3. Business model innovation approach
Before beginning this third section on business model innovation, it's essential to point out that there is no single, tried-and-tested approach. Every organization that has innovated its business model has followed its own path, with varying degrees of effectiveness, efficiency and success.
However, even if there is no "miracle recipe" for business model innovation, it is possible to identify common features among known feedbacks, which can be used to identify the constituent elements of what could be a business model innovation approach. This is the subject of the following paragraphs.
3.1 Two different business model innovation situations
When it comes to business model innovation, we first need to distinguish between two very different...
The Ultimate Scientific and Technical Reference
This article is included in
Management and innovation engineering
This offer includes:
Knowledge Base
Updated and enriched with articles validated by our scientific committees
Services
A set of exclusive tools to complement the resources
Practical Path
Operational and didactic, to guarantee the acquisition of transversal skills
Doc & Quiz
Interactive articles with quizzes, for constructive reading
Business model innovation approach
Conclusion
Bibliography
Websites
BENNETT (N.), LEMOINE (J.) – What VUCA Really Means for You – HBR https://hbr.org/2014/01/what-vuca-really-means-for-you
BALMISSE Gilles and MEBARKI (F.) – Data and business model – IT Expert – 2016
Standards
- Innovation management – Guide to implementing an innovation management approach - FD X50-271 - 12-13
- Innovation management – Part 1: Innovation management system - XP CEN/TS 16555-1 - 8-14
The Ultimate Scientific and Technical Reference
