Section » Business Model Innovation
The Three Most Innovative Companies of 2013
The Harvard Business Review noted that research shows that business model innovation is the ticket to explosive growth. More than half of the relatively recent companies that made it onto the Fortune 500 before their 25th birthday—including Amazon, Starbucks, and AutoNation—were business model innovators. It’s easy to get captivated by shiny
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Changing Business Models
The ABA Banking Journal website reported that more than nine out of ten U.S. companies are changing business models to meet customer demands, embrace and leverage disruptive technologies, and remain competitive in the global business landscape, according to KPMG LLP research. A survey of executives
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Business-to-Individual Business Models
A post on the Plantescompany website notes that dealing with the move from the Industrial Era to the Digital Era was tough for many companies. And now we are in the middle of yet another transformation of comparable magnitude. Today’s customers, clients and consumers are instrumented, interconnected,
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Innovate Your Business Model…or Die
The Money for Lunch website notes that one of the most daunting challenges facing today’s companies is the need to reinvent their entire business model rather than just a new product or service. After all, there’s no point in coming out with a newer and better CD when people no longer use them
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The Future of Corporate Innovation
The Huffington Post posted an article by Steve Blank on its website which noted that in 2012 he got together with Alexander Osterwalder, Henry Chesbrough and Andre Marquis to think about the Lean and the future of corporate innovation. They had some radical thoughts how companies were going to have
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Your Business Model Is Killing Innovation
An article on the Forbes website asked the question “How do you make an innovation focus work inside of an existing business model or models?” The answer the article gave: ” By merging ‘culture rules’ with ‘business model’.” The challenge for any business
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Take your Business Model to the Next Level
The Innovation Excellence website posted an article by Marc Snikunas which noted that Alexander Osterwalder and Yves Pigneur’s Business Model Canvas has become the standard tool for describing an organization’s business model. Yet, our understanding of business models has developed considerably
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Medtech Companies Need to Evolve Business Model
The Digital Journal reports that a move to value-based health care, tougher regulations and a lack of resources are challenging medtech companies to be more creative when developing new products and services, and to experiment with new business models. The move to value-based health care is making
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Smarter Ways to Bridge the Innovation Gap
The Irish Times posted an article which noted that innovation is an essential element for business development and success, but many innovations fail. The key reasons for such failures, according to Prof Oliver Gassmann – a leader in the area of open innovation – include overengineering, poor
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Wanted: Innovative Sustainable Business Models
The Guardian website noted that the promise of business-model innovation has long captivated the sustainability field, generating plenty of hype. But all the talk has yet to yield many real business-model changes. You might not know it to hear companies talk. Any business change can end up being classified
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