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

The BMI Lab Blog

In 1994 Peter Drucker defined business models as “stories that explain how enterprises work” and answer the age-old questions of Peter Drucker’s Theory of Business – “Who is the customer? 2008), or, more simply, the value proposition (Teece 2010). And what does the customer value? How do we make money in this business? Johnson, M.W.,

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PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

It’s not a coincidence that Stockholm’s Spotify suddenly sprouted up in 2008, among the ruins of music industry giants. By doing so, they created a space in the coming digital platform wars, where they will go head to head against enterprise cloud providers like Microsoft, IBM, Google, Apple, and Amazon.

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What is innovation management and why your organization needs it

hackerearth

Source: The Evolution of Innovation Management towards Contextual Innovation (2008). Looking at the table, you can see that “innovation management was also subject to innovation.” The innovation approaches of a time worked because of the prevailing societal, economic, and technological contexts in that period.

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What is innovation management and why your organization needs it

hackerearth

Source: The Evolution of Innovation Management towards Contextual Innovation (2008). Looking at the table, you can see that “innovation management was also subject to innovation.” The innovation approaches of a time worked because of the prevailing societal, economic, and technological contexts in that period.