10 Tips 4 Business Model Innovation
-
Upload
patrick-van-der-pijl -
Category
Business
-
view
13.243 -
download
0
description
Transcript of 10 Tips 4 Business Model Innovation
![Page 1: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/1.jpg)
10 tips for business model innovation
www.businessmodelsinc.com
![Page 2: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/2.jpg)
In the last 2 years we have been working with more than 40 international clients from start-‐ups to corporate organizations on business modeling. We put all our experiences together and came to the following list of tips for business model innovation.
Njoy business modeling!
www.businessmodelsinc.com
![Page 3: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/3.jpg)
Tip # 1
![Page 4: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/4.jpg)
Map your current business model on a large poster with 3M post it notes.
![Page 5: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/5.jpg)
![Page 6: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/6.jpg)
It is important to start with your current business model first. This will create a shared language with your team members AND more than 70% find opportunities for improvement.
Post it notes that stick are helpful working on the wall. Sorry, 3M works best.
![Page 7: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/7.jpg)
Tip # 2
![Page 8: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/8.jpg)
Don’t try this alone. Let your colleagues help you!
![Page 9: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/9.jpg)
![Page 10: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/10.jpg)
You’ll get much better and faster results if you map a business model with other people like your colleagues or team members. Different perspectives offer new interesting insights.
![Page 11: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/11.jpg)
Tip # 3
![Page 12: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/12.jpg)
Visualize your business model!
![Page 13: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/13.jpg)
![Page 14: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/14.jpg)
After you have put the post-‐it notes on the business model canvas, it is hard to explain the results to others. Visualization of your business model will support your optimization and innovation discussions.
![Page 15: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/15.jpg)
Tip # 4
![Page 16: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/16.jpg)
Translate 3 trends into your business model!
![Page 17: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/17.jpg)
Source: www.trendwatching.com
![Page 18: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/18.jpg)
We know what’s going on in our market place. But do we translate trends and developments into our business model? Can we transform it into value for our (potential) customers? Translate 3 trends into your business model!
![Page 19: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/19.jpg)
Tip # 5
![Page 20: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/20.jpg)
Learn from other business models!
![Page 21: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/21.jpg)
![Page 22: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/22.jpg)
Do not think you need to re-‐invent the wheel. Easyjet learned from SouthWest…
If you model other business models in to the canvas, you will be amazed how much you can learn from them.
![Page 23: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/23.jpg)
Tip # 6
![Page 24: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/24.jpg)
Do not rely on 1 model, build prototypes.
![Page 25: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/25.jpg)
![Page 26: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/26.jpg)
The world is not predictable. You do not know if your business model will work. Build prototypes to shorten time to market and learn by doing building business model prototypes.
![Page 27: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/27.jpg)
Tip # 7
![Page 28: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/28.jpg)
Apply business model patterns
![Page 29: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/29.jpg)
![Page 30: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/30.jpg)
What happens if you apply business model patterns to your business model? Does the longtail affect our model? What happens if we we offer things for free?
![Page 31: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/31.jpg)
Tip # 8
![Page 32: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/32.jpg)
Build a (self) sustainable business model.
![Page 33: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/33.jpg)
Built a (self) sustainable business model
![Page 34: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/34.jpg)
In this business model from a saw mill in Tanzania, the chopped wood is re-‐planted. By this means the business model is self sustainable.
Can your model be self-‐sustainable?
![Page 35: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/35.jpg)
Tip # 9
![Page 36: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/36.jpg)
“Show me the money!”
![Page 37: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/37.jpg)
![Page 38: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/38.jpg)
If your business model will not make any money today, it most probably won’t do tomorrow. So, “Show me the money!”
![Page 39: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/39.jpg)
Tip # 10
![Page 40: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/40.jpg)
Consider Beyond Profit
![Page 41: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/41.jpg)
profit!potential!
+!
+!
−!
−!
old school corporations!
old school not-for-profits!
new school of conscientious entrepreneurs!
social impact!potential!
![Page 42: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/42.jpg)
Nowadays there is a new school of entrepreneurs emerging. Profit with a purpose.
What is your purpose besides profit?
![Page 43: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/43.jpg)
Ooops!
![Page 44: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/44.jpg)
Use the business model canvas ;-‐)
![Page 45: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/45.jpg)
The
![Page 46: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/46.jpg)
Try to explain a business model without the canvas… This one might look obvious, but it isn’t. Use the business model canvas for business model innovation.
![Page 47: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/47.jpg)
www.businessmodelgeneration.com
![Page 48: 10 Tips 4 Business Model Innovation](https://reader033.fdocuments.us/reader033/viewer/2022052618/55499fbdb4c9050c738b4dc2/html5/thumbnails/48.jpg)