Business Model Innovation

‘Business Model Innovation’ - ‘ Competitive Advantage through Business Model Design and Innovation’

by Alexander Osterwalder, arvetica, Guadelajara, Mexico.

This is a very useful presentation on how you can innovate your own business model.

Slides 29 - 51 describes the core methodology!

An interview with Alexander Osterwalder.

Click here if you do not see the presentation above.

Another presentation, containing the business model of Amazon.com:

More on Business Strategy:

• 10 Favorite Books on Business Strategy
• Favorite books on Management Consultancy - LinkedIn Question
• Business Model Innovation
• Alignment: ‘everybody needs to understand the value of their role’
• Summary of the article ‘Partnering and the Balanced Scorecard’ by Robert Kaplan
• Strategy articles in the Harvard Business School website

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Recommended business books - using LibraryThing

Photo from ‘bcnbits‘ under Creative Commons rights.

I recommend some business books using the site LibraryThing.com.

It has some interesting features:

• tag cloud display
• rating
• adding a review and reading reviews of others
• tag cloud of all books in LibraryThing

Main benefit for me is to quickly see what books in a specific field have the best rating.

Combining these recommendations with those of amazon.com gives you further ideas on what books are best to buy!

Understanding Change Management: ‘Our Iceberg is Melting’

Harvard Business School Professor John Kotter talks about his book “Our Iceberg Is Melting” with a familiar friend (in a YouTube video), see below.

This is a great book, telling you a story.

Overview on Change Management

You will understand how to apply Change Management in your own business situation when you have read it!

• Reviews on Amazon.com
• Kotter’s book ‘Heart of Change’ is mentioned by manager-tools.com as one of their favorite books
• Our Iceberg is Melting site - contains some other great videos!
• Site of John Kotter
• John Kotter on How Change Is Changing
• Leading Change: Why Transformation Efforts Fail (full HBR article)

• Another ‘Change Iceberg’ - not related to the work of John Kotter; but useful!
• Change management forum
• Wikipedia on Change Management
• The McKinsey Quarterly, the business journal of McKinsey & Company - on Change Management

• Here is more on Business Strategy on this blog!
• Here is more on communication skills that you can use in Change Management projects!

The eight steps for change!

1. Establish a Sense of Urgency
2. Form a Powerful Guiding Coalition
3. Create a Vision
4. Communicate the Vision
5. Empower Others to Act on the Vision
6. Plan for and Create Short-Term Wins
7. Consolidate Improvements and Produce Still More Change
8. Institutionalize New Approaches

Video

Related posts:

March 23, 2008: Collaboration in large professional companies

On Business Strategy:

• 10 Favorite Books on Business Strategy
• Favorite books on Management Consultancy - LinkedIn Question
• Business Model Innovation
• Alignment: ‘everybody needs to understand the value of their role’
• Summary of the article ‘Partnering and the Balanced Scorecard’ by Robert Kaplan
• Strategy articles in the Harvard Business School website

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Do you have experiences and ideas on Change Management? Please feel free to use the comment field below!

‘The Tipping Point’

A great book: ‘The Tipping Point‘ by Malcolm Gladwell. From a review on Amazon.com:

‘Malcolm Gladwell, a staff writer for New Yorker Magazine, in The Tipping Point, writes a fascinating study of human behavior patterns, and shows us where the smallest things can trigger an epidemic of change.

Though loaded with statistics, the numbers are presented in a way that makes the book read like an exciting novel.

Gladwell also gives several examples in history, where one small change in behavior created a bigger change on a national level. He also studies the type of person or group that it takes to make that change.’

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What is Wikinomics? ‘How Mass Collaboration Changes Everything’

This is a great book that describes the impact of the new Web 2.0 internet, with all the new possibilities of mass collaboration.

It is written by Don Tapscott (Author), Anthony D. Williams (Author) .

Tapscott and Williams clearly show the major impact the Web 2.0 will have on Corporations.

‘From these principles Tapscott discusses the following actors:

• Peer pioneers who will create the new business models based on wikinomics (…).

• Ideagoras the creation of open forums where ideas are freely shared and developed (…)

• Prosumers who are a rising group of customers who will both produce and consume new products and services.

• New Alexandrians the ‘librarians’ who will bring people together (..).

• Platforms of Participation which is where the wiki economy will happen.

• Global Plant Floor recognizes that manufacturing has become more open and able to support mass customized products.

• Wiki Workplace the environment where people will collaborate in the future (…) ‘ (from Amazon.com)

Here are some useful reviews on Amazon.

Video interview with Don Tapscott (at ‘Authors at Google’ :

Video

Related posts:

• What is Web 2.0
• Gartner on Web 2.0
• Forrester Research on Web 2.0
• What is Wikinomics? ‘How Mass Collaboration Changes Everything’
• Enterprise 2.0 and Web 2.0
• On Facebook
• On Mashup’s
• Comprehensive list of Web 2.0 applications

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GTD - Getting Things Done!

GTD means : Getting Things Done

This is the title of a book written by David Allen. He describes effective Time management/ Priority management methods.

I have read several book on Time management in the past; but there is always room for improvement! It seems this is the most highly recommended book on this topic.

This is my own very positive experience with GTD!

From an Amazon.com review:

• ‘The essence of the process is that you write down a note about everything when you take on a new responsibility, make a new commitment, or have a useful thought. All of this ends up in some kind of “in” box.

• You then go through your “in” box and decide what needs to be done next for each item.

• For simple issues, this includes identifying the action you should take first and when to take it.

• For tougher issues, you schedule an appropriate time to work the problem in more detail.

• You organize the results of this thinking, and review your options for what you should be doing weekly.

Then you take what you choose to do, and act. Think of this process as the following five steps:

1. collect
2. process
3. organize
4. decide
5. act

From another summary:

After processing:

‘ Once everything is complied (the first time is is a one-to two day chore) you place it in a container:

1. Trash
2. Someday Maybe
3. Actionable

If it is ACTIONABLE. Decide which the next category:

1. Do it (if requires less than 2 minutes).
2. Delegate it.
3. Defer it (by calendar item or Next Action).
4. If it takes multi actions it goes into a Projects.

Recommendations:

• The authors of Manager-Tools.com think highly of this book.
• This is another post that summarizes GTD in a nice and simple way!

This is the website of the author David Allen. On this site (after registering), you can down some pretty good stuff, e.g.:

• additional articles on GTD
• mindmap giving an overview of GTD

This is a great video of David Allen at a Google conference explaining GTD! :

Video