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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…

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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. …

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 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…

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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…

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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…

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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…

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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…

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 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.…

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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: …

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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;…

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Google. eBay. Amazon. And Facebook? These companies have been phenomenal business successes. But, how were they created? How are they managed? Can anyone systematically create a Google, an eBay, an Amazon, or a Facebook? Right now, it’s improbable. However, the odds for success are increasing.



In this posting, I briefly present my lens for looking at the black box of creating companies that achieve extraordinary disruptive innovation success. In storytelling or…

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

* Balanced Scorecard

* Strategy Map

* Value…

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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…

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Business Model Innovation is a relatively new concept. In the book, "Mastering the Hype Cycle," Jackie Fenn and Mark Raskino note that the term "business model" arose in the mid-1990s. The concept of business model has gone through three stages of the Hype Cycle: Technology Trigger; Peak of Inflated Expectations; Trough of Disillusionment. Business model and its associated concepts may now be on the "Slope of Enlightenment" and advancing towards the "Plateau of Profitability." This is good news… Continue

You've used the Business Model Canvas to prepare or document your innovative business model. So, what's the next step? In other words, what tools or methodologies should be applied after knowing and sharing ideas on how your business should innovatively create value for customers, investors, and other stakeholders?



Two tools readily come to mind and both are developed by Robert Kaplan and David Norton. The tools are Strategy Maps and the Balanced… Continue