Archive | Business Model Innovation

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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, […]

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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 […]

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