Jeffrey Phillips writes a really nice innovation blog called Innovate on Purpose. One of his recent posts concerns the importance of synthesis, where he says: What should be obvious is that one of the most important skills from an innovation perspective is the act and insight of synthesis. This is a real challenge, because most […]
It’s hard for birders to see albatrosses. You have to a book a boat trip, they take all day (or longer!), and there are long periods of boredom punctuated by frenzied excitement when you run across birds – which you really hope you don’t miss seeing! And even if you’re not prone to seasickness, inevitably […]
We already know that giving stuff away can be an important part of building an effective revenue generation mechanism – and it seems to work quite well in publishing in particular (even academic publishing!). Two of the strongest proponents for giving away some version of work for free are Seth Godin and Cory Doctorow, and […]
The way I see it, there are three primary ways to make money in business models that are built around information-based assets – aggregating, filtering and connecting. Previously, I have discussed aggregating and filtering in some detail – now it’s time to think about connecting. In a recent post on the Harvard Business Review Editors’ […]
With all this recent talk of business models, it is probably useful to clarify what I mean by it – business model is yet another phrase that ends up meaning different things to everyone. I use the Henry Chesbrough definition, which splits the business model into six key issues (the summary is from quickmba.com): Value […]