Section » Business Model Innovation
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. Your company may be at similar risk if you find
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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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How to Connect IP Management to Open Innovation
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
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
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
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
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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