Tag: Business model innovation

Business Model

People – to – People banking services by CivilisedMoney

The Crowdsourcing business model has been around for sometime now and has proven to be a good business model for independent artists to fund their projects. Now, CivilisedMoney is trying to use the same concept to help peer-to-peer financial services in the UK. CivilisedMoney’s was founded by Neil Crofts and Jason Scottgoal. Civilisedmoney will use people-to-people networks to create an ethical, transparent alternative to the existing financial services industry. As they say – “It’s banking with people, not banks.” The concept is very similar to the age old concept of a co-operative bank or a chit fund operated in India. The […]

Strategy

How can Crossword compete with FlipKart.com?

The only thing I indulge myself is in buying andreading books. Lots of books! I love going to a bookshop, browse their bookcollection, read a few pages of a book and buy it if I like what I see. Thereare times when I got so immersed in the book that I read the complete book atthe bookshop itself. I loved the cozy chairs that these bookshops provided withso many books to browse and read. Of late, I have seen that the stock of books atbookshops like Crossword has been on the decline. I also find myself and all myfriends (who […]

Business Model, Innovation

What can Business Model Innovation projects learn from Film making

I came across an interesting approach to business model innovation being promoted by the folks @ Board of Innovation. They use the analogy of making a film to a business model innovation project. I really like this analogy.    The advantage of considering your business model innovation project as producing a film helps the project in the following ways: Makes the entire process more fun and exciting. Provides us a process to follow when the team falters. As with producing a film, you need a team of people with a diverse sets of skills to come together and work to […]

Strategy

Saving the Nano….

After the fantastic launch of Tata Nano, the cheapest car in the world, we have seen that the fan fare and the interest levels have not kept up and there is a drastic decline in the sales of Nano and the Tata Motors management is working overtime to get this corrected and to generate interest. A big ad campaign has been launched. The results are yet to be seen. Tata Motors is trying hard to revive the fortunes of their Chairman’s dream project.  Safe and Secure: No one wants to buy a car which is considered to be un-safe. The […]

Ideas

Does Google really need Sex ?

Paul Krugman wrote a post titled “Google Needs Sex” which was interesting to read. Lately, Google bashing has become fashionable. Everyone is complaining about the issues that Google has and why it is in its decline. I am sure that this will increase in ferver and quantity. Everyone has been complaining about the quality of results of search being the trouble at Google. My personal opinion is that the actual culprit is Google’s business model based on the Adsense program. It is because of this business model that the entire SEO industry cropped up and created a mess of their […]