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Summaries of the 50 Best Business Books

Destination Innovation

Would you like to have read the best 50 books on sales, marketing, leadership, innovation, entrepreneurship and self-improvement? Just imagine all the insights and lessons you would have learned and how that would have helped you in your business career. But how much time would it have taken?

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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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Business Model Innovation Basics Series - Part 2: Why Business Model Innovation Matters

The BMI Lab Blog

However, a business model shouldn’t be innovated or improved ad-hoc in a “one-and-done” fashion – instead due to its importance and the dynamic changing market conditions it should be updated and checked continuously on a regular basis. This figure shows how competitive advantage is generated over a market lifecycle.

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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. It was attractively priced and scooped the market.

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How to spend $200+ Billion for a Train Wreck

Mills-Scofield

2002: AT&T sells AT&T Broadband to Comcast for $47.5B 2015: AT&T buys DirecTV for $49B. It led to a lot of spending with little success: 1999: AT&T pays $44B to buy the cable company TCI, creating AT&T Broadband. after having invested about $58B more for a total of $102B in AT&T Broadband.

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Innovation Networks – Needed Now More Than Ever

The Inovo Group

A large, multinational company with several different business divisions, globally dispersed R&D and marketing operations, and a moderately hierarchical but highly matrixed reporting structure has a financial imperative to meet growth and profitability expectations. Norton & Company; May 2002. and McDermott, R.; Buchanen, M.

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Elon Musk – Serial Entrepreneur and founder of Tesla Motors and SpaceX

Destination Innovation

It became PayPal and he held 11% of the stock when it was sold to eBay in 2002 for $1.5B. In 2004 Musk had helped fund the start-up Tesla Motors in order to produce mass market electric cars. He has funded development of the idea and in 2015 he announced a competition for designs for a Hyperloop pod prototype.