Archive | Business Model Innovation

AAEAAQAAAAAAAAWUAAAAJDk1MmE0MWJkLWQ4NDktNDNiOS1hMTcyLTc0ODhjZmIxN2I5Nw

Why we need to shift our focus from just product innovation to business model innovation.

Organisations often spend a lot of effort on innovating their next product breakthrough but little time innovating the way they work. We need to shift our focus from just product innovation (the WHAT) to HOW our businesses are structured and function. Innovating the Enterprise Model is the imperative, here’s why. Sharp Corporation (Japan) is in […]

Read More
Slide1

Which business models are under attack?

Business Model Innovation CBA has bought a $300,000 robot to put in its innovation lab. That’s a pretty symbolic statement for a company with over 1100 branches. Estimates of the impact of Robotic Process Automation on bank branch jobs vary considerably, potentially ‘saving’ between 20% and 50% of employee’s routine processing. As with driver-less transport, […]

Read More
2017-02-17_12-15-14

Entrepreneurial Strategy, not just for entrepreneurs

Entrepreneurs haven’t changed but the world they live in has Once upon a time, If you investigate who coined the term Entrepreneur you’ll see Jean- Baptiste Say (1767-1842) widely credited as doing so around 1800. Whilst it’s true he popularised it, he was not the originator. That accolade goes to an Irish economist and financier […]

Read More
Innovation Speedboat

The Innovation Speedboat every organisation needs to power new growth (5 min video)

Garage Gigs for Growth (#2) Innovation has been high on the National and Corporate agenda for the past couple of years. There has been a lot of money and resources sloshing around focused on getting new growth opportunities to fly. But just like the Birdman Rally at Moomba, some endeavours are doing better than others. […]

Read More
Capture

A very important fourth type of innovation (3 min video)

Garage Gigs for Growth (#3)   There are different types of Innovation. Australia for years now has been obsessed with Company Innovation, working to make things more optimised and efficient in an effort to drive costs lower. Finding new ways to take labour out of the product and service offering has been a national sport. […]

Read More
Photo by Valentin Antonini on Unsplash

FAST-Hacks for Disruptive Strategies

FAST-Hacks for Disruptive Strategies When Amazon decided to acquire Wholefoods and plunge into bricks and mortar food retail… When Netflix decided to invest billions in becoming a content creator instead of just a distributor… When McDonald’s Australia launched McCafe in a world first… When Starbucks moved from coffee wholesaler to retailer… When IBM moved from […]

Read More
Disruptive Innovation growth strategies

Disruptive innovation growth strategies (6 min video)

Garage Gigs for Growth (#5)   This weeks Garage Gig for Growth  provides a framework for understanding the difference between different disruptive innovation growth strategies. It’s a powerful way to think about your growth strategies and the potential for future competition in your market. Disruption and innovation are overused terms and often mentioned together as […]

Read More
Image Credit David Clode on Unsplash

How lazy is your strategy?

Your strategy is lazy if it’s… More internally focused than externally leading I see too many company strategies that are straight line, incremental and focus far too much on internal improvements. Savvier are those with a great focus on their customers. But the best leaders have their eyes on the market view and what’s changing. More […]

Read More
Low price is not a strategy

What’s that burning smell? Why your market price is toast

The perilous path of perpetually plummeting prices…. ok ok – there is such a thing as tooooo much alliteration The ebbs and flows in business are leading to higher high-water marks in service and lower low-water marks on price. I ordered a journal on line two weeks ago and it took three weeks to come. […]

Read More
uncork your disruption potential

Get Naked on Innovation and Disruption

It turns out that a fast-hack into innovation and disruption to build TRUST, TRIBES and TRACTION in your organisation comes from treating your employees like customers.   How so ?   Naked Wines promises great wines at wholesale prices delivered to you overnight. Nothing special there. But they go ahead and provide a few twists on the […]

Read More