Advantages of a business model innovation in competition
Companies invest large sums in research and development in order to be able to compete with innovative technologies and products. However, this is often no longer sufficient to differentiate oneself and to be among the best on the market. Business model innovations can play a key role here in making technological innovations sustainably profitable. Business model innovation versus inve...
Business model innovation: obstacles and success factors
Successful companies have always changed fundamentally in order to remain successful - rigid companies have failed. In this blog post you will learn which barriers prevent business model innovation and which factors lead to success. Mental barriers prevent business model innovation Innovative products alone are no longer a guarantee for the survival of a company. The decline of formerl...
What is Business Model Canvas and how does it work?
With the Canvas business model you can visualize and test your business model, which is an indispensable step when developing a business model innovation. Read in this blog post what the business model Canvas is, how it works and what advantages it offers you. What is Business Model Canvas? Roughly translated, the technical term "business model canvas" means that you can clearly presen...
How the sharing economy is changing business models and products
Benefit instead of owning is the new motto of the consumer society. The sharing economy is changing business models and products disruptively - in all industries. Read in this blog entry which chances but also risks the sharing economy holds ready for each of us. We borrow skis from the sports shop. We rent our apartment via AirBnB to holidaymakers. We trade fashion for Kleiderkreisel....
