"@ Praveen, @Mike: Thanks for sharing.
The only thing that I might add is that HBS approach can also be described as an "Outside-In Approach" to business innovation while MIT uses an "Inside-Out Approach" that is driven by…"
Given the nature of these two schools it is not hard to contemplate why their 'seed' approaches would be different; one on the traditional business school driver of customer pain, the other building around technology innovation.…"
Very Interesting to note the different approaches taken by HBS & MIT to Entrepreneurship. HBS -> Identify a Pain Point -> Generate a Solution -> Monetize the solution MIT -> Develop a technology -> Identify Applications -> Select a Go-To-Market Strategy Where does the Business Model Generation fit into these two paths? Source: http://blog.hbs.edu/hbsinov8/?p=399See More
"One of the problems with Google's approach is that the value proposition of its advertising model fails to add authentic value for users of its devices. Apple is able to offer value to users in a number of different ways because, as you…"
"It works this way.
Apple: started from Hardware + Software => iTunes store => apps, content, media...
Google: started from Search engine-Software => Google Market/ Android Market, Chrome, Chrome OS => hardware
"Couldn't agree more with your analisys... "Deja vu" with some crucial differences:
- Google does NOT rely on either HW nor SW as a relevant revenue stream... both MS and Apple did/do;
- Apple's closed platform approach is a…"
Hi Praveen! Sorry for the delay in answering.. I´ve been working and planning an open business model for the company I work in. I´ve just finished the 3rd chunk. I liked very much. Now I´m starting the 4th. And you? How are you doing?