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Seven Steps to Business Model Innovation

Recently, I ran a webinar with organisational strategist Norman Chorn on Business Model Innovation. It was an extension to the Book Rapper issue The Business Model Game, as derived from Alexander Osterwalder and Yves Pigneur’s fabulous book Business Model Generation. Whilst the plan was to share our full recording, Camtasia has spat the dummy again […]

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Four Ways to Fuel Innovation

Derived From James Surowiecki, Wisdom of Crowds 1 : Redefine Success To spark an innovation revolution in your industry redefine what a successful product or service should look like. Raise the bar or shift the game sideways. 2 : Diversify Sponsors A diverse range of innovation sponsors is essential to encourage and promote a diverse […]

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Double Sided Innovation Example 2: Radio

Derived From James Surowiecki, Wisdom of Crowds Radio In the early days of radio three companies in the US dominated – American Marconi, NESCO and De Forest Wireless Telegraphy. Each of these companies had very different approaches to how to develop and distribute radio. More interestingly each of these companies was sponsored in different ways: […]

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Double Sided Innovation Example 1: Motor Cars

Derived From James Surowiecki, Wisdom of Crowds PROFIT : Here’s a couple of examples – historical and everyday that highlight the double-sided nature of innovation. Motor Cars At the turn of the 20th Century there were more than 500 car manufacturers putting out a wide range of solutions. These included steam driven cars, electric powered […]

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The Forgotten Side of Innovation – Side 2

Derived From James Surowiecki, Wisdom of Crowds Step 2: Sponsor Ideas The second step for innovation is for the ideas to be adopted, sponsored and championed by a diverse audience. The archenemy of a creative idea is an audience who doesn’t perceive it’s true value and the result is that everyone takes the same approach. […]

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Double Sided Innovation – Side 1

Derived From James Surowiecki, Wisdom of Crowds PROFIT : Most innovation programs only focus on one half of the problem – generating ideas. However, without the fundamental second step of having a diversity of sponsors to bring a range of ideas to life, you may be killing off your best opportunities. Here’s how to include […]

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Seth Says: Start a Book Club

Seth Says: Start a Book ClubSeth Godin is one of the most popular bloggers on the planet. Each day you get a slice of wisdom worth contemplating. In his most recent post, “Is it too late to catch up?” he outlines a simple plan to get your organization up to speed in the digital media […]

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