Business Models

Turning your corporate assets in new ventures

I recently attended at Innov8rs conference an enticing presentation on business model innovation: “Turning your corporate assets in new ventures and opportunities”. It was delivered by enthusiastic Chloé Bonnet and Pauline Pham, respectively Founding partner and CEO, and Partner & VP, at Five by Five . They kindly accepted to go into more details into its creative approach.   1) Hi, could ...

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Testing Your Business Model

Sometimes we get caught up in the details when we should be working on the foundation. Here’s a rule: If the underlying foundation is not secure, don’t bother working on anything else. If you’re working on a couple new technologies, but the overall business model won’t be profitable, don’t work on the new technologies. Instead, figure out a business model ...

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Business Model Rookie Mistakes

The NSF iCorps experience is a 7 week program that is designed to help scientists, engineers and health professionals commercialize their ideas, or give them a merciful death, based on evidence garnered during a customer discovery interview process. I recently participated as part of a team composed of an entrepreneurial lead, a principal investigator, and an industry expert. The idea is ...

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Beyond the Business Model Canvas

For decades when business people and aspiring entrepreneurs came up with an idea and became serious about commercializing it, they would, by default, create a business plan. Anyone who has ever created a business plan knows they are a LOT of work. And as any innovator knows, most ideas turn out to be garbage. As a result, the creation of ...

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The art of innovation, helping cities and governments to make strategic choices

Pierre-Alexandre Balland is Professor & Innovation Strategy Advisor at Utrecht University and visiting professor at MIT Media Lab, a renowned interdisciplinary research lab, founded in 1985 by Nicholas Negroponte, that encourages the unconventional mixing and matching of seemingly disparate research areas. Pierre-Alexandre research is about the art of innovation, and he advises companies, cities, and policymakers on innovation strategy. The combination of ...

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Biomedicine as a Social Enterprise

 In his new book, Nobel Peace Prize winner Muhammad Yunus shares his vision for a kinder, gentler planet. It starts with recognizing what he describes as the inherent cruelty of capitalism, the need to value the abilities of every human being and understanding that saving the environment must be a collective effort. Now, Pope Francis has thrown his Papal tiara into ...

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Change Management: Combating Resistance and Driving Adoption Through Innovation

A strong change management program requires more than a strong change management plan. It requires a plan that transforms change management into an ongoing priority for your organization. As I’ve stated in the other change management articles on LaunchStreet, change management should be more than just a point-in-time exercise. To be successful it should be an ongoing mindset that change ...

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Digital Factory of the Incumbent

Introduction Technological changes are one of the leading advocators to shape customer value. They are characterized by a process of social technological variations, rooted in different disciplines e.g., economics, sociology, and psychology. It implies that the competitive advantage is increasingly shaped by the management of the polysemic nature of the customer value. This cross roads of understanding drives how shoppers ...

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