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Sunday, May 17, 2015

Business Model Innovation

Not the same thing as BPM,  which I prefer because it deals with business specifics.  But in reading this, BMI could be a good place to start.  Perhaps linked to structural (Morphological) models of a business.  Lots to choose from.   Perhaps to understand the business specifics choices more exactly.

Distinct Approaches to Business Model Innovation by Ralph Ohr

Business model innovation (BMI) is becoming ever more important as it turns out increasingly difficult for companies to differentiate based on products and services alone. New business models are difficult for competitors to copy, not only because it takes considerable time and effort to build a new business model and simultaneously change several elements of an existing one, respectively. Moreover, a business model has to fit a company’s unique combination of strategy, culture and competencies in order to succeed. ...  " 

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