article thumbnail

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

The BMI Lab Blog

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). 2005), plus their orchestration in the focal firm’s internal value chain form the third dimension within the design of a new business model.

article thumbnail

How Business Travel Spurs Innovation

Michael Roberto

The scholars collected data from over 5,000 airports around the world over a ten-year period (2005-2015). Companies clearly have adopted a range of improved communication technologies since 2020, and managers have become more adept at using these technologies. Future research will help us answer that question.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Walmart: How an Innovator in Arkansas Continues to Change our World

IdeaScale

In the wake of Hurricane Katrina in 2005, an unlikely corporation spearheaded the relief effort. In 2005, the company’s CEO decided to set the company on a path to becoming completely green, with no waste and the stores running on renewable power. You may well be buying your solar power from Walmart without knowing it.

Change 113
article thumbnail

PLM Re-Birth at McDonald’s: How to Maximize Value in a Decentralized Organization

Innovation Excellence

[note these videos are from 2015]. McDonald’s, the world’s largest fast food restaurant chain, began its product lifecycle management (PLM) journey in 2005. Check out the video here. Daniela Ilieva is a Senior Manager, Oracle Practice & Alliance at Kalypso.

Video 52
article thumbnail

Innovation Lessons from the Master, Steve Jobs

Destination Innovation

The marriage of aesthetics and technology became his life-long obsession. In 2005 the iPod portable music player was Apple’s best-selling product. By 2015 iPhone sales were 63% of Apple’s turnover while the iPod was down to less than 1%. Steve Jobs was adopted at birth in 1955. He grew up in California.

article thumbnail

Top innovation funds for startups in Asia: Part 2

hackerearth

It was established in 2005 has funded over 300 companies (such as Alibaba, Didi, Meituan, and JD.com) with innovative business models or engaged in cutting-edge technologies. With the establishment of the SoftBank Vision Fund, we will be able to step up investments in technology companies globally. In 2015, China set up a $6.5

article thumbnail

#2,078 – China’s Weather Modification System

Greatest. Idea. Ever.

Although China ratified the treaty in 2005, its interest in controlling the weather and the environment didn’t wane. By 2015, there were rainmaking and hail-suppression programs in 30 Chinese provinces , employing some 35,000 people.” ” To me that’s not not something out of a cartoon.

System 69