Remove 2002 Remove Industry Remove Technical Review Remove Technology
article thumbnail

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

The BMI Lab Blog

Magretta, 2002). WHO – Every business model serves a certain customer group (Chesbrough and Rosenbloom 2002; Hamel 2000). Magretta 2002). Moreover, emerging technologies or trends may change the market environment - a company may be forced to act reactively or may want to act proactively by adapting the existing business model.

article thumbnail

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

The BMI Lab Blog

You don’t need to “reinvent the wheel” for small but innovative changes in your business model, instead get inspired by existing concepts in other industries and apply them to your business model. Harvard Business Review. MIT Sloan Management Review. Harvard Business Review. Harvard Business Review, 80(5), 86–92, 133.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Wazoku

Advances in mechanisation, mass production and, more recently, technology have shaped where and how we work, as well as what we produce. 1945 – Producing skilled workers to rebuild after the war At the end of the Second World War, courses were again adapted to the needs of post-war reconstruction to provide training for the building industry.

article thumbnail

Innovation Networks – Needed Now More Than Ever

The Inovo Group

New technologies, tools and systems make innovation networks more possible and more influential than ever. To do this, you should be developing and supporting internal, knowledge-creating networks to participate in the transformational disruptions affecting every industry. an industry, an endeavor or an interest). Buchanen, M.

article thumbnail

How Apple created two giants

Matthew Griffin

The two primary methodologies organisations, analysts and Wall Street use to measure profitability are the Internal Rate of Return (IRR) and Rate of Return on Net Assets (RONA) because by describing profitability as ratios it allows us to neutralise differences and compare the profitability between different industries. mgriffin_uk . +44

article thumbnail

How the current patent system actually hurts innovation (and how patent trolls are being fought)

Idea to Value

Originally, patents had a simple purpose: By filing a patent, an inventor or company showed how their new technology worked, in exchange for legal protection for the duration of the patent. Does this system still work? This is why some companies prefer to not patent some of their most valuable secrets, like Coca-Cola’s recipe.

System 100