Why Lengthy Business Plans Increase The Risk Of Failure

Added on by Alexander Osterwalder.

Business plans are great for execution challenges like building a new factory or expanding your sales force. However, insisting on a business plan when it comes to innovation and new ventures is a terrible idea. In fact, lengthy business plans often increase the risk of failure. Let me explain and offer an alternative.

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“Innovation” is dead. Long live “innovation”.

Added on by Alexander Osterwalder.

Let’s face it, the word “innovation” means nothing on its own anymore. We use the word so much--R&D, technology innovation, business process innovation, business model innovation, product innovation, etc.--that the core of its meaning has been lost or blurred. It might seem academic to discuss the meaning of this word, but it actually has substantial implications for innovation strategy. Let me explain

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How W.L. Gore & Associates Uses 10 Week Rapid Innovation Sprints To Uncover New Areas Of Growth

Added on by Strategyzer.

W.L. Gore & Associates is uncovering ways to accelerate growth through fast paced customer discovery and business model innovation. This in-depth Q&A will show you how rapid Innovation Sprints with Strategyzer tools and techniques are helping the team at Gore to facilitate new areas of growth and to develop products that customers really want.

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Discussion: How Can An Established Business Collaborate With Its Innovation Engine?

Added on by Strategyzer.

In this StratChat episode, renowned professor and author Henry Chesbrough discusses the importance of collaboration between the existing business and its innovation engine. Listen to how both parts of the business can work together, instead of in conflict with each other. 

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Learn By Example: Our Essential Video Cases To Help You With Business Model Innovation

Added on by Strategyzer.

Our Strategyzer video cases have helped thousands of viewers understand business model and value proposition design through real-life company examples. They’re also a great way to brush up on using the Business Model & Value Proposition canvas to communicate strategic thinking. These videos are about more than our tools, they're about visualizing stories to clarify and simplify strategic conversations. 

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Discussion: Toby Reid On Customer-Centric Healthcare Business Development

Added on by Strategyzer.

At our last Strategyzer webinar session, BioCity managing director Toby Reid shared insights on how customer discovery is influencing healthcare business development. In this StratChat episode, Toby Reid continues the conversation and shares tips on talking to your customers to test new business ideas, even for an industry like healthcare. 

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Strategyzer Webinar: How To Facilitate Strategic Conversations With Visuals

Added on by Strategyzer.

Strategyzer collaborator Holger Nils Pohl and Strategyzer co-founder Alex Osterwalder are hosting an interactive session on how to use visuals to facilitate clear and simple strategic conversations. We’ll even show you a few visual sketching tricks to get you started--so have a pen and paper handy. RSVP to take-in concrete tips on developing thoughts, concepts, and ideas through visuals. 

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Madhavan Ramanujam Shares 3 Common Pricing Mistakes Companies Make With Products & Services

Added on by Kavi Guppta.

Even if you’re having conversations about pricing early on with your customers, there are still ways your company can go wrong. We pulled out 3 common pricing mistakes to avoid that Madhavan Ramanujam, co-author of Monetizing Innovation recently shared with Strategyzer. Watch out for these mistakes.

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11 Corporate Habits That Kill Your Company’s Innovation Engine

Added on by Alexander Osterwalder.

Big companies have great execution habits to manage and improve proven and successful business models and value propositions. But those execution habits can easily kill any potential new growth engines inside the corporation. In this post we break down the 11 corporate habits killing your company’s innovation engine. How are you avoiding them? 

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Webinar Replay: Customers & Canvases In Healthcare Business Development

Added on by Strategyzer.

If you missed our last Strategyzer Webinar, no sweat! A recording of the session is available for you here. Watch as Strategyzer co-founder Alex Osterwalder and BioCity managing director Toby Reid discuss the importance of customer discovery within the healthcare industry. 

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