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Creativity and Business Model Innovation (part 1) – Five Whys
https://fivewhys.wordpress.com/2012/12/07/creativity-and-business-model-innovation-part-1
Putting creative thinking to work. Creativity and Business Model Innovation (part 1). Business model innovation and the search for a scalable business model has been a hot topic over the last couple of years with the explosion of lean startups, customer discovery, and business model generation. But where is the actual innovation in all of this? The search for customer insight. Using the TERMS Star to power-up your search. The TERMS Star is based on work by David Robinson and Rob Dew, see here. When do cu...
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Creativity and Business Model Innovation (part 2) – Five Whys
https://fivewhys.wordpress.com/2012/12/10/creativity-and-business-model-innovation-part-2
Putting creative thinking to work. Creativity and Business Model Innovation (part 2). This week I am looking at different ways we can put the innovation back into business model innovation. Taking the approach that creativity in thinking can be done deliberately, I’m applying various deliberate creative thinking techniques to what is now becoming the familiar area of business model generation, lean startups and customer development. Last week I looked at using the TERMS Star. Was developed as an educatio...
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Using Five Whys to find Customer Jobs – Five Whys
https://fivewhys.wordpress.com/2012/12/12/fivewhys-to-find-customer-jobs
Putting creative thinking to work. Using Five Whys to find Customer Jobs. If I were given one hour to save the planet, I would spend 59 minutes defining the problem and one minute resolving it (Albert Einstein). Making sure you are solving the right problem is THE most important part of business model innovation. In terms of developing your value proposition. Technique can be used to get to the heart of the problem your business model is trying to solve. What is the Five Whys? 8221; five times in a row.
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Lateral Thinking meets Business Model Innovation – Five Whys
https://fivewhys.wordpress.com/2012/12/14/lateral-thinking-meets-business-model-innovation
Putting creative thinking to work. Lateral Thinking meets Business Model Innovation. Lateral thinking can be thought of as logical thinking but form a different starting point. If you are able to shift your starting point enough before your logical mind gets to work, you can find yourself with surprising results. Hopefully, novel ideas with some value that you just wouldn’t have thought of using regular logical thinking. Using Random Words to disrupt Online Bill Payments. In my last post. Think up some r...
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Can Business Analysis get Creative? – Five Whys
https://fivewhys.wordpress.com/2013/09/24/creative-thinking-for-business-process-analysis
Putting creative thinking to work. Can Business Analysis get Creative? Have you ever met a creative Business Analyst? Is it even possible to think creatively in a left brain environment? Let me tell you a short story about embedding creative thinking into a bank’s IT department. The challenge was to find out if there was an alternative approach that could be taken. Step 1) Mapping out the Problem Space. Step 2) Explore some What If’s. Does everyone work separately? What if they could all work together?
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Customer Experience Innovation – Five Whys
https://fivewhys.wordpress.com/2013/09/10/customer-experience-innovation
Putting creative thinking to work. Solving customer ‘jobs to be done’. All services are underpinned by a central value proposition of helping a customer to ‘get jobs done’. The more essential the customer jobs to be done, the more essential the service. I wrote briefly about understanding the value proposition. Some time last year. Applied to customer journey mapping, we should be able to use this level of insight to design services which are not only delightful, but essential as well. Luckily, I managed...
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Focus your MVP right – Five Whys
https://fivewhys.wordpress.com/2012/11/29/focus-your-mvp-right
Putting creative thinking to work. Focus your MVP right. Thanks to Anthill for this wonderful footage of Bruce Lee playing ping pong with nun chucks. Yes you heard that right, nun chucks no less. Shot in the 1960s and reused in a desperate attempt by Nokia to boost sales for their N96 phone, this short film shows what can be achieved with a life time of dedication and focus. Here are some of my own thoughts, having read and digested this wonderful article on the ABCs of an MVP. According to Ash Maurya.
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Validating a Value Proposition – Five Whys
https://fivewhys.wordpress.com/2012/11/27/validating-a-value-proposition
Putting creative thinking to work. Validating a Value Proposition. There seem to be a ton of products starting to emerge for developing business model canvases, and running lean customer discovery experiments. This one in particular caught my eye:. How Trevor Saved $10,000 and 6 Months With the Validation Board. This great story takes us through Trevor’s efforts at launching a business focused on getting people to ride around on Vespas. Here are the headlines:. Dowser, this is what I call validation].
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Business Happiness Index – Five Whys
https://fivewhys.wordpress.com/2012/12/04/business-happiness-index
Putting creative thinking to work. They say money can’t buy you happiness. So what does make you happy, and is it worth measuring? Since 1971 Bhutan has been measuring the prosperity of its people based on how happy they are, rather than on their gross domestic product. The Guardian have a nice piece on it here. In addition to the actual measures, there are some important aspects of the way those measures are taken, summarised below:. Here is what they have to say on this. The Gross National Happiness In...
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