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How the Internet of Things Changes Business Models

Harvard Business Review

As the Internet of Things (IoT) spreads, the implications for business model innovation are huge. Filling out well-known frameworks and streamlining established business models won’t be enough. Albert Shum , Partner Director of UX Design at Microsoft, notes: “Business models are about creating experiences of value.

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When Rising Revenue Spells Trouble

Harvard Business Review

Leaders at Kodak, Blockbuster, Research in Motion, Digital Equipment, and, perhaps now, Best Buy can explain that one of the toughest challenges about responding to disruptive change is that the full financial impact only appears when it’s too late to respond in any material way. Disruptive innovation Innovation'

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Kodak’s Downfall Wasn’t About Technology

Harvard Business Review

Today, the term increasingly serves as a corporate bogeyman that warns executives of the need to stand up and respond when disruptive developments encroach on their market. Given that Kodak’s core business was selling film, it is not hard to see why the last few decades proved challenging. Consider Fuji Photo Film.

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Why Consumer Tech Is So Irritatingly Incremental

Harvard Business Review

Tesla, Nespresso, and Geox are current successful examples of such high-end disruptions. How often have you seen a firm revolutionize an industry by creating a superior product using a new business model? Digital photography is far more convenient than developing film. But how common is this phenomenon today?

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The Inevitable Disruption of Television

Harvard Business Review

The fact of the matter is that periodically, technologies or business model innovations allow start-ups to enter industries offering services that are generally cheaper and more accessible, but of far lower quality. This is the essence of what we call "disruptive innovation." The ecosystem will develop.

Rogers 15
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If Ford Wants to Beat Tesla, It Needs to Go All In

Harvard Business Review

It poses a threat to carmakers’ business model of selling people cars. This is a play straight out of Clay Christensen’s disruption playbook. As Ford CEO, Mark Fields, explained to The Verge : “Our approach is to first disrupt ourselves.” But at least they have a clear target.