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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. The number of companies, which have established dedicated business model innovation units and processes is even lower. Magretta, 2002). Magretta 2002). Johnson, M.W.,

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Spotting Innovation Opportunities

ITONICS

When talking about innovation, existing companies should, therefore, be entitled to create those breakthroughs by themselves. The Innovator’s Dilemma. For this purpose, an integrated innovation management approach is more comprehensive than the conventional stage-gate process. They really have to mean it.