September 2010 Blog Posts (10)

Understanding and defining the value proposition

One of the most important elements of the business model is the value proposition. But while we intuitively all know what it means, writing it down for a concrete case can be a challenging and confusing exercise. So I decided to do some research to get some advice and ideas on this. Surprisingly, while value propositions are widely discussed, I found it hard to find literature discussing more in depth what a value proposition actually is. Most interestingly, the most prominent hit is Kaplan and… Continue

Added by Erwin Fielt on September 29, 2010 at 5:00am — 2 Comments

eliminating waste

One of the core purposes of business model innovation is eliminating waste. Many times, old way of doing things become no longer valid as the environment changes. By relocating the resources to places, we can optimize the balance between effectiveness and efficiency to maximize the value creation.

Added by Ting Cai on September 26, 2010 at 5:36pm — No Comments

Life mimicking video games - EA's business model innovation

It's Saturday morning here in ottawa, and I am having my coffee and watching English Premiere League soccer and was struck by an interesting business model innovation in which life (i.e. sports) has begun to imitate video games.


I recognized the style of graphics that were being used for score, statistics and information about the game; they resembled the style used in Electronic Arts FIFA Soccer franchise video games. Then I noticed the EA logo being displayed in the…
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Added by Mike Lachapelle on September 25, 2010 at 4:12pm — 1 Comment

Getting at the Key Drivers in a Business Model

I have found over 20 years that the best way to get at the key drivers in any business model is to complete a strategic deep dive. The process generally looks like this:

  • Fact based analysis of past, current and expected performance in the context of a company's strategy relative to its competitors
  • Leverages and builds on extensive knowledge held by customers, employees, suppliers and advisors
  • “Cuts through” to get at the most important business…
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Added by Hugh Johnston CA CMC on September 23, 2010 at 6:46pm — 2 Comments

Crossing hemispheres

Lateral thinking


Complex systems serving the thousands and volume operations serving in the billions.


Thinking in sets.


Products and Services


Organisations are either right or left hand dominant.


Can't be ambidextrous.


Operate the complex and volume architectures as stand alone stovepipes.


Pick one for your…
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Added by Chris Mesenburg on September 18, 2010 at 1:57pm — No Comments

Business model shift or drift?

It has been recognized that business models need to be adaptive and may change incrementally or radically, in particular in the early stages of a new venture, and need to be transformed when faced with disruptive innovations or changes in the environment.



However, how would one differentiate between the need to change the business model and the fact that often events take their own way and start drifting?And how to make a choice between sticking to the initial model or committing… Continue

Added by Erwin Fielt on September 11, 2010 at 6:26am — No Comments

TOP 5 BESTSELLING INNOVATIONS

Hi,
I'm currently doing research on bestselling innovations (Blue Ocean/Disruptive Innovation products and services) and I'm interested in hearing what you consider to be "Top 5 Bestselling Innovations."

My questions are as follows:

* What are 5 products/services that you regard as "bestselling innovations"?

* What do the products/services have in common?


Thanks in advance.

And best regards,
Rod.

Added by Rod on September 9, 2010 at 10:57pm — 3 Comments

Top 50 Blogs on Business Model Innovation

I compiled a list of TOP 11 Blogs on Business Model Innovation. Please send me additional blogs. I like to compile a list of the TOP 50 Blogs. Thank you. Ludwig

Added by Ludwig Lingg on September 5, 2010 at 8:38pm — 7 Comments

Marketing Communications Is THE Business Function that Delivers Customer Value

Mike Moran, in his book, "Do It Wrong Quickly - How the Web Changes the Old Marketing Rules" puts it plainly in his title of chapter three, Marketing is a Conversation.


Likewise, Joseph Jaffe, in his book, "Join the Conversation - How to Engage Marketing-Weary Consumers with the Power of Community, Dialogue, and Partnership" says as much with the title of his chapter three, Can Marketing Be a…
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Added by Mike Brlecic on September 2, 2010 at 8:43am — No Comments

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