Strategy as practiced by companies today has many flaws.
“Reshaping Strategy: Exploring the Content, Process and Context of Strategic Innovation” synthesizes more than 200 books, articles, research papers and thousands of pages on strategy, strategic innovation, blue ocean strategy, value innovation, disruptive innovation, business model innovation and related topics into a comprehensive framework, providing an extensive overview and allowing companies to address the issues involved from different angles and view points.
It offers a new perspective, new tools and ideas on how to address strategic issues for enabling new growth by developing fresh answers to the classic questions in strategy: what business are you in, who is your customer, and how to organize to fulfill customers’ needs?
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Tagged as:
Blue Ocean Strategy,
Business Model Innovation,
Strategic Innovation,
Strategy
A simple tool I recently developed with a client to evaluate ideas for business model innovations. The evaluation was used by the board to decide which ideas go into conceptualization and prototyping.
Tagged as:
Business Model Innovation
A recent study by The Boston Consulting Group and BusinessWeek identified that while business model innovators and product or process innovators both achieve a premium total shareholder return, business model innovators earned an average premium that was more than four times greater than that enjoyed by product or process innovators. So clearly it pays to invest efforts on the topic.
A report on the survey offers the following questions for mobilizing the organization. While most aren’t new to the regular readers of this blog, others open interesting perspectives.
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Tagged as:
Business Model Innovation
Part 1 of the reinvent your business series looked at “market innovation”, in part 2 I outlined 9 ways for “value innovation”. This final part will conclude the series with 8 ways to reinvent your business model.
Essentialy the business model is about how to create, capture and deliver your value proposition. It’s about what activities and resources are necessary and how the company deploys them, including those outsourced. Of course all of these decisions will have an impact on your revenue and your costs, so we’ll have a look at these dimensions too.
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Tagged as:
Business Model Innovation,
Reinvent your Business,
Strategic Innovation,
Strategy
Inspiration shower for the paperJam business club in Luxembourg.
During this highly interactive workshop you will have the opportunity to learn about a new approach to strategy. Drawing on concepts of business model innovation, breakthrough strategy, Blue Ocean Strategy and disruptive innovation, we will have a look at a comprehensive framework for thinking about how to find new growth opportunities for your business.
What you’ll take back home:
- a fresh look at strategy
- approaches to strategy and business model innovation
- a framework for describing your business and it’s business model
- inspiration and ideas on how to reinvent your business model
- ideas on how to get started in your organization.
For more details check the paperJam website.
Tagged as:
Blue Ocean Strategy,
Business Model Innovation,
Strategic Innovation,
Workshop
