Business model generation in the Internet of Things (IoT) universe

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The Internet of Things (IoT) changes everything, especially how we go about crafting and testing business models. “To take advantage of new, cloud-based opportunities, today’s companies will need to fundamentally rethink their orthodoxies about value creation and value capture”, writes Gordon Hui in his recent HBR article. We need to focus on emergent needs not […]

Business [Re]Ignition: The 7 Rock Solid Elements of Executing Business Model Innovation – Part 4

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The brutal truth about business is this: It’s hard. Have you ever asked yourself: Why aren’t we growing more/faster? Do we have the right solution; does it solve their mission critical issue? This isn’t working, what’s our alternative? If you said, “yes” about any of those questions or would like to deepen your customer relationships, […]

Business [Re]Ignition: The 7 Rock Solid Elements of Executing Business Model Innovation – Part 3

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It’s not your father’s (or mother’s) business world anymore. Three momentous forces — technological, social, and economic — have conspired to rock the business world and caused things to become more complex and uncertain. And, as a result the old ‘go to’ methods fall flat. Point blank, it is a fundamental change in how ventures […]