Archive | Business Model Innovation

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Which business models are under attack?

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 driverless transport, the economic case […]

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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 […]

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Innovation Speedboat

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

garage gigs for growth 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. Are […]

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

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. We serve our own petrol, use […]

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