The Business Model Innovation Factory. How to Stay Relevant When The World is Changing

  • ID: 2218407
  • Book
  • Region: Global
  • 240 Pages
  • John Wiley and Sons Ltd
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Praise for The Business Model Innovation Factory

"To be competitive and stay competitive in today′s business environment, you have to be fast on your feet. Saul Kaplan knows how to take innovation from napkin sketch to market share, and in this book, he teaches you exactly how to create your own ′innovation factory′ from scratch. But be careful: once you start working with these ideas, it might be hard to stop!"
Daniel H. Pink, author of Drive and A Whole New Mind

"Saul Kaplan, the innovator′s innovator, shows you how to transform the sense of what′s possible in your field, whether you′re running a company or leading a community. If you want to win big, you have to change the game. This inspiring and instructive book is a game plan for game–changers."
William C. Taylor, Co–Founding Editor, Fast Company, and author of Practically Radical

"Saul gets below the buzzwords of innovation and provides an inspiring and actionable road map to help transform how any organization creates, delivers, and captures value. The Business Model Innovation Factory is a must–read for any leader who wants to deliver innovation in the twenty–first century."
Tony Hsieh, author of Delivering Happiness and CEO, Zappos.com, Inc.

"New products and tweaks to your current business model are not enough in today′s environment. You need a way to continuously test new ideas and markets. Creating the ′business model innovation factory′ described in Saul′s book is the next step for any leader who wants to stay ahead of a changing world."
Alex Osterwalder, coauthor of Business Model Generation

"Saul Kaplan is a one–man business model innovation factory! Every established leader and budding entrepreneur needs to read this book to find the way to real market–making innovation. Buy it, read it, do it!"
Alan M. Webber, Co–Founding Editor, Fast Company, and author of Rules of Thumb

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Acknowledgments xi

Introduction xiii

I What You Have Always Done Isn′t Working Anymore 1

1 Don′t Get Netflixed: Your Current Business Model Isn′t Going to Last Much Longer 3

Blockbuster Gets Netflixed 5

Even Netflix Is in Danger of Being Netflixed 10

2 Business Models 101: Creating, Delivering, and Capturing Value 17

How Does Your Company Create Value? 19

How Does Your Organization Deliver Value? 21

How Does Your Organization Capture Value? 29

Putting the Entire Business Model Story Together 32

3 Why Organizations Fail at Business Model Innovation 35

10 Reasons Companies Fail at Business Model Innovation 40

II Connect, Inspire, Transform: 15 Business Model Innovation Principles 51

4 Connect: Business Model Innovation Is a Team Sport 55

Principle 1. Catalyze Something Bigger Than Yourself 55

Principle 2. Enable Random Collisions of Unusual Suspects 60

Principle 3. Collaborative Innovation Is the Mantra 64

Principle 4. Build Purposeful Networks 68

Principle 5. Together, We Can Design Our Future 72

5 Inspire: We Do What We Are Passionate About 77

Principle 6. Stories Can Change the World 77

Principle 7. Make Systems–Level Thinking Sexy 81

Principle 8. Transformation Is Itself a Creative Act 84

Principle 9. Passion Rules Exceed Your Own Expectations 87

Principle 10. Be Inspiration Accelerators 90

6 Transform: Incremental Change Isn′t Working 95

Principle 11. Tweaks Won′t Do It 95

Principle 12. Experiment All the Time 99

Principle 13. Off the Whiteboard and into the Real World 102

Principle 14. It s a User–centered World Design for It 108

Principle 15. A Decade Is a Terrible Thing to Waste 110

III Creating a Business Model Innovation Factory 115

7 R&D for New Business Models 117

Innovate through Connected Adjacencies 119

8 Leading and Organizing a Business Model Innovation Factory 131

Staffing a Business Model Innovation Factory 134

Skills and Experience to Staff a Business Model Innovation Factory 137

Wanted: Business Model Designers 142

Resourcing a Business Model Innovation Factory 143

Overcoming the Politics of Business Model Innovation 145

9 Experimenting with Business Models in the Real World 149

Give Me Rhode Island 154

A Better Place 157

Putting the Customer in the Business Model Driver Seat 163

IV Business Models Aren′t Just for Business 165

10 Nonprofits Have Business Models Too 167

11 R&D for New Social Systems 179

Measure Innovation Outputs 181

Education Rant 183

12 What′s Your Personal Business Model? 191

Stay on a Steep Learning Curve 193

Embrace Vulnerability 195

Blessing and a Curse 197

About the Author 201

Index 203

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SAUL KAPLAN is the founder and chief catalyst of the Business Innovation Factory (BIF), a real–world laboratory for exploring and testing new business models and social systems. BIF has attracted a global community of over 5,000 innovators and organizes the internationally renowned BIF Collaborative Innovation Summit. Saul shares his innovation musings on Twitter (@skap5) and his blog (It′s Saul Connected), and as regular contributor to theHarvard Business Review,Fortune, andBloomberg Businessweek.
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