A Picture’s Worth a Thousand Words – stock photography & the shifting market

A Picture’s Worth a Thousand Words – stock photography & the shifting market

‘A picture’s worth a thousand words’, or so the saying goes.  It’s a phrase that is rumoured to have come from an ancient Chinese proverb and which became more prevalent in the 20th Century.  Whilst we’ve grown up used to seeing illustrated books, it’s a concept that has become even more powerful in the digital…

The Importance of Aligning Incentives in Business Model Generation

The Importance of Aligning Incentives in Business Model Generation

One of the key elements of successful business model generation is to align the incentives with the customer and/or users’ desired outcomes.  If we stop and think about services that we like and come back to then it’s highly likely that the performance that we enjoy is underpinned by incentives that align with our desired…

User Centric T&Cs - a fundamental for transparency, trust, & success

User Centric T&Cs – a fundamental for transparency, trust, & success

How often do you read the T&Cs before agreeing to install software, download some content, or access free WiFi?  Let’s face it very few people, if any, do.  And if you do, you’d have to wade through the equivalent of a short novel written in what seems to be another language. There’s an interesting technology…

Business Model Transformation - an R&D investment?

Business Model Transformation – an R&D investment?

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…

Broadcasting's increasingly blurred - the challenges facing the TV business model

Broadcasting’s increasingly blurred – the challenges facing the TV business model

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…

Defining innovation - what does it mean for functional professionals?

Defining innovation – what does it mean for functional professionals?

‘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…

So you think you're innovative? Prove it!

So you think you’re innovative? Prove it!

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…

Food for thought - retailing business models

Food for thought – retailing business models

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…

Are you a 'digital native' - and how would you know?

Are you a ‘digital native’ – and how would you know?

The term ‘digital native’ is increasingly being used to describe a set of skills that organisations look to have throughout their teams.  But how many organisations have really thought through what they actually mean?  Having asked a few people what they mean, my rough and ready research would lead me to believe that there is…