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

The BMI Lab Blog

2005) that the ´failure to adequately define the market is a key factor associated with venture failure´, we identify the definition of the target customer as one central dimension in designing a new business model. 2008), or, more simply, the value proposition (Teece 2010). Thus, it should answer the question ´Who is the customer?´

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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 same was true for the rocket industry itself which wasn’t getting cheaper as you’d expect but rather stagnant in cost and technology. Decreasing cost and increasing turnaround time.

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Disruptive Innovation: Drones

Collective Innovation

The story of drones is much like the story of any other disruptive innovation. By the late ’90s the technology had advanced quite a bit to see the development of the Predator Drone which was able to fly extremely long distances remotely piloted via satellite link. It makes greater sense to outsource to third parties.

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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. I quote “I’d say Amazon are “ asset heavy ” whereas Alibaba remains “asset light”.

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Generation (I)nnovation: Why Today's Teens Instinctively Understand Disruption

Mills-Scofield

I am honored to host Whitney Johnson's post as part of the launch of her new book, Disrupt Yourself: Putting the Power of Disruptive Innovation to Work. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~. The abysmal job market for teens is forcing many of them to think differently about work.

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Strategic Planning Questions – 5 Things Can Amazon Teach You about Strategy

BrainZooming

Inspired by an article in The Wall Street Journal by professor Scott Galloway, they lay out five strategic imperatives Amazon uses to disrupt markets and grow. Does your organization know the enduring wants in your market for the foreseeable future? ” Via Shutterstock. The Amazon Strategy DNA.

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A brief history of work, innovation and skills in the UK

Wazoku

Advances in mechanisation, mass production and, more recently, technology have shaped where and how we work, as well as what we produce. A new era of work and technological change. New technology in the home made it easier for women to do paid work, relieving them of time-consuming housework.