Filtering by Tag: Business Tools

Testing New Business Ideas: Learnings From Owlet [Part 2]

Added on by Frederic Etiemble.

In our first post on key learnings from Owlet we saw how the first few weeks of their entrepreneurial journey illustrate two critical principles: i)  trusting the testing process, not your initial vision and ii) testing desirability first. Let’s come back to OWLET to see how they exemplify three more of our convictions when it comes to de-risking new business ideas.

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Business Model Evolution Using the Portfolio Map

Added on by Alex Osterwalder & Yves Pigneur.

We have been developing our Business Model Portfolio Map for our new book, The Invincible Company. Like all of our tools, we have found that the Portfolio Map is a great storytelling tool. It can be used to show the evolution of a company’s business model  over its lifecycle by measuring risk vs return.

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Entrepreneurship and the Business Model Canvas in Unlikely Places

Added on by Lauren Eve Cantor.

Entrepreneurs are often thought of as trailblazers, job creators and economic boosters. The skills entrepreneurs derive from building their business ideas often trickle down into how they build their lives and interact with society. What if we could instill the confidence of an entrepreneur into the most isolated in our society? One shining example is the Leonhard program which teaches Innovation and Business Creation in prisons in Germany and uses the Business Model Canvas as a tool for innovation.

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Strategyzer Masterclasses: Learn What It Takes to Create a World-Class Innovation Engine

Added on by Alexander Osterwalder.

Learning by doing can help you innovate successfully and hosting the Strategyzer Masterclasses are among my favorite engagements for creating a hands-on innovation experience. It’s incredibly rewarding to help participants understand state-of-the-art of innovation practices and apply them successfully in their own companies.

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Innovation Workshop with Future CEOS (aka Kids)

Added on by Alexander Osterwalder.

Last week my 12-year-old daughter and I taught 50 kids (6 to 12-year-olds) business model design:  using Strategyzer tools to build an ice cream shop. I truly believe that this type of “entrepreneurship appreciation” should be an essential part of any basic school curriculum.

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