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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. 2008), or, more simply, the value proposition (Teece 2010). According to the degree of innovation, innovations can be divided into evolutionary and disruptive innovations.

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Disruptive Innovation: SpaceX

Collective Innovation

Given the huge cost and risk of entering rocket manufacturing it makes sense that so few companies dared to enter the market. The disruptive nature of SpaceX is firmly rooted in cost and re-usability. In order for a new company or product to be disruptive it almost always needs two or more of the following attributes: Saves money.

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The New Game Or Is It? Asset Orchestration

Paul Hobcraft

They might be operating at the two ends of the current internet trading spectrum and are coming from different market maturity positions but it is the asset management that is becoming critical for delivering the profit or dragging performance. One highly relevant observation.

Resources 158
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Disruptive Innovation: Drones

Collective Innovation

The story of drones is much like the story of any other disruptive innovation. As with all disruptive innovations if you walked into a store and bought a $60 drone the technology and cost of that would have been astronomical 15 years ago, perhaps hundreds of thousands of dollars to build.

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Can creativity and innovation be managed?

hackerearth

Can innovation be managed like a business process? Does “managing” innovation limit creativity, thus stifling innovative ideas? Many of the world’s leading innovative companies have been able to strike the right balance between fostering creativity and effectively managing innovation. Why manage innovation?

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Understand Trends, Identify Strategic Fields of Innovation and Create something entirely New

ITONICS

Evolving markets, new demands, standards, and values, as well as ever shorter product life cycles, require a high level of adaptability on the part of the companies. However, given the complexity and the fast pace of their market environment, companies are in many cases no longer able to understand it in sufficient detail.

Trends 48
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Chief Digital Officer - To have or not to have

hackerearth

Today, companies are trying to deal with huge amounts of data, lots of tech advances, and disruptive business models in a highly competitive environment, and the thought cloud has just about burst! Control” of the journey by implementing proactive risk management, deciding on interventions, and engaging in people management.

CTO 56