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BUSINESS MODEL INNOVATION
Business model innovation (BMI) refers to the creation or reinvention of a business. Though innovation is more often seen in the form of a new product or service offering, a business model innovation results in an entirely different type of company that competes not only on the value proposition of its offerings, but aligns its profit formula, resources, and processes to enhance that value proposition, capture new market segments, and alienate competitors. This topic covers the latest news on business model innovation.
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Innovation and productivity can arise from a sense of play (Image by Getty Images via @daylife) Anyone who’s had a...
It's terribly important to remember that words do in fact have specific meanings. For if we forget it then we end up...
Jonah Lehrer's article, "GroupThink" in The New Yorker, January 30, 2012 states that brainstorming seems like...
The power or the Disney Magic comes from knowing customers and looking beyond the words being used to figure out how to...
Image via Wikipedia Every entrepreneur has an idea for transforming a market with innovative new technology, or...
What happens inside our minds that limit our capacity to think differently?
The only way to grow, with rare exceptions, is to engage in category innovation, to create a new category (or...
As an innovation leader or intrapreneur, you always have something to sell. In the end it is a product or a service,...
We launched Innovation Excellence on August 1, 2011 and with the new web site we are now able to start a new annual...
Ever notice how many times an unsuccessful project team will explain their failed Dr. Seuss, "Green Eggs...
If you want customers talking about you, over-deliver. Period.
Some companies are well-organized for innovation. Consider Apple, 3M, P&G, Sony, Samsung, Starbucks and many others.
To overcome the obstacles to new market entry, companies should follow 5 steps to position themselves for innovation...
Next week, as it does early each year, the world epicenter of innovation becomes Las Vegas in the form of International...
Innovation! If there’s one word that can get people from all walks of life excited these days, that’s the one. CEOs.
Here are 4 ways the Miami Heat have innovated the way they play offensively.
Leverage lessons learned and tap corporate wisdom and external knowledge to drive innovation and avoid repeating past...
Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that...
Image via Wikipedia With the ever-increasing volume of information and the speed and scope of technological...
After a week of torrid voting and much passionate support, along with a lot of gut-wrenching consideration and jostling...
This article is by Rita McGrath, an associate professor of management, at Columbia Business School and co-author of The...
If you're an innovator, or want to be one, you have to be bored with the status-quo. The solution: Disassemble and...
AS WE ENTER the twenty-first century, there is a pressing need for clear strategies. Because unless companies have a...
Top Sources: Business Model Innovation
- business-strategy-innovation.com
- innovationlabs.com
- BusinessWeek
- Innovation Economics
- inventionmachine.com
- business-strategy-innovation.com
- The Business Model Database (tbmdb.com) - A blog about business models
- game-changer.net
- Blogging Innovation
- innovationexcellence.com
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