Business Model Innovation
Business Model Innovation is the strategic process of fundamentally altering how an organization creates, delivers, and captures value. Rather than focusing solely on developing new products or services, this form of innovation reconfigures the core logic of the business itself, often by changing key elements such as the value proposition, revenue streams, cost structure, or customer channels. By redesigning these foundational components, companies can unlock new markets, create a sustainable competitive advantage, and effectively respond to or drive industry disruption, making it a critical discipline within modern innovation management for both startups and established enterprises.
- Introduction to Business Model Innovation
- Understanding Business Models
- Understanding Innovation
- Defining Business Model Innovation
- The Strategic Importance of Business Model Innovation