Section » Business Model Innovation

Escaping the Commodity Trap

Escaping the Commodity Trap

By • on April 25, 2017

The Garwood Center for Corporate Innovation posted a blog which noted that the amount of time a product lasts in the market before a new and improved one takes its place is shrinking. As a result, even successful products can expect to enjoy an advantage in the market for a shorter time than in the past. Companies need services to grow and develop competitive

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A Dynamic Business Model Framework

A Dynamic Business Model Framework

By • on April 19, 2017

A post on the Blog of the Garwood Center for Corporate Innovation discussed different types of business models: “Mom and Pop” operations; organizations such as newly entering companies differentiated based on higher performance; companies with good product and process technologies such as

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How to Connect IP Management to Open Innovation

How to Connect IP Management to Open Innovation

By • on April 13, 2017

The Garwood Center for Corporate Innovation posted an article which noted that in the earliest phase of the technology lifecycle, it pays to be very open. As the dominant design emerges, tightening the protection for one’s ideas becomes very important. Managing internal and external innovations and

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Opening Your Innovation Processes

Opening Your Innovation Processes

By • on March 16, 2017

A blog on the Garwood Center for Corporate Innovation website noted that whether you are in a large organization or a small one, chances are you need to open up your innovation processes.  But in order to do this effectively, you must connect your business model to your innovation process.  Companies

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Evaluating Your Business Model

Evaluating Your Business Model

By • on March 2, 2017

A new post on the Blog of the Garwood Center for Corporate Innovation noted that large companies tend to consider new products and services through the lens of their current business model.  For projects that align well with the current business model, this works well.  Venture Capitalists do not have

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Overcoming the Corporate Immune System

Overcoming the Corporate Immune System

By • on January 24, 2017

The SAP website noted that business model innovation is a real challenge for larger organizations because they generally have one or more viable models and are therefore focused primarily on economies of scale for them. This protects and optimizes existing business models, but it also leads to structures,

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Hard Truth About Business Model Innovation

Hard Truth About Business Model Innovation

By • on December 10, 2016

The website Safairbooksonline posted a summary of the new book “The Hard Truth About Business Model Innovation” by Clayton M. Christensen, Emily Snyder, Derek van Bever and Thomas Bartman. The authors describe the development of a business model across time as a journey whose progress and

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Companies Waking Up To Business Model Innovation

Companies Waking Up To Business Model Innovation

By • on September 8, 2016

The Strategyzer website posted an article which noted that 16 years since the release of the Business Model Canvas, companies are slowly waking up the importance of business model innovation. Business Model Canvas author Alex Osterwalder reflects on the journey and offers concrete advice for what companies

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How Amazon Innovates to Stay a Step Ahead

How Amazon Innovates to Stay a Step Ahead

By • on August 13, 2016

The Business.com website noted that over time, companies that fail to reinvent their business models to challenge outmoded assumptions about their businesses, renew their customer value propositions and change the competitive dynamics of their industries in their favor can quickly become vulnerable to

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Turning Your Innovative Ideas Into Business

Turning Your Innovative Ideas Into Business

By • on April 22, 2016

The MalayMailOnline website noted that Steve Blank said when he elaborates the difference between Business Plan and Business Models, “no business plan survives first contact with the customer.” While business planning is about making assumptions and hypotheses, a business model is designing and

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