business model innovation cone advisor
DESCRIPTION
Business innovation: business model innovation, management innovation, leadership innovation, process innovation, market innovationTRANSCRIPT
Making Your Growth Business Easy To Lead
Business Innovation
© CONE ADVISOR 1
To whom
• Business Model Innovation is designed for• Research & Development (Innovation Process)• Incubators, business parks and think thanks• New Business Development
• Business Model Innovation is suitable for• Start-up development (incubator & Venture capitalist)• New business models• New business area development (change) • New perspective to the existing business
© CONE ADVISOR 2
What kind of innovations are you looking for?
© CONE ADVISOR 3
© CONE ADVISOR 4
Products?
© CONE ADVISOR 5
Product and Service
Innovation Funnel
From many ideas toa few producs
Idea
Idea
Idea
Idea
Idea
Idea
Product
© CONE ADVISOR 6
Business Models?
Business & Model*
• Business: • the activity of buying and selling
goods and services, or a particular company that does this, or work you do to earn money.
• Model: • a representation of something, either
as a physical object which is usually smaller than real object, or as a simple description of the object which might be used in calculations.
7*(Cambridge Learner's Dictionary (Cambridge 2003) has the following definitions for the two terms)
© CONE ADVISOR
Why Model is Visual?
© CONE ADVISOR 8
10% rememberstext
65% remembers picture
Bird
Sample of visual tools for business innovation
© CONE ADVISOR 9
Weak signals
ExecutionModelingExploration
Ecosystem
Strategy Model Scorecard
Competition Profile
Business Model Canvas
© CONE ADVISOR 10
Business Innovation
Funnel
From many ideas toa few elements
From elementsto rich business &
leadership innovations
Idea
Idea
Idea
Idea
Idea
Idea
Business Model Canvas
Strategy model
Competition Profile
Scorecard
Strategic PMO
Three mostly agreed ingredients of Business Model
1. Firstly, a business model describes the mechanisms of revenue generation.
2. Secondly, a business model analyzes the customer perspective in the value net.
3. Thirdly, a business model is typically a high-level and quite simplistic model rather than a full business plan.
© CONE ADVISOR 11 Source: Ala-Mutka 2005
Business Model* = Strategy
1. The definition of strategy based on systems thinking, thus it can be described as model
2. Competitive Strategy focus on business level strategies and its focus is on customer value and competition in certain business area.
3. Modern Agile Strategy do not require analytic calculation and choice, which assumes that there is a great deal of reliable information.
12
*(or alternatively ”strategy model” (Ala-Mutka 2008)
© CONE ADVISOR
© CONE ADVISOR 13
Jukka Ala-Mutka, Dr. Sc.
Experience:• Cone Advisor, founder, VP international markets, 2011-• Cone Advisor, founder, CEO, 2006-2011• Management Consultant 2001-2005• Siemens ICN, development manager 1996-2001University:• Aalto University School of Economics (part-time research fellow 1.1.2010-)
– Aalto Executive Education, Aalto Small Business Center– Business & Strategy Course (~100 students)
• Helsinki School of Economics (part-time research fellow 2006-2009)– JONOKA –research project 2006-2009 (Agile Strategy)– HSE Small Business Center– HSE Executive Education – Business & Strategy Course– Introdcution to Management Course
• McGill University, Canada, Post Doctoral Research Fellow (full-time 2006)• Tampere University of Technology, Dr. Sc. (part-time, 2001-2005) • Linkedin http://fi.linkedin.com/in/jukkaam• Blog http://jukkaam.wordpress.com/
Contact
• A Eteläranta 10, 00130 Helsinki, Finland
• W http://www.coneadvisor.com
Blog
• http://jukkaam.wordpress.com/
• P http://fi.linkedin.com/in/jukkaam
• G http://www.linkedin.com/groups?homeNewMember=&gid=2836483
• T http://twitter.com/jukkaam
• T http://twitter.com/agilestrategy
• T http://twitter.com/coneadvisor
Slideshare
• S http://www.slideshare.net/JukkaAM
Paper.li jukkaam Daily & Agile Strategy Weekly
• P http://paper.li/jukkaam
• P http://paper.li/jukkaam/agile-strategy
© CONE ADVISOR 14
Value Proposition
Making Your Business Easy To Lead
• Together we create business easy to lead –
1. Visualization enhance shared understanding,
2. Interaction rise commitment to common goals,
3. Agility change the rules of business, and
4. Diversity enable new innovations.
© CONE ADVISOR 15
MAKING YOUR BUSINESS EASY TO LEAD
16© CONE ADVISOR