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

The BMI Lab Blog

Learnings from sports competitions Competition in business is similar to sports competitions – there are winners and losers. It also explains why prominent firms, which have been known for their innovative products for years, suddenly lose their competitive advantage?

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Third Place and the Starbucks empire: the user experience at the heart of strategy

mjvinnovation

Starbucks has now incorporated this philosophy into its retail design and business strategy. Oldenburg saw these spaces shrink in the United States during the post-war decades, as residential areas – suburbs – became devoid of public meeting places, and lives became more competitive and private. What is the third place?

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Disrupting Markets – Why PayPal Is Worth More Than Ebay

Adam Hartung

And collectors as well as designers suddenly discovered all kinds of products they formerly could not find. in 2002 , in order to grease the wheels for faster ecommerce growth. eBay has run into stiff competition, as CraigsList has grown to take over the “garage sale” and small local business ecommerce.

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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. He has funded development of the idea and in 2015 he announced a competition for designs for a Hyperloop pod prototype. Zip2 was an early internet success and in 1999 he sold it to Compaq Computer Corporation for $330m.

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How Apple created two giants

Matthew Griffin

Many bystanders are more likely to view these two giants emergence onto the global stage as business evolution rather revolution and while Samsung declared their competitive intentions in 2008 Foxconn has only recently reached the starting line of its long journey. Beware of the lure of outsourcing.

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IA Summit 09 - Plenary

Boxes and Arrows

. | “Preview&# :[link] | “Keynote&# :[link] | Day 1 | Day 2 | Day 3 | Closing Plenary | The IA Summit Closing Plenary Jesse James Garrett is a noted figure in the IA community, not only for his ground breaking book Elements of User Experience, but for the essay that galvanized the community in 2002, “IA Recon&# :[link].

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What do you need to innovate?

David Marks

Technology leadership forges a competitive advantage. When Amazon Web Services (AWS) was introduced back in 2002, Amazon was a fledgling web retailer mainly known for selling books cheaply. An open culture encourages employees to share and develop new ideas. Efficient processes streamline ideas into products.