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

The BMI Lab Blog

However, very few managers are able to explain their company’s business model ad-hoc, and even fewer can define what a business model actually is in general. Magretta, 2002). WHO – Every business model serves a certain customer group (Chesbrough and Rosenbloom 2002; Hamel 2000). Magretta 2002).

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Open Strategy: Mastering Disruption From Outside The C-Suite

Innov8rs

Innov8rs | Making strategy behind closed doors is a prescription for failure when disruptions are coming from all directions. Strategy is often made by elite teams and can thus be limited by their biases about competitors, customer needs, and market forces. Formulating and executing a sound organizational strategy is complex.

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Spotting Innovation Opportunities

ITONICS

Disruptive technologies or innovations boost new business models that change the game of existing industries like the space industry (SpaceX), the music industry (Spotify), the film industry (Netflix) or the banking sector (FinTechs), just to name a few. Is there a pattern for disruption & breakthroughs?

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Digital transformation examples

Board of Innovation

Both how to interact and engage with customers as for how to operate and manage your resources. 2 Reasons: to accelerate the market and to make their technology the standard. Traditional (industrial) corporates feel the pressure to rethink their business models. In order to do so, the whole organization has to evolve.

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How Apple created two giants

Matthew Griffin

To understand Samsung’s rise to dominance we have to go back to the turn of the new millennium when Apple released their first generation iPod in 2001, quickly followed by the iTunes store in 2002. No other metric more important to an organisation than its profitability.

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What do you need to innovate?

David Marks

When Amazon Web Services (AWS) was introduced back in 2002, Amazon was a fledgling web retailer mainly known for selling books cheaply. Being attuned to the market, Amazon had the rare insight to respond to the growing need in flexible computing memory and power. (At Amazon experimented and adapted the product based on market input.

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What do you need to innovate?

David Marks

When Amazon Web Services (AWS) was introduced back in 2002, Amazon was a fledgling web retailer mainly known for selling books cheaply. Being attuned to the market, Amazon had the rare insight to respond to the growing need in flexible computing memory and power. (At Amazon experimented and adapted the product based on market input.