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innovation lessons from bees
don’t get netflixed
A FEW GUIDING QUESTIONS
WHAT IS YOUR
ORGANIZATION’S
CURRENT BUSINESS MODEL?
IS IT SUSTAINABLE?
ARE YOU DOING R&D
FOR NEW
BUSINESS MODELS?
THE GOOD NEWS
Innovators thrive during turbulent times.
THE bad NEWS
Innovation has become a buzzword.
BELOW THE BUZZwords
a simple definition:
Innovation is a better way
to deliver value.
Invention vs. innovation
massive/
breakthrough
significant/
intermediate
marginal/
incremental
qualitative/
perceptual
additive/
complimentary
displacing/
substitute
systematic/
Wide ranging
disruptive/
new system
capability innovation
productinnovation
better
mouse
trap
tweaks
new paradigm
for
controlling mice
better way to
create, make, and
sell today’s
mouse trap
why business model innovation matters
A business model is a story of how an
organization creates, delivers, and captures value.
a simple definition:
A business model is a story of how an organization
creates, delivers, and captures value.
Story of how an organization creates,
delivers, and captures value.
operating model
financial model
customer
experience
targets
segmentation
experience mapping
unmet need
value proposition
revenue, pricing, costs, capital
capability A
capability b
capability c
capability d
technology
processpeople
10 reasons companies fail
At business model innovation
1 2 3 4 5 6 7 8 9 10
10 reasons companies fail
At business model innovation
CEOs don't really want
a new business model.
1
10 reasons companies fail
At business model innovation
Business model innovation will
be the next CEO's problem.
2
10 reasons companies fail
At business model innovation
Product is king.
Nothing else matters.
3
10 reasons companies fail
At business model innovation
Information technology is only
about keeping the trains moving
and lowering costs.
4
10 reasons companies fail
At business model innovation
Cannibalization is
off the table.
5
10 reasons companies fail
At business model innovation
Nowhere near enough connecting
with unusual suspects.
6
10 reasons companies fail
At business model innovation
Line executives hold
your pay card.
7
10 reasons companies fail
At business model innovation
Great idea, what's the ROI?
8
10 reasons companies fail
At business model innovation
They shoot business model
innovators, don't they?
9
10 reasons companies fail
At business model innovation
You want to experiment in the
real world; are you crazy?
10
How can we accelerate the pace of
business model innovation?
How do we help organizations create new,
networked business models that deliver
solutions to the big problems of our day?
Business Model Innovation
ORGANIZATIONS NEED A SAFE AND
MANAGEABLE ENVIRONMENT TO
EXPLORE AND TEST NEW
BUSINESS MODELS.
R&D for new business models
Unmet need…
number of users
cost($)
benefit
costs
lower
cost
net
cost
fewer
users
getting to the network effect
faster & cheaper
BIF: The Real World Lab
An actionable platform for business model
experimentation in areas of social importance
including health care, education, government, and
entrepreneurship.
STUDENT ENTREPRENEUR
PATIENT CITIZEN
BIF Experience Labs
CONNECT INSPIRE TRANSFORM
15
business
model
innovation
principles
CONNECT INSPIRE TRANSFORM
15
business
model
innovation
principles
CONNECT INSPIRE TRANSFORM
15
business
model
innovation
principles
Kaplan tweaks-to-transf-prez-2 (1)

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Kaplan tweaks-to-transf-prez-2 (1)