The value proposition of weed control: To control weeds ;-)

Weed Control: What stays the same, what changes: Business Model Innovation in Farming

Patrick Stähler

Weed control is an essential task for farmers and cultivators, dating back to ancient times. In the past, weed control was done manually, which was labor-intensive and time-consuming. Later, herbicides provided a new tool for farmers to control weeds more efficiently. However, with the rise of concerns over the environmental impact of herbicides, a new innovation has emerged: robots designed…

Photo of a Woman Thinking

Looking back to the future: 20 years of business model innovation (theory)

Patrick Stähler

In summer 2001, I published my doctoral thesis on “Business Models in the digital Economy” in German (big mistake!). 20 years later, the topic is hotter than ever, however still very little understood and executed in traditional companies, while the most valuable firms on earth are all newcomers with innovative business models. I wrote my thesis for incumbents like my…

It’s the business model, stupid! A wake-up call for incumbents like Daimler
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It’s the business model, stupid! A wake-up call for incumbents like Daimler

Patrick Stähler

News is full of cool technologies like drones, blockchains or autonomous cars and their disruptive character. Traditional firms have switched to innovation mode and have now cool digital transformation units to use these new technologies. Everybody is happy. Great, isn’t it?Or wait? Can this really work that easy? I just had a project with a company that has set up an innovation unit to push…

14 Tips for Entrepreneurs to build a business model innovation

14 Tips for Entrepreneurs to build a business model innovation

Patrick Stähler

How do entrepreneurs develop a business model that is highly scalable, unique, loved by customers, a money-making machine, disrupt an industry, be a unicorn and just work 4-hours per week? In this post, you find the golden keys to success. Guaranteed! Well, not really. A 4 hour work week might work for Tim Ferries, but you as an entrepreneur have to…

businesswoman with apple and laptop at office

Steve Jobs on values in your business model

Patrick Stähler

Business Modeling is often seen as process to rearrange the building blocks to an innovative business model. What people forget is that a business model is not just the building plan of your business but also should give answer to the question “Why should your business exist from a customer perspective?” So a business model is not just a building…