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By: Vadim Kotelnikov

Inventor and Founder

Ten3 Business e-Coach

1000ventures,   1000advices.com

Insbeco icon      Innovarsity icon   Success360 icon   1world1way icon

Author of the Smart & Fast mini-courses

Great business is a daring vision of a passionate and creative victor, not a blueprint by a consultant.

 

Business Model Economic Value Added (EVA) Business Model Economic Value Added Corporate Capabilities Resource-based Model Innovation

 

 

 

Business Model vs. Revenue Model

  1. A Business Model is the umbrella term used to describe the method – position in the value chain, customer selection, products, pricing – of doing business.

  2. A Revenue Model lays-out the process by which a company actually makes money by specifying how it is going to charge for the services provided.

Business ModelInnovationCustomer Value PropositionCompetitive StrategiesValue Chain ManagementMarket SegmentationGrowth StrategiesRevenue ModelEconomic Value AddedInnovation Ten3 Business e-Coach at 1000ventures.com Ten3 Business e-Coach at 1000ventures.com

 

 

New Business Models

The Tree of Business

6Ws of Corporate Growth

Customer Success 360

The Tao of Business Success

Top 10 Forces Behind New Business Models

3 Strategies of Market Leaders

Sustainable Competitive Advantage

Inspiring Corporate Culture

Radical Innovation

The Jazz of Innovation

Corporate Leader

Business Architect

What is Business Model?

Business model converts innovation to economic value for the business.

The business model spells-out how a company makes money by specifying where it is positioned in the value chain. It draws on a multitude of business subjects including entrepreneurship, strategy, economics, finance, operations, and customer success.

In the most basic sense, a business model is the method of doing business by which a company can sustain itself – that is, generate revenue.

Customer Focus

Exceptional customer service results in greater customer retention, which in turn results in higher profitability.

Sadly, mature companies often forget or forsake the thing that made them successful in the first place: a customer-centric business model. They lose focus on the customer and start focusing on the bottom line and quarterly results. They look for ways to cut costs or increase revenues, often at the expense of the customer. They forget that satisfying customer needs and continuous value innovation is the only path to sustainable growth. This creates opportunities for new, smaller companies to emulate and improve upon what made their bigger competitors successful in the first place and steal their customers... More

New Dynamic Business Models

In some cases the innovation rests not in the technology or product or service, but in the business model itself.

Systemic Innovation: 7 Areas

Business model is a broad-stroke picture of how an innovative concept will create economic value for the ultimate user, for the firm and its shareholders and partners. It considers the infrastructure required to move the product/service to the market in a manner that it both easy and convenient for customers and profitable for the firm.

In the new economy of unrelenting change and competition, your face a daunting challenge: how to sustain the business model of your firm. No matter how bulletproof it is, it will be challenged by new business models. The new reality is that business models have shorter shelf life. You must constantly attempt to discover new business models if you hope to survive and grow... More

Protect Your Business Model

Business models have taken on greater importance recently as a form of intellectual property that can be protected with a patent. A number of business method patents relevant to e-commerce have been granted. But what is new and novel as a business model is not always clear.

Some of the more noteworthy patents may be challenged in the courts.4

The Role of the Business Architect

It takes a smart business architect  to take an innovative business idea into a successful venture and achieve lasting business success Business architects are cross-functionally excellent people who can tie several silos of business development expertise together, create synergies, and then lead people who will put their plans into action.

Business architect initiates new business ventures or leads business innovation, designs a winning business model, and builds a sustainable balanced business system for a lasting success... More

 

 Case in Point  Xerox Corporation

Xerox Corporation's early days in the copy machine business with its Xerox Model 914 copier illustrate the importance of the business model. Xerox invented and innovative business mode and revenue model to bring its innovative product to market successfully. As a result, Xerox sustained a compound annual growth rate of 41% over a 12 year period. Without this business model, Xerox might not have been successful in commercializing the innovation.

To accelerate its production printing services business, Fuji Xerox opened "epicenter“ in 2004. The epicenter provides highly professional services to innovate the digital printing business. It incorporates a collection of Fuji Xerox's digital printing systems to replicate various production applications, serves as a new business model, and acts as a collaboration space with outside business partners. The name, epicenter, conveys the tectonic change that the Company is offering through the new added values of digital printing, to cultivate the new publishing business era.

NEW BUSINESS MODELS (Ten3 Mini-course)

 

 

 

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