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Business model Archives - Innovation for Growth

Tag Archives | Business model

Food, Connection & Innovation

By on 7 May 2013 in business models, connect

The startup Thumbtack hired a full-time chef a few years ago, and it transformed their business. It’s a great story of unintended business model innovation that we can learn from.

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Here is Why You Need Business Model Innovation

By on 3 May 2013 in business models, experiments

Business model innovation is relatively easy to do when you’re a startup. But it’s also a really important skill for established firms to build. In this post I discuss why, and how to approach it effectively.

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Do You Really Know What Business You’re In?

By on 17 April 2013 in business models, evolving economic entities

In 1993 you needed a phone, a laptop, a camcorder, a palm pilot, a watch, a walkman and a pager to do most of what you can do today with your smartphone. That’s amazing, and there are some important innovation lessons that follow from this.

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Innovation Matrix 4.0 – Now With More @Nilofer

By on 12 December 2012 in The Innovation Matrix

The Innovation Matrix is back, and now I’m collaborating on it with Nilofer Merchant! Here is a sneak peek at some of the work that we’re doing.

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Here’s Why Many Innovation Initiatives Fail

By on 25 November 2012 in business models, design

Wouldn’t it be great if you could do customer service like Zappos?  Or design like Apple? Or innovation like 3M? Who wouldn’t want to be like those firms? Well, it’s not so simple. Barry Dalton wrote an excellent post called You Can’t Be Zappos (and why would you want to be?) addressing exactly this issue. [...]

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The Four Stages of Responding to Disruptive Innovation

By on 13 November 2012 in business models, evolving economic entities

How should respond to potentially disruptive innovations? If the first response is ridicule, followed by aggression and bargaining, then you could be in trouble.

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Xiameter Case Study: Adding Business Model Innovation

By on 29 September 2012 in business models, The Innovation Matrix

We often think that it’s particularly hard for big, established firms to innovate. Yes, there are obstacles. And yet, many manage to innovate, and to do so very effectively. Dow Corning and their business model innovation in launching Xiameter is a good case study of an innovative big firm.

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Where Does Innovation Fit in Your Business Model?

By on 28 September 2012 in business models, The Innovation Matrix

If you are using a tool like the Business Model Canvas, where does innovation fit? The answer depends on your strategy. I use The Innovation Matrix to outline several different strategies, and how the business models for these will be different.

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Why the Future of Innovation is Open

By on 14 September 2012 in business models, innovation, innovation strategy, networks

As outlined in my previous post, sustainable innovation requires evolution and revolution. Over the long term, organizations need to be capable of both moving along existing growth trajectories and creating new ones when the old business matures or stalls. This can be depicted as recurring movement along innovation s-curves. In the case of a new [...]

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Why Lean Startups Turn Into Innovative Firms

By on 3 September 2012 in experiments, The Innovation Matrix

One of the exciting trends in innovation right now is the lean startup idea.  The basic premise is that when ventures are starting out, building a scalable business model needs to be a top priority.  People like Steve Blank, Eric Reis, Ash Maurya and Alex Osterwalder are all doing great work in this area. I’m [...]

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