Business Model Innovation

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Business Model Innovation
Monil Hathi, Business Consultant, India

Hi, it would be great if we could start discussions on business model innovation and changes. The past decade has just scratched the surface of innovative business models. For management consultants, we require tools and methods that would help identify opportunties for business model innovation and also help to measure that. Currently there are very limited thought processes around this idea.
If you know of tools or methods to identify & measure business model innovation, please react. Thanks...

Servitization and Servitization
Joo, Hi-Yeob, Professor, Korea (South)
Hi, I agree with your opinion that the longitudinal change of business model will be a core issue soon. Servitization (product ⇒ service) and productization (service ⇒ product) could be a key to solve that issue. I think that long-time living companies (over 100 years) have some patterns (or cycle) between product and service.
Also understanding the convergence (level of technology, offering, business, industry) based on ICT can be the solution of business innovation change.

Business Model Innovator
Gerhard du Plooy, Consultant, South Africa
Hello Monil, I consider Alexander Osterwalter one of the pioneers in making business models and BM design understandable and exciting.

Business Model Innovation
Srinivasan N, Entrepreneur, India
@Gerhard du Plooy: The Business Model Canvas of Osterwalder and others is definitely a handy tool to quickly understand/communicate the business models going around this world. I find the subject hardly popular in India as of now. It will be nice if we can discuss here how we can spread awareness as I find it a very interesting tool that India needs to use more often.

Service Quality Innovation
Chivande, Lecturer, Zimbabwe
Even though busines model innovation is a new subject at all, it is best utilised in conjuction with service measurement in the service industries. It is a tool for creating value in service quality. I am doing a research on this type of BMI.


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