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6 Ways to Reinvent Your  Business Model

6 Ways to Reinvent Your Business Model

By • on February 15, 2019

The Irish Tech News website noted that in 2019, technology has evolved so much that it’s very much a case of adapt or die for all businesses. If you feel as though yours has fallen by the wayside recently and has failed to keep up with changing markets and consumer tastes, it might be time for a reinvention of your business model. Your business model

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Developing New Open Business Models

Developing New Open Business Models

By • on February 11, 2019

The Sage Publication website reported on a study which noted that companies can create value by effectively applying and managing open business models. The study used examples from Unilever to show how a firm can combine and integrate its assets, capabilities and skills with those of its partners to

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5 Trends Transforming Digital and IT Operations Management

5 Trends Transforming Digital and IT Operations Management

By • on January 11, 2019

The DevOps website reported that in 2018, digital transformation ushered in a radical shift in how enterprises harness customer insights, technology capabilities and rapid experimentation to drive revenue growth, profitability and market leadership. Enterprises spent $1.3 trillion in 2018 on digital

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Deloitte Digital: “We’re Setting The Tone For The Future”

Deloitte Digital: “We’re Setting The Tone For The Future”

By • on January 2, 2019

The AdExchange website posted an interview with Andy Main, head of Deloitte Digital, which describes itself as a “creative digital consultancy.” Main outlined what that meant:  “When we started, we were focused on helping businesses compete on customer experience and customer relationships. A

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Developing Sustainable and Scalable Business Models

Developing Sustainable and Scalable Business Models

By • on December 6, 2018

The City University of London website noted that a significant emerging trend is the increasing adoption of a ‘portfolio’ of business models to maximize revenue generation; this study identified at least four distinctive variants. First, the market portfolio, when some firms simultaneously deploy

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3 Business Models That Could Bring Million-Dollar Cures to Everyone

3 Business Models That Could Bring Million-Dollar Cures to Everyone

By • on November 15, 2018

The Harvard Business Review website noted that product classes with fundamentally new performance profiles can’t be dropped into an existing business model and expected to work. The business model — how value is created, captured, and delivered — needs to be reinvented to support the new proposition. It’s

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The Reinvention of NASA

The Reinvention of NASA

By • on May 2, 2018

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

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Shenzhen, China: The next Silicon Valley?

Shenzhen, China: The next Silicon Valley?

By • on April 5, 2018

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

Henry Chesbrough on Barriers, Success Stories, and Business Unit Support

By • on March 11, 2018

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

Revolutionary Leadership Ideas

By • on March 1, 2018

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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