbitcoin.org to create a (hopefully) clear overview of the future of Bitcoin for (potential) Bitcoin users.
Interested in learning more? Check out my website or book me as a speaker: http://samwouters.com/
Twitter: https://twitter.com/SDWouters
LinkedIn: https://www.linkedin.com/in/samwouters
7 Things Banks should do with BlockchainSam Wouters
Most banks are currently investigating or “leveraging blockchain”. Some of them are even testing “use cases” to go beyond the talk and hype. All of them are focusing on a single future scenario, which is dangerous. In this slide deck, I give banks 7 tips on what they should do with a blockchain.
https://twitter.com/SDWouters
http://samwouters.com/
In his presentation at Blockchain Vlaanderen, Sam Wouters explained why the Blockchain exists, how it works and what can be done with it.
Interested in learning more? Check out my website or book me as a speaker: http://samwouters.com/
Twitter: https://twitter.com/SDWouters
LinkedIn: https://www.linkedin.com/in/samwouters
Fintech and Transformation of the Financial Services IndustryRobin Teigland
Slides from our FinTech day as part of the Entrepreneurship & Innovation Concentration in the Stockholm School of Economics Exec MBA program in Stockholm, Sweden.
We surveyed 200+ employees in financial services. This is what we found... See results and suggestions that can help you improve your job at your bank or credit union.
What we carry with us in our everyday lives and interactions is just as important for our success as our technical skills and achievements.
This is what I carry with me. What do YOU carry?
Slides designed and produced with Haiku Deck for iPad. Set your story free with Haiku Deck at http://www.haikudeck.com/
You can learn more about Jonathon Colman at http://www.jonathoncolman.org/
Growing momentum for Disruption in FinTech:
Looking back and looking forward.
Recording of the Backbase webinar of December 18th, 2014.
In our 2014 closing webinar we will look back at the disruptive highlights of this year and we start looking forward to 2015.
From BBVA acquiring Simple, to more and more neo-banks popping up, fintech startups going IPO and omni-channel moving from marketing buzz to the real thing. In this 60 minute webinar, Backbase's Jouk Pleiter and Jelmer de Jong discuss the main trends and best practices for banks and credit unions to keep on disrupting in the digital banking space.
Overview of industry trends and insights of Fortune 500 companies and startups' activities in the FinTech space. We cover banking tech (security, crm, analytics), payments (pos, money transfer, commerce), cyber currency (blockchain, bitcoin, wallets, cryptocurrency exchanges), business finance (lending, crowdfunding), personal finance (lending, wealth management, mortgage, credit), and alternative cores (banking, insurance).
Block chain 101 what it is, why it mattersPaul Brody
The Blockchain is an important new technology, but it is shrouded in mystery: what does it do? Why is it such a big deal? How is it related to bitcoin? In this short presentation (with attached video), I attempt to answer those questions.
Supply Chain Summit on Innovation Driven Procurement Business ModelRobbert den Braber
Presentation given on the Global SC Summit @ October 4 in Venlo, The Netherlands
It shows the change in Procurement business model required to contribute to innovation
Business Transformation Best Practices Summit in ParisRafael Lemaitre
A 3 days workshop and best practice exchange.
Benchmarking tour 20 to 22 September 2016, Paris.
Day 1: Digital Transformation
Day 2: Digital Innovation
Day 3: Strategy Execution
Know Everything About Business Model Innovation101 Blockchains
Business model innovation is organizing all of the key elements of a business to create more value for the customers and the company. Basically, it’s a process to create a new type of business model that will offer more efficiency and usability in the long run.
Business model innovation is a necessary means nowadays for companies to adopt as the market is becoming more and more competitive. Also, traditional business models have become quite obsolete and can’t offer a proper service to customers.
There are generally 5 type of models that you can use – regular, position building, dynamic and application, capabilities building, and revolutionary techniques. You also need to follow specific steps for business model innovation such as decisions on product or service offerings, time of making decisions, authorities for decision making, and reasons for decisions.
If you want to introduce business model innovation concept within your company then 101 Blockchains can help you out with that. We offer a full course specifically to help you understand the ins and outs of business model development.
Check out the course from here ->
Business Model Innovation Course
https://academy.101blockchains.com/courses/business-model-innovation
Check out our certification courses from here ->
Certified Enterprise Blockchain Professional (CEBP) course
https://academy.101blockchains.com/courses/blockchain-expert-certification
Certified Enterprise Blockchain Architect (CEBA) course
https://academy.101blockchains.com/courses/certified-enterprise-blockchain-architect
Certified Blockchain Security Expert (CBSE) course
https://academy.101blockchains.com/courses/certified-blockchain-security-expert
Check out our full guides on this topic from here ->
https://101blockchains.com/business-model-innovation/
https://101blockchains.com/business-model-innovation-steps/
https://101blockchains.com/business-model-innovation-examples/
https://101blockchains.com/business-model-innovation-opportunities-and-barriers/
Innovation is one of the key enablers for European enterprises to compete in global markets. The term ‘innovation’ is constantly used in speeches of managers, politicians, public administrators. However, in the large majority of cases, the term is used as a generic 'place holder', a sort of container whose actual content is left to the intuition. For this reason it is important to deeply elaborate, specifically on the notion of Enterprise Innovation, to better understand the essence and meaning of innovation.
Innovation stems from a virtuous mix of intuition, creativity, and a solid background knowledge. Each innovation endeavour has its own characteristics, largely different from previous experiences. It falls in the category of ‘wicked problems’, i.e., problems difficult to solve because of incomplete, fuzzy, changing requirements. Nevertheless, there are recurring patterns and it is possible to conceive systematic methods, and supporting information systems, to promote and manage innovation avoiding the risk to close it in a ‘cage’, risking depressing the fundamental creativity and fantasy. This talk will present an innovative framework for enterprise innovation that includes a methodology and an innovation management platform which is based on an generic behavioural pattern (i.e., independent of the industrial sector), a strong knowledge orientation, and an innovation monitoring system funded on a number of Key Performance Indicators, to constantly keep the progress of the innovation project under control.
The traction that met Michu and Telebirr early on highlights the massive demand for uncollateralized digital credit in Ethiopia. New entrants such as Kacha Digital Financial services have also announced they’re eying the micro-credit market. The impending entrance of Safaricom’s M-PESA is undoubtedly going to have an impact, but the telecom operator must wait until the National Bank of Ethiopia (NBE) sets rules before it can enter the fray.
Among the most significant recent developments in the digital lending sphere is credit cards. Awash Bank has announced it will start issuing credit cards to its clients in both secured and unsecured loan forms. Clients will be able to access as much as a few hundred thousand Birr in credit from the bank, with limits depending on the loan type.
It is a significant milestone for the Ethiopian financial sector, and the development is likely to be followed up by even more big changes.
Central bank regulators are working on a digital lending framework that will likely see micro-credit providers gain a step up in the financial sector. As it stands, mobile money providers are the only non-traditional financial institutions allowed to engage in micro-credit service but are still required to partner with banks or MFIs to access loanable funds.
The central bank, however, has recently expressed intentions to allow fintechs to loan out funds sourced from entities other than banks or MFIs. Common practice in other countries indicates that these other sources are usually private equity firms, individuals or development institutions. This model is practiced in various countries across the globe.
For instance, In Kenya, Digital Credit Providers (DCPs) were not regulated by the central bank until recently and sourced funds from various sources without having to disclose them to the central bank.
Nonetheless, close to 300 DCPs have applied for licenses from the Kenyan central bank this year after regulators put out a call following a decision that compels lenders to disclose their source of funding. Ten of them have already been licensed. Development Financial Institutions, commercial banks, private equity firms and high-net-worth individuals are some of the popular sources of funding that Kenya-based DCPs use for lending.
The implementation of various models of lending come with their own advantages and disadvantages. Here are the possible opportunities and threat that the Ethiopian market will experience as a result of the upcoming changes:
Opportunities
Encourages the development of new lending models such as peer-to-peer (P2P lending). Countries with advanced digital lending models have progressed to be able to offer a slew of innovative lending products. Diversifying the source of funds would allow creditors to experiment with innovative use cases based on their own risk appetite as they’ll be able to retain the risk on their own.
Provides a more attractive business case for fintechs. With the current arrangement, fi
Turning Crowd Innovation Into Real Products and RevenueMindjet
When any organization ramps up a new or refined business approach, it must align with their goals as a company and provide benefits that outweigh any associated costs. And, due to their typical ambiguity, corporate innovation programs often present many challenges that can be difficult to face without expert guidance.
In this presentation, Mindjet’s John Welder discusses how you can support your crowd innovation management programs through design thinking, agile methodologies, and lean start-up processes, in order to accelerate real business outcomes and revenue.
Innovation should not be accidental, it can be managed! This short presentation walks us through different drivers, models, processes and engagement types around innovation.
Content of the presentation was tailored for Shared Service Centers.
OVERVIEW Business model innovation is often the key to capturing .docxhoney690131
OVERVIEW: Business model innovation is often the key to capturing value from innovation within corporations. Developing and implementing new business models in practice, however, is difficult and fraught with risk. This paper discusses a systematic approach to developing new business models and identifies concrete steps to reduce the risks associated with them. It draws on literature on elements of the process as well as experience developing and implementing new business models at Goodyear.
FEATURE ARTICLE
KEYWORDS: Business model innovation; Adoption risks; Co-innovation risks; Business model canvas
Business model innovation has gained increased attention over the last five years, driven in large part by the tremendous returns generated by companies that have developed new business models--Netflix, Dell, and the Apple iTunes store are the most frequently noted examples. The term itself, however, has been only vaguely defined. Keeley and coauthors (2013), for example, characterize business model innovation by the number of attributes of a business that are changed, while Osterwalder and Pigneur (2010) define a business model in terms of a completed canvas. The vagueness of these representations makes it hard to study (or even to discuss) the process of developing a successful business model to harvest value from innovation.
The concept of the business model is actually simple: the business model is the means by which a firm creates and sustains margins or growth. The business model, defined in this way, is inherently embedded in a firm's competitive environment: the ability to create margins and growth is dependent on what competitors are doing to create margins and growth for themselves. The business model is not simply the means by which a firm creates and captures customer value. Focusing on creating customer value without regard to competitive advantage will leave a firm vulnerable to both margin erosion and anemic growth. Because the competitive environment is forever changing, business models require constant vigilance; they must be adapted and strengthened over time as the competitive environment evolves.
Business model innovation, in this context, is any innovation that creates a new market or disrupts the competitive advantage of key competitors. Business model innovation is confused in many discussions with building new capabilities (for instance, a new channel). This may or may not be business model innovation: while business model innovation may require new capabilities, new capabilities will constitute business model innovation only when they significantly disrupt the competitive dynamics of an industry. A few common examples of business model innovation make this distinction clear:
* Dell: Dell disrupted the cost structure of the personal computer industry with its build-to-order model by eliminating the costs of retail outlets, which radically reduced working capital, enabled customization of orders, and (riding Moore's law) .
The current business model of almost every organisation won’t survive the next 10-20 years.
How can you future-proof your organisation, and how do you transition?
Most of us know why business model innovation is essential. Not many know how to do it. These slides are from the webinar: Transform your Business Model to Stay Ahead of The Curve by Dr. Jeffrey Tobias, Managing Director of The Strategy Group. https://www.thestrategygroup.com.au/transform-your-business-model-to-stay-ahead-of-the-curve/7/
Relevance of the business model for startup successChristian Schultz
This presentation answers three questions: (1) What are viable definitions of the business model? (2) Is the business model relevant for start-up success? (3) What elements of the business model are very success sensitive in the start-up context? The short case study of wegreen is used to exemplify the main arguments of the presentation.
Open Innovation And strategy includes the Long term growth of the company in which industries/technologies a firm wants to be active – new business development
Managing Director Dr. Giordano Koch shows how to run successfull innovation labs and how to integrate them into a longterm innovation strategy for businesses.
OVERVIEW Business model innovation is often the key to capturing .docxaman341480
OVERVIEW: Business model innovation is often the key to capturing value from innovation within corporations. Developing and implementing new business models in practice, however, is difficult and fraught with risk. This paper discusses a systematic approach to developing new business models and identifies concrete steps to reduce the risks associated with them. It draws on literature on elements of the process as well as experience developing and implementing new business models at Goodyear.
FEATURE ARTICLE
A systematic approach to business model innovation can help capture value and reduce risks
KEYWORDS: Business model innovation; Adoption risks; Co-innovation risks; Business model canvas
Business model innovation has gained increased attention over the last five years, driven in large part by the tremendous returns generated by companies that have developed new business models--Netflix, Dell, and the Apple iTunes store are the most frequently noted examples. The term itself, however, has been only vaguely defined. Keeley and coauthors (2013), for example, characterize business model innovation by the number of attributes of a business that are changed, while Osterwalder and Pigneur (2010) define a business model in terms of a completed canvas. The vagueness of these representations makes it hard to study (or even to discuss) the process of developing a successful business model to harvest value from innovation.
The concept of the business model is actually simple: the business model is the means by which a firm creates and sustains margins or growth. The business model, defined in this way, is inherently embedded in a firm's competitive environment: the ability to create margins and growth is dependent on what competitors are doing to create margins and growth for themselves. The business model is not simply the means by which a firm creates and captures customer value. Focusing on creating customer value without regard to competitive advantage will leave a firm vulnerable to both margin erosion and anemic growth. Because the competitive environment is forever changing, business models require constant vigilance; they must be adapted and strengthened over time as the competitive environment evolves.
Business model innovation, in this context, is any innovation that creates a new market or disrupts the competitive advantage of key competitors. Business model innovation is confused in many discussions with building new capabilities (for instance, a new channel). This may or may not be business model innovation: while business model innovation may require new capabilities, new capabilities will constitute business model innovation only when they significantly disrupt the competitive dynamics of an industry. A few common examples of business model innovation make this distinction clear:
* Dell: Dell disrupted the cost structure of the personal computer industry with its build-to-order model by eliminating the costs of retail outlets, which rad.
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