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New Approaches to Business Model Innovation

The Garage Group
The Garage Group
The Garage GroupCofounder at The Garage Group

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.

New Approaches to Business Model Innovation

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New ApproachesPDMA Innovation Forum | 06.07.13
Business Model Innovation
What is
Business Model
Innovation?
Adapt how you
Create, Deliver & Capture
value
Enabler to staying
Customer/Consumer
relevant
New kind of
strategy firm
Building entrepreneurial
processes and capabilities
for innovation
Clients...
Consumer
packaged goods
Food & beverage
Retailers
Healthcare
Insurance
Commercial service
providers
Ad

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