The current economic turbulence is a wake-up call to businesses of all sizes: it's time to innovate, become more efficient, and more resilient, and find new sources of growth. There are many ways to achieve these goals by improving existing business models.
So in this book, you will learn about Business Models: what are the different components of a business, its "system", and how it works. The Business Model Canvas is a great tool to map out and get an overview of how a business works.
You will also learn about business model innovation strategies and especially the "new" types of innovation used by startups and large corporations such as Design, Customer Niches, Sales & Delivery Channels, Customer Engagement, Processes, and Revenue Models. They will help you to find new sources of growth for your business and differentiate it from the competition. We will illustrate all these innovative techniques using dozens of recent examples from startups, small and medium businesses, and large corporations.
For all the innovation strategies that we mention, we provide dozens of examples of startups, small and medium businesses, and large corporations and how they apply them. This Business Model Innovation book will give you many strategic insights into some of the best and most innovative business practices. You will be able to analyze any business, whether it is your own, the company you work for, or any other company, and brainstorm innovative ideas to accelerate its growth using business model innovation techniques.