Closely following Alex’s the Business Model Generation and Mark Johnson’s Seizing the White Space; “Rethinking business model for innovation” edited by valĂ©rie chanal and contributed by a host of experts puts together lessons learnt from entreprerneurial projects. This one comes from France and has an authentic and deep flavor of inquiry into business model innovation
Successful businesses are not just about product or service offerings, but about the change they bring in the way customers get the things done. This is accomplished by changing the DNA of the business and the approach is called Business Model Innovation. A case in the point is the software development industry. There are not
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The first thing expected of a budding entrepreneur is about ones clarity in understanding how the value is created, delivered and captured by the business. Since a business comprises a set of inter-related subsystems, it is essential that entrepreneurs have a good visualization of the flow of value and therefore, the flow of money. It
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