All Blog Posts (586)

How established companies design and implement new business models

Hi BMGEN Community. I recently completed a research project on how established companies design and implement new business models. You can download the results at www.sniukas.com/dba

Added by Marc Sniukas on January 24, 2016 at 1:16pm — No Comments

Customer's Participation is essential in Branding

Digital Branding is all about active users, from integration to Accessibility and connectivity. With that in mind, it will be without litigation to conclude that creating a "participation platform" where customers can co-create and operate with choiced brand/company will increase brand image retention, promotes company's image and encourage customer engagement. 

The simple model of engaging customers/clients to participate in a company's image/digital structure creates a unique sense…

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Added by Charles Ayo-popoola on December 22, 2015 at 9:43pm — No Comments

Don't let the Canvas limit your business model thinking

How to model Uber in the BMG Canvas?  Shouldn't the key activities and resources of the Uber driver, e.g. driving and a car, be included too! And what about a strategic partner? Shouldn't their key activities and resources be included too? See for some more detail on these ideas: http://fieltnotes.blogspot.com.au/2010/12/extended-business-model-canvas-for-co.html

Added by Erwin Fielt on October 23, 2015 at 8:26am — No Comments

[German] first skatch of my thesis

2015-08-17-ba%20konzept.pdf

Added by Jonathan Uhmann on August 30, 2015 at 8:31am — No Comments

The 92% – how to support them?

In Europe we have 21.6 million companies. Around 92% of them are micro-companies. However, they account for only around 29% of employment and 22% of revenue.[1]

In total numbers this equates to around 20 million enterprises with a total of 38.6…

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Added by Jonathan Uhmann on August 29, 2015 at 11:30am — No Comments

How Knowledge Base Software Can Improve Customer Self-Service

When thinking about the benefits of investing in knowledge base software, it’s easy to focus too closely on the advantages of having an internal knowledge base to better support employees in doing their jobs. Indeed these benefits are many: knowledge base software can lead to consistency and accuracy in daily operations, reduced training time, better collaboration, and improved problem-solving, to name just a few.

Many companies are also experiencing significant …

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Added by David Miller on August 18, 2015 at 12:16pm — No Comments

THE AMBIDEXTERITY PRINCIPLE: How Every Great Leader, Strategist, and Team Creates Win-Win Solutions

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“Human progress greatly depends on our ability to create and adopt win-win solutions.” Rod King

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Harry S. Truman, the 33rd President of the United States, once said:

 Give me a one-handed economist! All my economists say, ''On the one hand, on the other [hand].''”

If I may literally interpret Truman’s quote, Truman was saying that economists tend to offer two unipolar solutions that…

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Added by Rod on August 7, 2015 at 7:00pm — No Comments

Made with Creative Commons: A book on open business models.

I’ve long been interested in the economics of abundance. Surprisingly there has been very little work done on modelling how businesses work in conditions of abundance rather than scarcity. In January 2015 I took the Business Model Canvas Workshop & Masterclass with Alex…

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Added by Paul Stacey on August 5, 2015 at 6:12pm — No Comments

6 Tips for an Eco-Friendly Business in 2015

Being a business owner is a privilege, but it is also a responsibility – both when it comes to your employees and when it comes to society in general. Building an eco-friendly business is one of the best ways to give back not only to society, but also to the planet itself.

How to do it, though? How to be more eco-friendly? How to run a genuinely environmentally friendly company? Read on and find out more!

Be Smart about the Location of Your…

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Added by Alexandrina Fischer on July 10, 2015 at 4:30pm — No Comments

A Simple Business Model Classification System for Every Industry on the Planet

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"There are three business model shapes in every industry on the planet." Rod King

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Millions of businesses and myriad business models exist in the world. However, every business or business model has one of three business model shapespipe, valley, or diamond. The graphic below presents a simple business model classification…

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Added by Rod on July 4, 2015 at 6:00pm — No Comments

4Q-Business Model Strip: The DNA of a Faster, Simpler, and Scalable Business Modeling Tool

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"Simplicity is the ultimate sophistication." Leonardo da Vinci

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Of all strategies for business growth, the approach of creating game-changing business model innovation is widely acclaimed as the most profitable and defensible way of growing a business. Extraordinarily successful companies such as Google, Apple, Groupon, Uber, and Airbnb introduced game-changing business models in their industries. From my perspective,…

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Added by Rod on June 7, 2015 at 4:30pm — No Comments

Business Plan vs. Business Model vs. Strategy. Eliminate the Blah-Blah-Blah in Startups & Companies!

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"Strategically executing and pivoting while tactically experimenting with your business model is most likely to translate an explicit vision and business plan into reality." Rod King

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In the world of business today, there are 3 “Musketeer”-questions for which there seem to be a virtually infinite amount of answers or “Blah-Blah-Blah!” Entrepreneurs, strategists, investors, and educators alike are struggling to properly…

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Added by Rod on June 2, 2015 at 7:39pm — No Comments

Management by Business Models (MBM): A Better Way to Design, Analyze, and Manage Businesses

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"A business model describes the way a business sustainably makes profit." Rod King

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Throughout the decades, there have been myriad approaches for designing, analyzing, and managing businesses. One of the most popular and enduring approaches is "Management By Objectives (MBO)." Popularized by Peter Drucker in his 1954 book, "The Practice of Management," Management By Objectives refers to…

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Added by Rod on May 29, 2015 at 7:30pm — No Comments

Are All Ideas, Plans, and Visions Useless?

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"If you don't know where you are going, any road will get you there." Lewis Carroll

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A small but vocal group of consultants are spreading the idea that "ideas and plans are worthless." At best, these people are misguided.

To paraphrase, George Orwell in his classic book, "Animal Farm," I'd say: "All ideas are created equal but some are more equal than…

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Added by Rod on May 20, 2015 at 6:30pm — No Comments

drop shipping business

Have you ever read about a business model called drop shipping? If not yet you can read this post here that shows what is drop shipping in more detail. To make things easy for you, drop shipping is a way of selling items online via amazon, ebay, your own store or on any other places without the need for having your product on hand. Instead, third party drop shipping companies will…

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Added by Amin saleh on May 19, 2015 at 5:09pm — No Comments

Even if you own physical store at high street, still you should set-up online store

By studying customer’s buying behavior here I have concluded some points for all those people who have a well-established store at high street but not an ecommerce website. In this article I have explained how their investment for ecommerce store is worth. You can also get my thoughts…

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Added by Maulik Virparia on May 6, 2015 at 7:38am — No Comments

Business Model Strips for Customer Growth Hackers: A New Business Model Notation System

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“Customer Growth Hacking is at the heart of the Entrepreneurial Revolution (ER), the epicenter of which is in Silicon Valley.” Rod King

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First, let’s take a short quiz:

Who is a CUSTOMER GROWTH HACKER?

 1. Is (s)he someone making TRADITIONAL BUSINESS PLANNERS obsolete?

 2. Is (s)he someone making TRADITIONAL MARKETERS obsolete?

 3. Is (s)he someone making TRADITIONAL…

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Added by Rod on May 3, 2015 at 1:06am — No Comments

Customer Growth Hacking for Lean Startups: How Silicon Valley is Creating Billion Dollar $tartups

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Traditional Business Planning theories and tools are becoming obsolete. Traditional Business Planning theories and tools are not keeping pace with the high rate of change and innovation in the startup world. Many startups are no longer using traditional business plans. Many startups do not formally start with applying Porter's Competitive Strategy or Value Chain. For the many billion dollar startups that…

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Added by Rod on April 27, 2015 at 5:30pm — No Comments

Customer Growth Hacking (CGH): The First Thing You Need to Know

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The late Peter Drucker once said, "The purpose of business is to create and keep a customer." How wise!

And what a customer-centric presentation of a business's main goal especially for startups: create and keep customersBut, how can entrepreneurs as well as startups rapidly and inexpensively acquire, retain, and grow customers?

To answer the above question, this article introduces the concept…

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Added by Rod on April 23, 2015 at 7:30pm — No Comments

A Family Owned Business: How to Start Your Own Restaurant

Starting a family restaurant can be a wonderful way to bring your clan together. However, rush in without the right research and your venture could tear your family apart. Read on to discover how to launch a successful family restaurant.

 

Make a Plan

Gather your family members and make a plan for your business. Think carefully about the food you’ll serve and your preferred restaurant style. Consider the dishes you enjoy and the restaurants you frequent. If your…

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Added by pritam on April 17, 2015 at 11:00am — No Comments

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