business model innovation
business model innovation
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11.
by Donald Mitchell - 2008-04-27
Although most can easily understand examples where time and economic benefits are measurable, you also have to keep in mind that noneconomic benefits can be important, too. When Estee Lauder formulate...
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12.
by Donald Mitchell - 2008-05-12
Starting with tests of business model innovation is always a better idea than simply implementing a new idea. Specify that each test must reasonably provide reliable information about:(1) how much ul...
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13.
by Donald Mitchell - 2008-05-15
Why stay with an old business model, when you could have a better one? This takes identifying an idea you want to try. Next, you need to validate that idea. You are now ready to test your best ideas. ...
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14.
by Donald Mitchell - 2008-05-23
How can you get innovation into the market faster? It's hard to innovate until you have a successful test. How many tests will succeed? As few as none, and probably no more than ten percent.So, unl...
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15.
by Donald Mitchell - 2008-05-27
You cannot change your business model to better use pricing until you find a concept that expands your competitive advantage, regardless of what competitors do. Let's look for that important breakthro...
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16.
by Donald Mitchell - 2008-08-19
A strong consensus on good values builds a foundation upon which to implement and innovate with business models. Values encourage taking the right kind of innovative actions in a cooperative and eff...
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17.
by Donald Mitchell - 2008-08-21
An often-quoted epigram says that "Those who ignore the past are doomed to repeat its mistakes." No one wants to do that.However, finding lessons from a company's past is becoming harder and harder t...
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18.
by Donald Mitchell - 2008-08-22
Most CEOs will tell you that if you can get the right people together and turn them loose on a problem or opportunity, great results will follow. The same CEOs often complain that it's getting tough...
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19.
by Donald Mitchell - 2008-08-28
Everyone has had the experience of being asked for an opinion, and then feeling like not having been listened to. The cause of that feeling is usually a misunderstanding about why the views were sou...
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20.
by - 2008-08-28
Many people associate industry-changing innovation with high technology products and services, and certainly those industries create lots of innovation. On the other hand, almost every business seems ...