Twitter’s Business Model Innovation

In an excellent article on the impact of twitter on the Arab Spring revolutions, Blake Hounshell makes an important point about twitter itself: But five years since its founding, Twitter has hit a critical mass of activists and casual observers on the ground, journalists in the office and in the field, and analysts behind their […]

Why (Almost) Everything is Lousy

I recently read an article on BNet by Geoffrey James called “Top 5 Totally Useless Business Experts“. James usually writes an interesting column, and even in this one he makes some good points. But he also uses a form of argument that is deeply flawed. Here is part of the post: Useless Expert #1: Management […]

Little Innovations Matter!

Here’s a question for you. What’s better…. a lot of little innovations or one big innovation? If we had to choose, would it better to have an economy made up of a lot of firms trying to make small improvements to their business or do we want a game-changer like Apple or Google? The big […]

Innovation Must Create Value, not Novelty

Is it possible to be too innovative? Helen Walters points to an interesting post by Jens Martin Skibsted and Rasmus Bech Hansen called Over-Innovation Makes U.S. Firms Suck At Sustainability, which argues that it is. They argue that the high levels of US carbon emissions are due to too much innovation: The heart of the […]

Look Past the Technology and See the Business Model

A few weeks back, Tim wrote a post about how a change to one dimension of a business model usually means a rethink of other parts of the business as well. One thing that I have always found interesting is how technology can change a business model. There are many examples of this such as […]

What’s Your Skype?

In his latest book Macrowikinomics, Don Tapscott (along with Anthony Williams) argues that there are two types of business models in existence today: those that have been disrupted by the internet, and those that are waiting to be disrupted by the internet (summarised in an article from the Wall Street Journal). I’m not 100% convinced […]

Kaiser Chiefs and New Business Models for Music

I just finished listening to my version of the new album by Kaiser Chiefs, The Future is Medieval, and I have to say that I’m pretty happy with it. You may well ask what makes it my version? The thing that makes it mine is that I picked the 10 songs to go on it, […]

Build Your Business Model Around Creating Value

One of my favourite things to do when I go into the Brisbane CBD is to drop by The Cloakroom to talk about business (and clothes) with Andrew and the guys. In one recent discussion, we talked about retail locations. This was just after they moved into their new space, which is fantastic. One of […]

Innovation Lessons from the Startup Genome Report

Steve Blank wrote an interesting post today on the Startup Genome Project. The report is based on a survey of 663 startups. All of them are web-based businesses, and they are all early in their lifecycle. The objective of the study is to determine what factors drive startup success, and the report draws some interesting […]

How to Test a Business Model Like a Scientist

How do we decide what actions to take in business? Or in life? In many cases, we base our actions on our models of the world. We think that things work in a particular way, and this determines the choices we make. We can make a strong case for trying to make these choices more […]

How Corporate Crime Starts with Failed Business Models

Every economic bust launches criminal charges against executives of failed companies. It’s been a few years since the collapse of Lehman Brothers and the onset of the Global Financial Crisis but the court cases in many instances are still ongoing. One of the most notorious cases in Australia was the child-care center empire of ABC […]

Will Rogers Explains Business Model Innovation

One of the keys to successful business model innovation is to find the hidden assumptions in your industry and then change them. When you are doing this, it is useful to remember this quote from Will Rogers: It isn’t what we don’t know that gives us trouble, it’s what we know that ain’t so. It […]