Section » Business Model Innovation
The Reinvention of NASA
The Harvard Business Review reported that over the past few decades, not only has NASA delivered crucial technologies for society, such as water filtration systems, satellite-based search-and-rescue, and UV coating on eyeglasses, it has also evolved its dominant logic and business model. NASA has moved from being a hierarchical, closed system that
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Shenzhen, China: The next Silicon Valley?
The Information Age website reported that the telecommunications giant Huawei has committed $400 billion to R&D over the last ten years, and other companies are following this trend – placing the ethos of innovation at the heart of Shenzhen’s business and social culture. The organisation’s
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Henry Chesbrough on Barriers, Success Stories, and Business Unit Support
The Innovation Leader website posted an article in which Henry Chesbrough discusses why the “inside-out” approach is more challenging for most companies; how open innovation is being practiced at companies like Intel, Eli Lilly, Bayer, and United HealthCare; and some of the common barriers to making
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Revolutionary Leadership Ideas
The Forbes Magazine website posted an article, ” Seven Revolutionary Leadership Ideas that Will Change the Way You Run Your Organization.” One of them was from Henry Chesbrough: “Allow unused ideas and technologies to go outside your organization.” This allows you to undertake
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The Leap in Sustainable Value Creation
The BusinessGreen website posted an article which noted that there are very exciting new service-based models emerging. These occur where companies re-think who their target customer really is, and what value propositions would most effectively meet their requirements. By shifting from selling products
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5 Steps to Creative Business Model Innovation
The InsightsAssociation website noted that at some point every industry and every organization will face disruption. From retailers like Blockbuster and Borders Books to tech giants like Nokia and Blackberry, seemingly untouchable brands have been caught off guard by rapidly changing business landscapes.
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Coming Waves of Disruption
The Sys-Con Media website noted that big disruptions have upended markets for mobile handsets, personal computers, cameras, newspapers, books, magazines, music, broadcast television and so on — felling a long list of well-known companies along the way. The most viable response to such radical disruption,
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The Advance of Open Innovation
The SAP website posted an interview with Henry Chesbrough in which he outlined why firms need to experiment with new business models within and across company boundaries. He noted that companies get much more sustainable value if they focus on innovating the business models of their external collaborators.
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Escaping the Commodity Trap
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.
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A Dynamic Business Model Framework
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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