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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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Continuing the Energy Transition Journey

Paul Hobcraft

Everywhere you turn, you stumble across reports on one aspect or another of the energy transformation we are undertaking. Technology innovation, suggested new business models, outline proposals for changing policies, processes, and market design all are being “sketched out.” The Grid Edge solutions are on the rise.

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The Arrival and Potential of Knowledge Graphs into Our World

Paul Hobcraft

If only we can get them prised out of the engineer, data scientists, or software experts hands. We simply should so we can get this concept fully out into the real world, that of applying as solutions to real client problems, it would really help. We need to instill a sense of urgency into this. Why, well read on.

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Top funds for innovative ideas and startups: Asia — India

hackerearth

So many have gone down fighting and disillusioned—clamoring for funds to take novel ideas to market or trying to get significant commercial returns from the millions already invested in research. Source: Stanford Social Innovation Review. It is an autonomous body of the Department of Science and Technology (DST). Part 1: India.

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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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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

This article first appeared on the Harvard Business Review blog. He sold off slower-growth, low-tech, and nonindustrial businesses — financial services, media, entertainment, plastics, and appliances. We need to make some major changes with urgency and a depth of purpose. Jeff Immelt ran GE for 16 years. of the company.

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Four Innovation Paradoxes driving disruption

Innovation 360 Group

There are a number of well-documented key drivers for innovation and global disruption, as discussed in this blog. New entrants create new markets and destroy established markets. People from all over the world are competing in the talent market. Companies are born and cooperate globally in networks.