Why It’s Time to Disrupt Old Business Models
An article on the GreenBiz website notes that it’s a hard sell to convince a CEO to change a business model based on threats or opportunities that have not yet materialized. Innovation, therefore, often remains piecemeal or incremental, rather than transformational, fundamental and system-wide. But as global trends — environmental, social,
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20 Business Model Innovations
The Eco-Business website noted that the idea of business model innovation—that a company could launch a new business model never conceived of before, or transform an existing business model—has long captivated business leaders. And yet, executives are often held back by vested interests in their
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The Economics Of Open Source
An article on the Tech Crunch website reported that the success of technology companies using open source, and the apparent failure of open source is a head scratcher. Yet both are true, but not for the reasons some would have you believe. The success or failure of open source is not the software
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Soft Underbelly of Business Model Innovation
The Center for Service Innovation website noted that in spite of more than a decade’s interest in business models and the innovation, their specific leadership and organization design challenges are only beginning to be understood. What is specific about these challenges is that top-management needs
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Amazon Innovates With Its Business Model
The Wired website noted that the essence of business model innovation (BMI) is not a new concept. Indeed, creating disruptive new business models is at the heart of many entrepreneurial start-ups. However, in most large companies and corporations, business models take a back seat to brands. BMI should
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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.
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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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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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