Brands are the icing on the business model
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Brands are the icing on the business model

How do brands and business model work together? That is a key question for successful companies because if they do not align brand and business model it will backfire, probably not in the short run but surely in the long run. Branding is a hot topic. Brands give products the magic touch. With branding regular, normal products morph into highly…

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Design Thinking revisited: A conversation with Scott Underwood

Following my blog article on Design Thinking and business model innovation, a vivid discussion about design thinking and business model thinking started. Lately, Scott Underwood joined the discussion. For over 20 years, Scott worked in the Palo Alto and San Francisco offices of IDEO, the global design and innovation firm. During the last dozen years, his role involved writing, editing, speaking,…

Open Innovation: Does it work?
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Open Innovation: Does it work?

Open innovation is a big trend today in innovation management. Where are its strengths and limitations? A discussion with Atizo. Today, I had a long chat with Isabel Steiner and Sabine Hofer from Atizo, an entrepreneurial platform for open innovation. Atizo is a platform where companies can post a question to a crowd to get more and better solutions. This is called open innovation…

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Thomas Middelhoff or how to earn money with a bad business model

Thomas Middelhoff was the CEO of the now insolvent German retail conglomerate Arcandor formerly known as KarstadtQuelle. Thomas Middelhoff has a good sense for timing. He left Arcandor in March 2009 just 3 months before the company had to file for bankrupcy in June. What made his stint at Arcandor so remarkable was not that he turned around the business of…

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Newspapers Economics and the need for new business models

Hal Varian, the chief economist of Google and co-author of the seminal book “Information Rules” just publishes an article on the changing economics of newspapers. The paper and his blog post is worthwhile reading. The articles goes well along my analysis of the newspaper market, where I argue that just a transfer of the paper business model to the Internet…

Changing financials, changing economics, retailing and business model innovations
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Changing financials, changing economics, retailing and business model innovations

In the discussion on business model innovation the focus is often on the innovations regarding the value proposition or on the value architecture but it is interesting to look at the revenue model as well for starting points for an innovation. Anders Sundelin in a recent blog post reflected on net working capital and the influence of the business model…