***

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 Lean Startup Project for an FM Radio Station in Sierra Leone, West Africa

*** Trickle-up Development is being practiced in Sierra Leone, a small country in West Africa that was ravaged by years of a brutal civil war. Once recognized by its brand in Leonardo di Caprio’s film, “Blood Diamonds,” Sierra Leone is increasingly being noted for prodigious inventions by high school students taking part in the “Innovate Salone” program. …

 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…

It is possible to design a more general business model for an organization and also specific business models for each business or client segment within that same organization. Both models not only should coexist but they should also be highly connected. Sometimes it is useful to start with the development of the more general model and then drill down to the more specific business models. Sometimes the opposite works better. The difficult part, in my opinion, is the link between models. The…

Recently the mobile phone company has announced a £50m investment in transforming its service model into a device oriented model. As a case study I have mapped out the model to see how the change to its value proposition impacted other aspects of the model. I also used the business model environment diagram to illustrate the forces at work. I aim to contrast this model with a small local grocery store that tweaked aspects of its business model rather than created an entirely new or…

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…

http://www.plantescompany.com/blog/business-model-innovation-best-practices/business-model-innovation-involving-toilets-yes-toilets/

http://www.plantescompany.com/blog/comments-on-current-business-news/in-amazon-vs-netflix-war-amazon-wins-the-battle-for-satisfied-customers/

There is much talk of business needing to become more sustainable, in the face of an increasing number of challenges, including climate change, peak oil, new legislation, reputational risk, and increasing costs. That companies need to change is no longer the debate, but there is a need to understand (in easy terms) what businesses could be doing and how this action will deliver sustainable business success, as well as helping to save the planet.

The Global Research…

Google needs no introduction. We know that Google is a search engine giant and makes tons of money. Google achieved Blue Ocean Success by developing and executing a highly innovative business model.



But, how does Google's business model look? How does Google's business model work? How can one analyze Google's business model with a view to innovatively disrupting it?



To answer the above questions, see the presentation below: …

The late Steve Jobs was a genius at many things. For me, Jobs most enviable quality was his gift of deeply knowing people especially prospective customers. I believe that this quality of deeply knowing and emotionally connecting with people is at the heart of the phenomenal success of Jobs’s product portfolio at Apple. Just consider the Blue Ocean success of the following products: Apple II; Macintosh; iPod; iTunes; Apple Store; iPhone; App Store;…