The German retail conglomerate Arcandor AG — formerly known as KarstadtQuelle AG — filed for insolvency on June 9th, 2009. Management blamed the financial crisis. It had asked the German government in May for state aid but the government refused. But is the financial crisis the real reason for the dire situation? I do not think so. The business models…
These are the slides of the second part of my lecture I gave at Leuphana University in Lüneburg in May. The first set of slides you find here.
Business model innovations sound great as a strategy and if successful you can create a new market and escape the traditional competitors in your ex-industry. But the most important point in any innovation is not to have an idea, is not great execution, but the adoption of the innovation by customers. And that is the crux of business model innovation:…
The THESUS program seeks to develop technologies and applications for the Internet of services. The program is sponsored by the German government and supported by German IT heavy weights like SAP or Siemens and technical universities in Germany. The program is based on several use cases where technology is supposed to solve a real world problem. The aim of the…
Yesterday, I gave a presentation at the InternetBriefing Zurich. Here it is. Enjoy it. I use Experteer, Linguee, blacksocks and digitalSTROM as case studies to illustrate business model innovation. Business Model Innovation on the Web oder wie man Marktführer vom Thron stösst
Often one hears that everything is already invented and that only incremental improvements are possible. Well, tell this to Mr. Krinner. He has invented two products that just changed the way how jobs are getting done. He invented the Krinner Christmas tree stand and the ground screw.
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