Category: Finance

Business Model Innovation?

Nearly five years ago I wrote this article, but I think it is worth dredging it up out of the archives because there is such misunderstanding out there about what business model innovation is. This article highlights some of the misconceptions people have about what business model innovation truly is and looks quickly at a couple of more appropriate examples of business model innovation. But of course I’d love to hear your thoughts in the comments, including your favorite business model innovation examples. Continue reading

Posted in Business Models, Finance, Innovation | 2 Comments
The Hidden Cost of Poor Innovation Execution

Executing and launching new products takes financial and human resources. When poor execution delays a product launch, companies are hit with another cost, one which often goes unnoticed. Poor execution delays the revenue stream that a new innovation will earn. Given the time value of money, that financial loss can be staggering. Consider one of the most famous innovative product – the Post-it® Note. Continue reading

Posted in Finance, Innovation, Strategy | Leave a comment
Exploring the Innovation Network Corporation of Japan (INCJ)

The Innovation Network Corporation of Japan (INCJ) was launched in 2009 as a public-private partnership between the Japanese government and major corporations. INCJ makes investments aimed at fostering “flow of technology and expertise beyond the boundaries of existing organisational structures”—be they start-up companies, medium-sized enterprises or large, established firms—and at building an ecosystem of innovation. Continue reading

Posted in Case Study, Finance, Innovation, Leadership, Open Innovation, Technology | 1 Comment
Analysts and Astronauts

If we in the role of the budgeteer aren’t empowering leadership (actual program and resource managers) with the information they need to make informed decisions, we’ve potentially got an analyst weenie sitting at the helm of a multi-billion dollar federal program. Continue reading

Posted in Finance, Government, Leadership, Social Media | 1 Comment
Life After Chapter 11? 5 Big Brands That Survived

Eastman Kodak (NYSE:EKDKQ) surprised few by declaring bankruptcy last week. It was clear to many business insiders back in September that Kodak was headed to zero after a panicked move to tap its credit line. As those who have watched the corporate history of Kodak know, years of big debts and a lack of innovation have been weighing on the iconic photography company for quite some time. Continue reading

Posted in Finance, Industry, Innovation | 1 Comment
Better Innovation With Less Money

A few years back, many companies would simply try to buy their way to innovation success by hiring more people and starting more projects as they were given more money. Continue reading

Posted in Finance, Innovation, People & Skills, Strategy | 3 Comments
Proof Kodak Was Doomed 14 Years Ago

Eastman Kodak (NYSE:EK) is in it deep. WhileKodak is is trying to stave off bankruptcy via restructuring, crippling debt and troubles turning a profit mean there isn’t much time on the clock. Continue reading

Posted in Competitions, Finance, Industry, Innovation | 3 Comments