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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? How do we make money in this business? WHO – Every business model serves a certain customer group (Chesbrough and Rosenbloom 2002; Hamel 2000).

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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. We participated in conferences and client discussions recently where Amazon and its aspirations were an overwhelming focus. ” Via Shutterstock.

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Are Legacy Approaches to Talent Inhibiting Your Innovation Efforts?

Swarmvision

But, we argue, selecting talent for innovation requires a whole new approach. Innovation Talent Varies Widely in the Workforce For example, we studied a group of 250 employees in a leading industrial company. Core Technology (CT), the function most expected to deliver innovation, scored among the lowest on innovation skill.

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Racing Toward the Singularity: Earth's Final 35 Years with Human Beings (As We Know Them)

Legacy Innovation Group

Racing Toward the Singularity: Earth's Final 35 Years with Human Beings (As We Know Them). What we are talking about is the accelerating progression of eras anchored by their characteristic industrial revolutions. Lasting from around 1960 to around 2010, it had a run of approximately 50 years. Oct 13, 2016 | Anthony Mills.

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Digital Transformation: why be a data company

mjvinnovation

Developments that until recently seemed well consolidated are now modifying their performance in the market through data science. Let’s start by contextualizing the Digital Revolution, a term we are hearing more often lately. It refers to the rapid leap in information technology, from analog to digital. .

Data 40
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Can creativity and innovation be managed?

hackerearth

Samuel Palmisano, the former CEO of IBM, said, “We treat innovation as if it were magical, not subject to guidance or nurturing much less planning. If we study history, however, we know that’s simply untrue. Apple sold its factories and stopped investing in raw technology development. What are they doing differently?