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According to some Analysts, Google Glass – which currently is a prototype of a wearable (head-mounted) computer – could earn Google about $10 billion in 3 years, that is, over $3 billion a year! Buzz about Google Glass has dominated the technosphere and social media over the past few weeks. However, the Google-Glass Startup has not yet answered the Billion Dollar Question (BDQ): Will customers MASSIVELY adopt or reject Google Glass?

Opinions are split…

 A Universal Problem Solving (UPS) Worksheet for Lean Startup, Six Sigma, Lean Six Sigma, and Business Model ReInvention Projects

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The Lean Six Sigma Methodology is one of the most used and useful tools in business. Based on a combination of the Six Sigma methodology and Lean Thinking, Lean Six Sigma focuses on continuously increasing quality (Six Sigma) while continuously reducing waste (Lean Thinking). 



Lean…

Use the Business Model Canvas as a Universal Problem Solving (UPS) Tool

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“The Proficiency Pyramid for the Business Model Canvas has Bronze, Silver, and Gold Levels: respectively Business Model Innovation Level, Supply Chain Management Level, and Universal Problem Solving Level. Ninety-nine percent of practitioners including consultants remain at the Bronze (Business Model Innovation) Level. Why?” 



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We live in an…

Simply Audit, Improve, and Design Your Business Model Using 10 Blocks of Best-practice Outcomes and Goals

Organizations, which survive and prosper, increasingly display the attributes of the ideal organization. Organizations, which underperform or fail, widely depart from the outcomes, goals and business model of the ideal organization. But, what is an ideal organization?



The ideal organization is a theoretical concept and does not…

Every now and then, entrepreneurs in the “LeanStartupSphere” pop a question the essence of which is as follows: “Business Model Canvas (BMC) vs. Lean Canvas (LC): Which tool do you prefer to document, test, present, and manage your business model?” 



According to Ash Maurya, who adapted Alexander Osterwalder’s Business Model Canvas, to produce the Lean Canvas, his goal was to make the Business Model Canvas “as actionable as possible…

Wake up, wake up, wake up! The way, which many individuals and organizations solve problems, is way too slow. 



There’s a tsunami about to hit organizations, from startups through mid-size organizations to behemoths. It’s a universal approach for rapidly solving problems in organizations especially those under conditions of great uncertainty. The approach is being heralded by a strong integration of Alexander Osterwalder’s Business Model…

 Adaptively Discover, Grow, Defend, and/or Renew Profitable Business Models and Ecosystems

Today, business problems, opportunities, and risks are increasingly seen through the lens of a business model. Today, businesses and other organizations are abandoning Michael Porter’s concept of value chain and adopting the business model as the unit of business design, analysis, and planning. The ideas and principles of the value chain are still valid.…

While there are lots of great tools that support the business model canvas, there seems to be none that helps us to  get a feeling for the customer, his needs, pains  while defining the Customer Segments building block for the business model.

That's why I developed Personas for IPad, an app that will help you to iterate through your Customer Discovery process. State your customer hypothesis in a simple LeanUX…

There are multiple Business Model Canvas tools available:

1. Business Model Toolbox for iPad ($29.99)
2. Strategyzer ($14.99/month - $149.99/year with 2 free months)
3. Lienzo (Free for 1 canvas, $5/month for unlimited canvases)
4. Business…

reposted from the Explorics Blog

Note: Learn more about this at our upcoming webcast.

Living Lean Startup: Business Model Canvas

Thursday, May 10, 2012 at 2pm ET

Register here

Whether you are building a new business or planning the growth of an…

I have been using the canvas extensively and with improved understanding and success with my clients since I changed the layout of the canvas into the attached format (The canvas rearranged.pdf).

what value does this lay out bring to the table?

- 1 and foremost it shows in just a glimpse what is involved in…

The Toronto Zoo has created a program aimed at connecting corporate and government organizations with nature and the principle of environmental footprint. More importantly, the program can show them a business case for improving their bottom line through improving the efficiency and green-energy of their operations.

Read more about it here. Here's the canvas of…

As I was reading the Canvas chapter (my 1st read:), this morning, I made a note to myself to re-draw the canvas in 3-layers:

1. KP + KA/KR

2. VP + CH/CR + CS

3. CS + CR

I know, it wouldn't be a canvas any more (at least not a 2-D canvas ;), but it seems like a pretty nice way to stack-up those areas.

Just a thought...

Razvan:)

Can one use the Business Model Canvas like in the following tools and techniques:

* Balanced Scorecard

* Strategy Map

* Value…

If one looks at the global business landscape, there seems to be countless businesses and myriad business models. However, based on my research covering the last 50 years of breakthrough ideas in business strategy and innovation, there are only 5 archetypal winning strategies and business models.

The presentation below illustrates the 5 archetypal winning strategies and business models.

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We are at the cusp of a revolution in Business Model Development (BMD). In my adventure to find to a universal methodology for Customer Problem Solving, I've discovered a number of treasures including this group on Business Model Innovation (probably, over eighteen months ago). Alex Osterwalder's Business Model Canvas and his Business Model Generation book are wonderful and versatile tools. In my adventure, I've developed a visual ideas management…

I was relaxing at home recently and, in my usual channel flipping state of mind, came across the program Dragon's Den. For those of you not familiar with it; a group of venture capitalist investors (usually 3-4) form a panel and entrepreneurs are brought before them with their business ideas and products/services. If the 'contestants' are capable of convincing the VCs, they can walk away with some very serious funding. Apparently this show is done in a number of countries, I think having…

In my last Blog post, I was (and I continue) looking for some way of measuring "business value" for a Crown corporation at both the strategic (portfolio) and project levels of analysis.

I've found two articles that are, in my view, worth reading:

• Aligning IT Strategy with Business Strategy through the Balanced Scorecard…

My Innovator store has custom designs for innovators, strategic thinkers and business designers. New content will be added weekly! You can customize products for your own expression and product taste. Check it out! www.zazzle.com/clockart*

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