The difference between winners and losers is often that winners are able to see opportunities and position themselves to take advantage of them better than others in the market. Increasingly, positioning to take advantage of new opportunities can include the need to achieve business model transformation. We don’t have to look too far for examples of…
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I remember my first few days in the world of work vividly. I had joined British Aerospace as an Undergraduate Engineer and spent a year in industry before going to university. In my first days as an ‘engineer’ we spent time being taught and practising engineering drawing which in those days was physical, involving a…
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In a world where we’re increasingly expecting increasingly high definition in relation to the content that we consume, the TV business model is becoming increasingly blurred. In a recent case in the US, the Supreme Court decided that Aereo’s business model was no different to a cable provider, despite the difference in technology, and therefore…
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‘Innovation’, ‘big data’, ‘the cloud’, ‘sustainability’, and the list goes on. Business loves buzzwords. There’s no two ways about it, every technology wave, or generation has it’s lexicon. I came across a great quote from Henry Ford’s autobiography in which he speaks about ‘making to order’: Ask a hundred people how they want an article…
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In the digital world that we live in we’re surrounded by more information than we’ve ever had before with much of it perceived as ‘free’. With the internet of things this growth is likely to continue. One of the biggest challenges in terms of business models that many companies are challenged with is how do…
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Are you really walking the talk? Can you measure your actions and see improvements? This article reveals survey results that cover issues like these — results that might inspire a second look at your organization… As organizations, we believe the future of the professions we represent will be greatly enhanced by our ability not only…
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We’re probably all aware of the concept of ‘six degrees of separation’. That we are all connected by six or fewer steps. From a human perspective, in a world of 7+ billion people it sounds far fetched, however, having completed a course on social and economic networks I’ve seen the mathematical proof and been forced…
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How much impact do you have on the world around you? Have you ever stepped back and thought about how many of the ‘good ideas’ you have directly or indirectly turn into reality? If you haven’t then I’d suggest that you invest a couple of minutes in reading on to understand a couple of small…
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Today is a big day in the UK with the Chancellor’s budget speech. Whilst he will be laying out what is a set of political policies, much of the proverbial ‘column inches’ will be focused on the underpinning economic facts, figures, and assumptions. In a recent post (‘Are you a ‘digital native’ – and how…
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It’s possible that the food retailing business models reached a public tipping point today with the announcement by Morrisons that they had adjusted their strategy to compete more directly with the discount players. Another of the large traditional players Tesco also recently indicated that they were also adjusting their profitability aspirations. The market has been…
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