Tag: business model innovation

Reap a Competitive Advantage with Effective Business Model Innovation

Business model innovation is a fundamental restructuring of the beliefs that underlie existing ways that businesses create value. In other words, business model innovation can be disruptive, toppling long-held beliefs about how customers get what they want. Back in the era of VHS tapes, nobody even considered mailing people the videos they wanted to rent. … Continued

3 Key Innovation Lessons from Tesla Motors

Tesla isn’t the only car manufacturer nor the first one to try to popularize the electric car. The electric car wasn’t just one of the top engineering feats of the past half-century, it has also been an uphill climb in terms of public acceptance. While doing right by planet Earth is an attractive concept, doing … Continued