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How is AI transforming operations and business models?

The BMI Lab Blog

Artificial Intelligence (AI) has become a game-changer across industries, transforming how businesses operate. By leveraging machine learning algorithms, businesses unlock hidden patterns, correlations and trends, leading to sharper predictions and strategic decisions.

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How to develop innovative ideas together – online

The BMI Lab Blog

At the beginning of 2021, we are mostly used to the new digital reality, yet many still feel that online meetings might be appropriate for coordination but not suitable for ideation. Initiation Ideation Integration Implementation How do you organize a successful ideation session online?

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The new version of the BMI Pattern Cards is available now

The BMI Lab Blog

The BMI Pattern Cards are a truly valuable resource for every innovator. On April 2018 we have issued a new version, with updated descriptions, illustrations, and the addition of five new business model patterns. The BMI Pattern cards are the result of a several-years-long research taken by Prof.

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How to Properly Use BMI Pattern Cards

The BMI Lab Blog

Our team usually gets many questions about how to use BMI Pattern Cards. Basically, working with BMI Pattern Cards is a variant of brainstorming. The following additional advice should be taken into account when using BMI Pattern Cards in a workshop. No discussions.

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How to explore the full potential of digital transformation through innovative business models

The BMI Lab Blog

Yet, few established businesses seem to have a clear vision of how to best navigate the change brought about by digitization. Based on her insights, we explore how established companies can execute a digital transformation successfully – and what role business model innovation plays on this journey. What is digital transformation?

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Understanding business models through BMI patterns

The BMI Lab Blog

Understanding how businesses work is the first step to initiate any business model innovation process. For that purpose, we need some tools that help us to focus on what really matters and avoid cognitive traits and misunderstandings. In this post we would like to show a glimpse to BMI Lab´s method for business model innovation.

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Business Models – Definition and Reason

The BMI Lab Blog

But more often than not, that’s all you get and you’re left by to figure out how to do that on your own. This blog series was created to help guide you through that process in the context of IoT. Their needs and issues are at the basis of why and how your company works, otherwise there would be no one to pay you.