Harvard Business Review

JANUARY 5, 2011

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.

Business Model 15

Business Model Bottom-up Entrepreneur Incubator 15

Harvard Business Review

OCTOBER 2, 2012

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.

Business Model 8

Business Model Incubator Supply Chain Welch 8

Harvard Business Review

JUNE 23, 2015

Technology has forced music artists to completely rethink the way they approach their businesses. The most successful artists in this new landscape have begun to look at new business models and new industries to strengthen their existing brands. Enter Harvard Business School. We’ve all had to adapt.

Business Model 8

Business Model Merchandising Restructuring Fashion 8

Harvard Business Review

SEPTEMBER 11, 2017

One of the quickest ways to sort innovation ideas is to use the McKinsey Three Horizons Model. Horizon 1 ideas provide continuous innovation to a company’s existing business model and core capabilities. Everything on that canvas is a hypothesis, and the I-Corps model is designed to test each one.

Process 13

Process Innovation Incubator Committee 13

Harvard Business Review

MAY 24, 2012

Nothing breeds copycats like a successful business venture. When a new business idea is incubated and executed successfully, cloners naturally emerge and imitate. So, from business books to business schools and corporate boards, everyone is talking about innovation.

Innovation 15

Innovation Incubator Venture Capitalist Entrepreneur 15

Harvard Business Review

FEBRUARY 23, 2018

” You aren’t alone; while most organizations talk the talk of sustainability — doing things like integrating environmental and societal concerns into their business models — very few walk the walk. My framework for creating such sustainability ownership has three phases: incubate, launch, and entrench.

Incubator 10

Incubator How To Real Estate Business Model 10

Rajesh Setty

SEPTEMBER 27, 2011

a distributed, democratic model of capitalism. SM: Every incubator you look at takes pride in how exclusive they are. We want every entrepreneur to have access to our curriculum and incubation services, and give them an opportunity to build their businesses, irrespective of the scale of their entrepreneurial aspirations.

Entrepreneur 54

Entrepreneur Stage-Gate Finance Incubator 54

Harvard Business Review

MAY 31, 2011

companies produce the batteries required for price-competitive electric vehicles that can truly shift the market? Perhaps it is here, and not in Americans' two-car garages, where the large early market for advanced battery technology resides. The Chinese now account for 80% of this market and will soon take it global.

Incubator 13

Incubator Business Model Mass Marketing Globalization 13

Harvard Business Review

AUGUST 16, 2011

Such a strategy limits an early venture's funding in order to force the business to develop a profitable business model and then invests heavily in growth once such a model is identified — Christensen terms such investments "good money" for incubating growth businesses and extols the strategy for three reasons.

Christensen 19

Christensen Fixed Costs Metrics Venture Funding 19

Harvard Business Review

DECEMBER 8, 2011

The experience gave us some insights into a unique approach to innovation called jugaad , which entrepreneurs and enterprises are practicing in complex emerging markets like India. Jugaad innovators innovate better: Jugaad innovators recognize that consumers in emerging markets are low earners, but high yearners.

Innovation 18

Innovation Incubator Banking Hypercompetition 18

Harvard Business Review

FEBRUARY 21, 2014

A point of market share creates five times that amount. The general point is right — a dollar of investment in incrementally improving the core is almost always going to earn a greater near-term return than a dollar invested in a growth business that might take years to incubate. Unfortunately, few companies do that.

Incubator 12

Incubator Business Model Competitive Advantage Short-term 12

Harvard Business Review

MAY 17, 2012

The incubators sold in Western countries cost up to $20,000 and require electricity — which is unreliable in developing nations. The founders came up with the idea for Embrace's frugal business model while they were all attending Stanford University's Entrepreneurial Design for Extreme Affordability program.

Incubator 11

Incubator Business Model Entrepreneur Cost 11

Harvard Business Review

MAY 28, 2018

That’s because the real driver of digital business value is the strength of the business model that is put around the technology, rather than the technology itself. They are paying up for strong business models with scale and access to valuable new markets, users, and distribution capabilities.

Company 8

Company Business Model Price Technology 8

Harvard Business Review

MAY 22, 2017

While our first instinct might be to help employees find new jobs, what we really need to do is help companies shift into new markets focused on human services and adopt new business models that will allow employees, customers, and communities to benefit from technological change. Automated farming is also quickly advancing.

Company 10

Company Creativity Retail Business Model 10

Harvard Business Review

JULY 10, 2013

Unless you are willing to bootstrap yourself to some degree of validation of your concept, and can convince investors that there is real demand for what you offer, and a really large market, no one will write a check. You can go to an incubator and potentially try to convince them to write a $15-$25K check to get your idea off the ground.

Incubator 8

Incubator Finance Entrepreneur Case Study 8

Harvard Business Review

MAY 13, 2014

For example, GE incubated an energy storage company (“ Durathon ”), which has gone from the lab to a $100 million business in five years. Chief Marketing Officer Beth Comstock told me they looked to see how they could take this battery technology to new markets. Marketing plays a catalyst role, providing growth funding.

Six Sigma 8

Six Sigma Incubator Payback Period Ries 8

Harvard Business Review

AUGUST 18, 2015

In the years ahead, Alphabet could dramatically influence business models in many industries. This new entity could bring together human talent, technology scale, and long-horizon venture and investment approaches to construct business models that could pose a formidable challenge to those designed and perfected in the industrial age.

Venture Capitalist 8

Venture Capitalist Kleiner Business Model Health Care 8

Harvard Business Review

APRIL 5, 2018

The myth of Silicon Valley is that venture-funded entrepreneurship is a generalizable model that can be applied to every problem, when in actuality it is a model that was built to commercialize mature technologies for certain markets. The Silicon Valley Model. . So Opus 12 applied to the I-Corps program and was accepted.

Technology 8

Technology Venture Funding Venture Capitalist Entrepreneur 8

Harvard Business Review

JULY 22, 2016

Network businesses have always been around, from matchmakers to real estate brokers, but it’s the move to digital platforms that has led to market-shaking effects. Instagram is an exciting marketing channel; GoPro’s account helps keep users engaged with the company and lets GoPro know how people use its products.

Real Estate 8

Real Estate Business Model Incubator Short-term 8

Harvard Business Review

MARCH 11, 2014

Technology-based companies can drive transformation in many existing markets of course – just look at the battles brewing between traditional taxi companies and Uber, a mobile app that connects passengers with drivers. In these markets if existing companies don’t rise to the innovation challenge, no one will.

Innovation 8

Innovation Venture Capitalist Company Supply Chain 8

Harvard Business Review

MARCH 12, 2012

Making big bets on emerging technologies and uncertain markets is never a straightforward proposition; doing so in direct competition with much bigger and more sustained Chinese bets is downright suicidal. Business Models: The right focus for scale equity is proven business models, not emerging technologies.

Disruptive Innovation 10

Disruptive Innovation Competitive Advantage Business Model Technology 10

Harvard Business Review

MAY 22, 2014

In our work at Change Logic, we’re finding again and again that established leadership practices, corporate cultures and identities, and organizational structures are far bigger obstacles to successful innovation than whether or not you can train a small and talented group to identify and prove market traction of a minimum viable offering.

Company 8

Company Advertising Business Model Incubator 8

Harvard Business Review

MARCH 1, 2016

The business model of these firms was to make markets , and they were large enough essentially to monopolize the technology categories if successful. But university efforts to bring research to market are even more important.

Incubator 8

Incubator Supply Chain Real Estate Technology 8

Harvard Business Review

JULY 10, 2013

Its members had a carefully constructed PowerPoint document, replete with facts and figures that showed the attractiveness of what we''ll call the booming management-training market in China (details have been disguised to protect the client''s confidentiality). Smaller cities just couldn''t support that overhead.

Innovation 8

Innovation Incubator Construction Project 8

Harvard Business Review

OCTOBER 17, 2012

Innovation, in operations, products, business models and ecosystems, isn't merely a competitive advantage, it's the competitive advantage. It's the only antidote to margin-crushing competition, the only hope for out-performing a dismal economy, and the only way to truly amaze your customers.

Innovation 15

Innovation Process Competitive Advantage McKinsey 15

Harvard Business Review

FEBRUARY 2, 2015

To create a system that is more democratic, responsible, and fair, they run an accelerator program that supports new business models that could bring diversity to the financial system. Another example is the Finance Innovation Lab, which hosted the meeting of unusual suspects mentioned above.

System 8

System Incubator Supply Chain NGO 8

Harvard Business Review

NOVEMBER 21, 2012

New markets are created. Apple was the only incumbent in this period to grow by creating new markets repeatedly through disruptive innovation. But innovation at scale seems to be within reach of many more companies than might succeed in creating brand new markets. Game-changing innovation is a beautiful thing.

Innovation 9

Innovation Incubator Disruptive Innovation McKinsey 9

Harvard Business Review

JANUARY 23, 2012

Trend lines, market sizing, and competitive benchmarks that served companies well during periods of gradual market evolution do little good in industries where new technologies create seismic shifts, demand is uncertain, and rivals emerge from left field. The company could merge with Dell.

Strategy 14

Strategy CEO Strategic Planning Consensus 14

Harvard Business Review

OCTOBER 27, 2016

Mateschitz spent considerable time overseas as a marketing salesman prior to founding Red Bull. Additionally, discrimination against immigrants in labor markets may exert pressure on them to seek self-employment. Apart from their success as entrepreneurs, they all share one distinct characteristic: extensive cross-cultural experience.

Entrepreneur 8

Entrepreneur Venture Capitalist Retail Incubator 8

Harvard Business Review

JUNE 26, 2017

In our experience, managers tend to focus their innovation efforts on processes that are either large in scale (new products and business models ) or swift in development (hackathons, rapid prototyping, or emerging platforms). Paul Garbett for HBR. This work needs not be expensive on its own. You’re there to be a catalyst.

Innovation 8

Innovation Long-term Trends Budgeting 8

Harvard Business Review

MARCH 25, 2016

New business models and value propositions are being developed by global teams using web-based tools and communication methods. Start-up factories, incubation hubs, living laboratories, and hotspots for innovation are springing up in cities around the world. Drucker Forum 2016: The Entrepreneurial Society.

Drucker 8

Drucker Long-term Short-term Christensen 8

Harvard Business Review

OCTOBER 26, 2017

Bolognese yarns were sold to the doges of Venice or exchanged for spices and salt, and they were also exported to the large international markets, to France, Germany, England and even to the East. They are known for demonstrating a special sensitivity to the market needs of the specialized manufacturers who use their services.

Education 8

Education Pharmaceuticals Innovation Industry 8

Harvard Business Review

JANUARY 6, 2014

They quickly develop prototypes and models that can be tested both in the laboratories and with customers (rapid experimentation). They iteratively refine the innovations, and make decisions about whether to fail or scale, based on pilots and additional tests (incubation). Innovation Organizational culture'

Innovation 8

Innovation Incubator Taylorism Taylor 8

Harvard Business Review

OCTOBER 2, 2012

As we have seen with the recent speed bumps at highfliers like Groupon and Zynga, taking "lean startups" from foundation to creating sustainable, scalable, profitable business models is a very rare and special task. billion market capitalization as of this writing. Scaling Lesson 1: Focus On Finding A Great Business Model.

EBITDA 8

EBITDA Engineering Travel Business Model 8

Harvard Business Review

APRIL 20, 2011

The Marketing Challenge. Editor's note: This post was written with Christian Sarkar , a marketing consultant who also works on environmental issues. Winners will be selected by the community and a panel of judges and will receive a scholarship to a June "prototyping workshop" led by COMMON , a social business incubator.

Real Estate 15

Real Estate Business Incubator Workshop Incubator 15

Harvard Business Review

OCTOBER 18, 2011

Fueled by growing demand among entrepreneurs, investors , and consumers , a specialized ecosystem of support has also been emerging around for-benefits, providing tailored legal services , capital markets , management education , technical assistance , performance metrics , and more. Here are a few suggestions: Lead by Example.

CEO 11

CEO Incubator Supply Chain Entrepreneur 11

Harvard Business Review

OCTOBER 27, 2011

Kindle Fire Tablet — a new market disruption enabled by business model innovation. Additionally, Amazon has been rapidly acquiring the servers necessary to support the cloud-enabled businesses (ebooks, video, music, apps, and web services) that the company sees as its future.

Christensen 12

Christensen Retail Long-term Incubator 12