7 Principles of Complete Co-creation

7 Principles of Complete Co-creation

By • on November 2, 2018

The YourStory website noted that traditional top-down business models based on knowledge dominance and mass-market approaches are under pressure from more open, collaborative models that directly and continuously involve customers. In a fast-moving global economy where customers are more digitally connected, informed and empowered than ever before,

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Decoding the Digital BLUR

Decoding the Digital BLUR

By • on June 18, 2018

The ETCIO website noted that in the industrial age, the emphasis is about the product. In the digital age, it’s about creating experiences. In the industrial age, power is derived from authority. In the digital age, power comes from the influence you have in the market or the community that you built

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Open Innovation: 2 approaches towards value creation

Open Innovation: 2 approaches towards value creation

By • on November 23, 2016

The Imaginatik website noted that Open Innovation is designed to engage folks “out in the world” in a way that adds value to everyone involved. There are two approaches to do so: 1. Exploit OI as a challenge – engaging with folks “out there” of relevance to your operations “within your organizational

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Turning Your Innovative Ideas Into Business

Turning Your Innovative Ideas Into Business

By • on April 22, 2016

The MalayMailOnline website noted that Steve Blank said when he elaborates the difference between Business Plan and Business Models, “no business plan survives first contact with the customer.” While business planning is about making assumptions and hypotheses, a business model is designing and

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The Future: Share with Your Customers

The Future: Share with Your Customers

By • on May 20, 2015

The Venturebeat website reported that according to recent research by OpenMatters and Wharton Business School, companies that share insights and economics and co-create with their network of customers, employees, investors, retailers, and suppliers are worth 2-4 times more than companies with other business

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Business Model Innovation

Business Model Innovation

By • on March 17, 2015

The Business 2 Community website noted that innovation at the level of the business model is innovation that helps create new markets and value networks, eventually displacing existing markets and value networks. This transformation has traditionally taken many years to play out but that is changing,

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