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Leading in a New Direction - 3 Techniques for Thinking up New Business Ideas

Great Leadership By Dan

No late fees, as a business model where the renter must replace each returned DVD benefits from tardy returns. ? By reversing the conventional assumptions, a radically different business model has emerged which happens to be the one Netflix has deployed to great success. Incubation’ is more than just ‘sleeping on it’.

Incubator 238
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Understand Your Entrepreneurial Superpower

Skip Prichard

The city was buzzing with excitement, with startups popping up everywhere, and events and pitch nights hosted by new incubators hoping to attract investors. We’ve seen that entrepreneurs learn by example, by seeking out strong role models. They glean how others tackle business opportunities, and then get out there and prototype.

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Kill Your Business Model Before It Kills You

Harvard Business Review

This vignette raises a key leadership question: Why do leaders wait too long to modify or abandon their business models? Even a company as sophisticated as GE waited too long to reorient its lighting business away from incandescent bulbs. These businesses now make up more than half the company.

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Light the Fire and Clear the Path

Mills Scofield

In Jon Mertz’s new book, Activate Leadership: Aspen Truths to Empower Millennial Leaders , Jon talks about Soul Sparks: “Soul sparks are those small ignitions of inspiration that fan into big changes, new directions, or fresh works. MED tried to grow into other emerging markets, but no viable business model emerged.

Mentor 70
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Light the Fire and Clear the Path

Mills Scofield

In Jon Mertz’s new book, Activate Leadership: Aspen Truths to Empower Millennial Leaders , Jon talks about Soul Sparks: “Soul sparks are those small ignitions of inspiration that fan into big changes, new directions, or fresh works. MED tried to grow into other emerging markets, but no viable business model emerged.

Mentor 70
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Indian Tales of Inclusive Business Models

Harvard Business Review

He has challenged Indian companies to come up with inclusive business models that deliver more value at less cost for more citizens — be it in agriculture, healthcare, education, energy, or financial services. Today, however, that old model is being retired.

article thumbnail

Kill Your Business Model Before It Kills You

Harvard Business Review

This vignette raises a key leadership question: Why do leaders wait too long to modify or abandon their business models? Even a company as sophisticated as GE waited too long to reorient its lighting business away from incandescent bulbs. These businesses now make up more than half the company.