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.
Comments: none
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.
Comments: none
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.
Comments: none
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