Archive for the ‘Business model combining’ Category

Jump

Yes, we can! We can change the world.

We can change it by designing new solutions for existing problems. We have started by creating a place where we can share ideas and collaborate on innovative tech/biz plans. This is what happens in Tehno potica.

We have been transforming Tehno potica since February, and we have come up with five ideas. In addition, we have strategies to develop those ideas into cutting-edge projects. Bogdan Mlakar will present the first idea, dealing with recycling wastes, next Monday, and afterwards, we will conduct a brainstorming session to expand on his concepts.

Can you join in and help change the world?

Yes, you can!

Enhanced by Zemanta
Advertisements

My daughter wrote a letter to Santa Claus. Briefly summarize: “I want Kindle Fire!” I was tired of  ordering the gadget on amazon.co.uk and amazon.de. Order from Slovenia or Austria was not possible. So I just realized that the Santa had surprised Amazon.

Santa Surprised Amazon

 

Merry Christmas and Happy New Year!
Frohe Weihnachten und guten Rutsch ins neue Jahr!
Feliz Navidad y Feliz Año Nuevo!
Vesel božič in srečno novo leto!

Enhanced by Zemanta

If we want to work with a partner, they must help us in one of the following three areas.
1.       They should have to perform tasks that are associated with the execution of our processes.
2.       They must solve problems which we do not have sufficient resources to implement, or we do not have the expertise to resolve them.
3.       They have to help to satisfy needs that we have in the company. One of these needs is the need to communicate.
If the partner does not help in any of these areas, then it is pointless to cooperate with them.

What do partners have to give?
When choosing a partner company, it is useful to analyze its business model and figure out how we will be treated. We are going to be their customers, co-creators, and/or intermediaries, any or all of the foregoing. Is such a successful relationship going to be possible?
If you find that the company’s response is too rigid, then you have to find a more flexible partner.

Partners have to give…
Many companies in Slovenia assess potential suppliers. However, most of these assessments are not  made ​​in terms of the business model. They look only at estimated criteria of price, quality, personnel response, documentation management, etc. While these are all important factors, neglecting to analyze a potential supplier’s business model can easily result in a failed relationship.
Consequently, it is vital to realize that companies can have great benefits from an audit that analyses the conformity of the partner’s business model combined with their business model. The models have to be  compatible; otherwise, the companies won’t be able to work together..
If we assess our business model in terms of business model combining with the models of partners, we need to develop a business model combo which will help finish tasks, solve problems and meet all our mutual needs.

Enhanced by Zemanta
English: 油麻地 Category:March 2010 in Yau Ma Tei...

English: 油麻地 Category:March 2010 in Yau Ma Tei Category:Hilti Group 喜利得集團 Category:Shops in Yau Ma Tei 地鋪 & Category:Hamilton Street, Hong Kong Category:Fleet vehicles in Hong Kong 公司車 Category:Evening in Yau Ma Tei (Photo credit: Wikipedia)

Help partners succeed, if you want to succeed.

 

When a company creates a new business model, it must verify that its latest model is compatible with the business models  of its key partners. The question should be whether the existing and prospective users of the company’s business model are willing to improve or implement innovative solutions. If a partner’s business model doesn’t integrate well with the  new business model, it is advisable that the partner create a novel model or alter its present one in order to serve the common goal: Making the combined  business models or innovative products within those  business models successful. To understand this process better, it makes sense to analyze a number of examples.

One such example is certainly Hilti. Hilti  developed a gun for concrete anchors a few years ago. Such anchors firmly attach  cables to concrete surfaces.  This new product allowed  users to omit some activities , which had previously been necessary and, at the same time,  made  the whole procedure shorter and less expensive. Thanks to  this innovative method, it was no longer necessary to drill holes, insert anchors, etc. However, if Hilti wanted to create a wide distribution of this product, it would first need to convince potential users. AFter that, these users would have to develop a fresh, more effecvtive business model for  their corporation. Therefore, Hilti decided that it made sense to train the company employees of potential users. This was a simple, yet very effective, way to present new technology. As a result, those firms that have opted for this technology have gained a competitive advantage over the competition and enjoy Hilti’s constant support. Hilti’s business model combining process inspired  innovation of the users’ business models, and consequently, their products/services have become more successful and efficient. Having successful  partners helps ensure Hilti’s continued success .

Hilti used training as an excellent  distribution channel to spread its new product and services among potential users. Moreover, by doing so, Hilti gets feedback for potential improvements, based on the needs and desires of potential customers at  the same time. Prospective and existing users get the information, skills and opportunities to innovate their business models. Hilti helps partners succeed so that everyone achieves  success.

 

 

 

 

Enhanced by Zemanta
Everything Is a Remix is a documentary about the process of creativity. The filmmaker, Kirby Ferguson, explains progress as activities which involve copying, transforming, and combining.
I prefer to use the word “imitate” rather than “copy” because imitation implies adding to or subtracting from the original whereas copying means duplicating it.
I was at a Hekovnik workshop for startups where I was inspired by the Great Spirit of creativity. We draw and show our ideas through Business Model Canvases. I’ve found out that a lot of ideas were transformed from business models that already existed but became something new by combining.
We can imitate, transform, and combine business models into different innovative ones that offer a far more comprehensive view to a much wider audience.
Enhanced by Zemanta
Cidade da Copa, 2014 FIFA World Cup.

Image via Wikipedia

Brazil will host the 2014 Soccer FIFA World Cup. When any country hosts a world cup, it’s never just about the game; it’s also a great opportunity for businesses to enhance their profits. Sebrae (Service Brazil for Small and Micro Companies) conducted a survey to investigate opportunities for small enterprises in the service industry. Service companies can combine business models with the World Cup when this event takes place in twelve Brazilian host cities: Rio de Janeiro, Brasilia, Cuiaba, Natal, Recife, Belo Horizonte, Curitiba, Fortaleza, Salvador, Porto Alegre, Manaus; and Sao Paulo. The survey showed that the 2014 Soccer World Cup will have considerable influence on the growth of agribusiness (132 opportunities,) construction (128,) retail (122,) production linked to tourism (117,) wood and furniture (106,) information technology (105,) clothing (65,) tourism (98,) and services (56.)
Sebrae will invest eighty million dollars in business model combining in order to maximize the potential for an optimum outcome.  All of Brazil is in love with soccer, and so I believe that the 2014 FIFA World Cup is sure to be a huge success, both in sport and in business.
Enhanced by Zemanta
KLEINMACHNOW - DECEMBER 17:  A sign for Intern...

Image by Getty Images via @daylife

eBay is one of the most important players in the field of internet commerce. It strives to maintain a leading position in the global market and does so by having the vision to grow through using business model combining. eBay acquires innovative companies and integrates those business models with the eBay model.  Managers paint the eBay business model canvas with elements from other business models such as Milo, Redlaser, Gsi Commerce, PayPal, and FigCard.

eBay has two kind of target customers: small businesses and individual customers.

It has value propositions for small businesses such as retail stores. First, eBay offers
Gsi service, which helps companies put their inventory online, thereby opening up to potential customers the entire range of their products. In addition, Milo service lets users check the online inventory of thousands of stores while the Redlaser barcode reader permits Smartphone users to scan any item and then comparison shop among many suppliers. Finally, Where service provides local daily deals and creates buying incentives throughout the system by offering coupons and discounts. Milo, Redlaser and Where are great distribution channels to potential customers, especially small businesses, while FigCard and Paypal are great paying service systems.

eBay gives buyers these great services, all of which make shopping so much more convenient, economical and easy. Consumers can have great shopping search experiences with Milo and Redlaser while Where service enables local daily deals. Once a buying decision has been made, PayPal enables dependable, universal payment by phone whereas FigCard allows secure purchases by phone in a shop.

eBay connects businesses and consumers. Small shops and stores gain a great online service for buyers focused on products and location, thereby acquiring important distribution channels to reach many more customers.

With all these advantages, it’s safe to predict that thousands of small shops will combine their business models with the eBay model combo and start to be eBay partners.

Enhanced by Zemanta

Most of the payable apps use credit cards to make payments, and typing on mobile phones can be slow. In addition, it’s all too easy to make a mistake when typing in such a long number. A new procedure called card.io provides a software development kit (SDK ) for mobile developers making it easy to accept credit cards in their mobile apps. When card i.o. is combined with mobile apps business models, it ensures a faster paying service for customers.

I went to a gas station at the Mercator supermarket today, but I had to wait a long time there because there were some problems with a cash terminal.  Then, I had to wait again in a drug store because of bad communication connections. Both places have robust hardware for reading credit cards, but it still took a while.

These delays could have almost certainly been prevented if these businesses had had smart phone connections and the card.io app. I think that supermarket chains and other stores can cut cost of paying services by using mobile devices to scan the codes of products and then scan the customers’ cards. That can be done by either the store personnel or by the customers themselves.

This technology is still in the early development stage, but I see a bright future for card.io in retail stores, gas stations, restaurants, etc.

Enhanced by Zemanta
I joined the EmpireAvenue site three weeks ago because, after reading an interesting article (Serious Play: The Business of Social Currency about the EmpireAvenuein Harvard Business Review,) I became curious as to how this challenging, innovative service works. What I read in the article and saw at the site caused me to start thinking about the EmpireAvenue business model and the possible advantages of combining that model into a company’s business model.
The EmpireAvenue offer platform gives members the opportunity to trade shares with other participants. Shares are used as social currency and each participant (individual, company, or institution) is a partner who gives information to EmpireAvenue information about his/her/its activities on various social media. The frequency of activities on a participant’s social media are measured and calculated and then expressed as the value of one’s shares. Thus, the basis for one’s social currency depends to a great degree on the quantity of a participant’s activities. That is the “real “ virtual value because measuring quality of content is virtually impossible. Therefore, one’s “value” is largely determined by a participant’s followers, friends, and partners on his/her/its social networks.

EmpireAvenue enables members  to see how active and how influential a participant is in the virtual world of social media, and it was an interesting experiment to see how much impact I supposedly have. In addition, companies may want to combine the EmpireAvenue or similar business models into their own business models because by doing so they can get information about influential individuals and other companies or institutions. That information gives them an opportunity to collaborate with important participants. Thus, EmpireAvenue can be great tool for businesses and for high-value players who could sway a company’s significant customers.

Enhanced by Zemanta
Quechua is a French brand, founded in 1997 at the foot of the Mont Blanc. The Quechua brand is oriented towards the hiking, mountaineering, climbing, raid-trail and Nordic walking markets. It held 5th place among outdoor equipment manufacturers worldwide (by turnover) in 2007 and it has not stopped climbing the ladder of the world manufacturers.
The Quechua business model is built on a unique value proposition which includes the most suitable prices for customers, attractive innovations, and eco-friendly products. Its specialized staff has created a variety of value propositions with some technical design partners. Two such partners are The Institute for Training and Research on Mountain Medicine (IFREMMONT) and proMONT-BLANC, an international nongovernmental organization. Quechua combines with Institute for Training and Research on Mountain Medicine for many aspects of scientific research while it combines with proMONT-BLANC in a partnership on environmental issues. Quechua also combines business models by using prominent athletes as technical partners/advisors..
The Quechua value proposition is oriented towards the best bargain hunters, mainly middle class customers who represent the biggest segment of the population interested in outdoor activities. Its customers want the highest quality at the most reasonable price.
Quechua differs from the competition by virtue of its technical & design innovations and its inexpensive, eco-friendly products, thereby making the pleasure of hiking available to all!
Business Model Canvas, Osterwalder, Pigneur & al. 2010, CC BY-SA 3.0.
Enhanced by Zemanta