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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

Magretta, 2002). Alex Osterwalder defines a business model as “a set of assumptions or hypotheses” and Michael Lewis claims that “all it really meant was how you planned to make money” (Ovans, 2015). WHO – Every business model serves a certain customer group (Chesbrough and Rosenbloom 2002; Hamel 2000). Magretta 2002).

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Innovation Insights from Jeff Bezos and Amazon

Destination Innovation

Although its sales of new books were growing very healthily, in 2002 Amazon introduced a service whereby people could sell second-hand books through the company’s website. By 2015 Amazon Web Services was the world’s leading provider of Cloud infrastructure services. Disrupt your own business before someone else does.

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Innovation Networks – Needed Now More Than Ever

The Inovo Group

Today’s VUCA world (Volatile, Uncertain, Complex and Ambiguous) requires that companies form robust knowledge networks to have any real hope of delivering the innovations, especially transformational innovations, that are needed for the growth which they aspire to or to prevent disruption from new entrants. Norton & Company; May 2002.

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A brief history of work, innovation and skills in the UK

Wazoku

Driven by advancing technologies, accelerating connectivity, and changing attitudes towards employment, organisations are operating in a dynamic environment – one where fast-growing start-ups are disrupting traditional business models and AI is replacing human labour. The digital revolution. 2020 – THE FUTURE OF WORK ?

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Regulations Work – Applaud SOX and Dodd- Frank

Adam Hartung

Last week the National Association of Corporate Directors (NACD) pre-released some results of its 2015–2016 Public Company Governance Survey. As a result Congress passed the Sarbanes Oxley act in 2002 (SOX,) which greatly increased the duties of Board Directors – as well as penalties if they failed to meet their duties.

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