Why is this article in the top slot of this week’s list, because this blog is all about highlighting the analytical, design, and mental frameworks that can be applied to business improvement initiatives. And after all, at one point or another in our lives we have all wondered why certain people seem to always knock off one undertaking after another while most individuals have a stack of unfinished projects a mile high. It seems that a group of University of Chicago professors have deduced the mental key. A key that when applied not only increases personal output but also work team productivity.
As, always I’m looking to share with you quality information that helps increase our business development skills, enhance our level of business model innovation, and ultimately the quality of our professional relationships. While I never going into depth about the finds, I encourage you check them out if they sound interesting.
It’s all about business model inertia… the world, competitors, and internal assets are constantly shifting. We all know this so what the point of revelation in this article? Often simply doing nothing and keeping the wheels of business turning is in many organizations a safer route to success, especially when proactive actions that disappoint are punished. This work examines why that belief and others such as who actually benefits most from business model innovation / disruptive thinking need to be revisited. Quite simply, continued success is captured by those entities that know the difference between risk and risky and thus are not afraid to design, craft, or re-engineer their business model for the reality that’s about to hit.
“Statistics show that business model innovators see operational margin growth of more than five times that of competitors who only practice product or service innovation.”
This is the second half of a two-for regarding how established concerns can use business model innovation to continuously reposition itself against their competitors, potential competitors (which may come from outside your industry), and provide a better customer experience.
Wired UK has gathered some of the new business models that authors and publishers are using to bring their tomes to market.
AT&T wants to buy T-Mobile. Why and what does it mean for me as a consumer and digital media professional? Ralph de la Vega fills in the blanks during this interview at the recent D9 Conference.