Filtering by Tag: Strategyzer Tools

Space as a Business Model Arena

Added on by Strategyzer.

This month marks the 50th Anniversary of the Apollo 11 Moon Landing. In the spirit of such a momentous event we thought we’d take a look at space, not as the final frontier, but as a business model arena. Space has become a rapidly expanding, accessible economy - so if you wanted to be an astro-preneur, what components of the arena would you need to consider before launching your space business?

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Innovation Labs Should Not Be A Home For Homeless Ideas

Added on by Tendayi Viki.

In a bid to avoid the stifling bureaucracy within their company, intrapreneurs often create innovation labs that are separate units from the main organization. Not only do they seek to be physically separate but they also actively avoid aligning the work they do in the lab with the strategic goals of their company. While this may provide an initial, positive feeling of freedom to be creative, it is not a good long term strategy for sustaining innovation.

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Innovation Project Scorecard: Evidence Trumps Opinion

Added on by Tendayi Viki.

The focus should not just be on products and services when running experiments to test new business ideas. Our focus should be on assessing if we are making progress from our initial idea to a profitable business. Teams need to show hard evidence that a market exists and customers are interested (i.e. desirability), that the required infrastructure can be built and managed (i.e. feasibility), and evidence that the projected revenues and profits are not a fantasy (i.e. viability).  We developed a tool to assess the progress that innovation teams are making in their quest to find business models that work.

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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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