The brand is the business
According to thought leaders within INSEAD customers are really in the driver’s seat when it comes to making or breaking a brand. Also different consumer trends indicate the same, such as Trendwatching.com for example. In the past people could be earmarked to fit within a certain stereotype, e.g. punkers during the 80’s. During this period […]
Posted: June 24th, 2008 under Brand Building, Business Model Innovation.
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Creation process breakdown; building new Value Propositions
Many people are interested in how a new Value Proposition is created. Of course, understanding this process and being able to execute it, provides a basis for continuously staying ahead of competitors; it would be the Holy Grail of business. In workshops I have used various methods such as Blue Ocean and TRIZ. These methods […]
Posted: May 19th, 2008 under Business Model Innovation.
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Innovasion: competing in the Chinese good enough market
Recently HBR published an article about the difference in competition between the US and Europe and emerging markets, China in the article. Where in the US and Europe most customers demand excellent quality in China the largest segment is the “good enough” segment (62% share of market in 2005). The good enough segment is defined […]
Posted: April 6th, 2008 under Business Model Innovation.
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The Importance of Business Model Innovation
During the Internet Bubble Business Model was one of the buzz words. Companies did not need a real strategy, a special competence, or even customers. The only thing needed was a web-based Business Model making vague promisses about wild profits in a distant future (source Joan Magretta, HBR, 2002). Not strange that the term itself […]
Posted: March 17th, 2008 under Business Model Innovation.
Comments: 1
Ben Kaufman’s approach to creating a BIG product in 72 hours
Many of the people following the Business Innovation topic online already know TED. TED (Technology, Entertainment, and Design) is an online platform which is used to spread ideas. Basically talks, such as presentations are made available to the public, for free. The main goals is to inspire others to start thinking differently, as Apple will […]
Posted: March 4th, 2008 under Co-Creation.
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Ryan Air’s perfect storm: a business model defeated by fuel prices?
Last week news spread that Ryanair’s profit could be halved due to ever risen fuel cost and a weaker UK pound. Last quarter 2007 net profit dropped with as much as 27%. This is not news that is typical for Ryanair. Applying the Southwest business model it is well know for being a “no frills […]
Posted: February 13th, 2008 under Business Model Innovation.
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Train your weaknesses: The practice of leadership
Recently I stumbled upon an interesting article which states that we should not focus on the things we are good at, but concentrate on the areas we are not so great at. The theory behind it is based on researching to-be chess masters. Of course this differs 180 degrees from our common sense.
Applying this line […]
Posted: February 4th, 2008 under Business Model Innovation.
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If you can’t beat them, BUY them!
Growth is something which can be realized in many different ways: operational excellence with Six Sigma trajectories; product or technology innovation, either incremental or radical; business model innovation; or plain old mergers and acquisitions (M&A). Of course calling it plain old does no justice to the complexity of these kinds of transitions. But fact is […]
Posted: January 23rd, 2008 under Business Model Innovation, Post Merger Integration.
Comments: 3
Blue Ocean & Business Model Innovation
Googling the internet “Blue Ocean” was already quite popular (12,900,000 hits). “Business Model Innovation” is a risen star here (6,800,000 hits). Combining the two only generates 75,400 hits. A bit strange… Not only do the two serve the same purpose, deliver growth and innovation to a company. The first can serve as a means of […]
Posted: January 20th, 2008 under Blue Ocean Strategy, Business Model Innovation.
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Buy buy traffic jams
The Sky Commuter, built by Flight Innovations Inc., which never left the prototype stage is now for sale on eBay. The fantastic machine, built in 1990, was intended to replace traditional car traffic. It is said that one of the engineers is now offering it at eBay. Current selling price around 50,000 dollars, which is […]
Posted: January 13th, 2008 under Design.
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