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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. How do we make money in this business? What is the underlying economic logic that explains how we can deliver value to customers at an appropriate cost?” Magretta, 2002).

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How to Keep Innovating in an Economic Downturn

Innov8rs

Innov8rs | As we seem to heading towards economic downturn, leaders find themselves trying to reduce costs and foster growth at the same time. We have seen this happening during the last economic crisis, when merely 10% of companies performed better at the end of the crisis than they did before it.

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Top 10 yet2 Blog Posts of 2018

Yet2

Our team wrote a number of widely read blog posts in 2018, spanning the topics of artificial intelligence (AI) and machine learning, adjacency in tech scouting, startups and their comparative value proposition, anonymous searches in tech scouting and more. Tech Scouting Blog Posts. Here’s a recap of those blog posts.

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Innovating in an Economic Downturn

Innovators Alliance

We often jump to cost-cutting in an effort to preserve profits and cash flow. The logic is simple: we need to stay afloat. As a result, we focus internally, at the expense of forward-looking innovation. And its iPad was introduced during the 2008 downturn.

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Seven impacts Open Innovation can have on your bank!

mjvinnovation

We’ll talk more about that in this article. New technologies and new consumer behaviors are forcing banks to move. Those who best exploit Innovation are those who can compete and keep up. The 2008 financial crisis was decisive. Numerous experts point to the 2008 global financial crisis as an epicenter.

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The enemy is already within. The flood gates are open. Can GE recover?

Paul Hobcraft

Managing cash, balancing this out with your liabilities and obligations, knowing your market dynamics, and equally, having a good understanding of where the future growth lies, are all essential for managing any healthy business. These disciplines and skills burnish your reputation and are the bedrock of good corporate management.

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Great to Good Innovation

IdeaSpies

I’m going to talk about how, in the 21st Century, we need ‘Goodness’ more than ‘Greatness’ when it comes to innovation. The management consultant giant McKinsey and Co. We are familiar with all these inventions. Here is another question: Do you know who these people are? Yes, you read it right. And what they invented?