Section » Business Model Innovation

Finding Opportunities in Business Model Innovation

Finding Opportunities in Business Model Innovation

By • on September 26, 2011

An article in the European Business Review reports that even as incumbents cling to business models that are under pressure, rapid growth is captured by organizations which develop new models . It is a truism in organizations that it is often easier to punish sins of commission than of omission.  Proactive actions that lead to disappointment are

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Open Innovation in the Pharmaceutical Industry

Open Innovation in the Pharmaceutical Industry

By • on September 21, 2011

The International Federation of Pharmaceutical Manufacturers and Associations website reports on a conference on open innovation in pharmaceuticals.  The importance of intellectual property, as a crucial incentive for innovation, was emphasized by all the participating industry sectors, but the key

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Dubai Seminar on Business Model Innovation

Dubai Seminar on Business Model Innovation

By • on September 5, 2011

An article on the website AMEinfo.com reports on an August 16 seminar in Dubai  on Business Model Innovation (BMI). BMI refers to the creation or reinvention of a business. Though innovation is more often seen in the form of a new product or service offering, a business model innovation results in

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Develop a Strong Business Model Portfolio – Or Risk Kodak’s Fate

Develop a Strong Business Model Portfolio – Or Risk Kodak’s Fate

By • on August 30, 2011

In this article on the site Innovation Tools, Kay Plante asks “Do you have a strong portfolio of business models?” One business model that is currently succeeding isn’t enough. Most companies, except very small or simple ones, have or should have multiple business models, one for each

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Growing Clean Energy Through Business Model Innovation

Growing Clean Energy Through Business Model Innovation

By • on August 2, 2011

This article on the website “Solar Energy” notes that while  public policy and the media tend to target technological innovation as the key to addressing environment change and boosting clean energy, business enterprise design innovation provides a path to rapid deployment of current

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Creating Collaborative Business Models

Creating Collaborative Business Models

By • on July 28, 2011

A summary by Ian Pettigrew of the Corridor Connections event on Business Model Innovation held at the Manchester Digital Development Agency. The focus of Business Model Innovation at the event was meeting clients’  fundamental needs and creating value for the client  and not starting with making

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Video: Recognizing the Organizational Challenges to Business Model Innovation

Video: Recognizing the Organizational Challenges to Business Model Innovation

By • on June 24, 2011

Monitor Group’s Brian Quinn explains that business model innovation often requires disrupting a very sensitive function of the business—how it makes money. The risk of failure can also be a significant barrier to business model innovation, as can the fact that building a new business can

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General Mills: Open Innovation Will Move from One-to-one to ‘Many-to-many’

General Mills: Open Innovation Will Move from One-to-one to ‘Many-to-many’

By • on June 23, 2011

In her article on FoodNavigator-USA.com, Elaine Watson interviews General Mills senior director of connected innovation Jeff Bellairs on the company’s open innovation efforts. According to Bellairs, “I think a lot of companies dabble in open innovation, but you can’t do this with part-time staff.

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Video Recap: Stevens Institute of Technology 2011 Business Model Innovation Conference

Video Recap: Stevens Institute of Technology 2011 Business Model Innovation Conference

By • on June 17, 2011

Stevens alum Agnes Brenson from Engineering.com speaks with the industry leaders from the recent Business Model Innovation Conference on the Stevens campus. Please see the video included below. Image

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Open Innovation Modeling Using Game Theory

Open Innovation Modeling Using Game Theory

By • on June 3, 2011

In their article which appeared in the July 2011 issue of Academy of Information and Management Sciences Journal, authors Arben Asllani and Alireza Lari look at open innovation modeling using game theory. According to Asllani and Lari, “Game theory is useful tool for making decisions in cases where

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