Having found that the top growth performing CEOs were continually improving their business models to become more profitable, the next challenge was to see what else could be learned about business model innovation. When I began to look at the earlier history of business model innovation, I saw that improved business models usually came from start-ups and new entrants. So entrepreneurs were obviously focused on this opportunity.

I then became curious about the frequency with which companies enjoyed ongoing success in improving their business models. Where should I find the answer?

I read the profiles of all public companies described in the Value Line Investment Survey over 12 years. I noted the companies that seemed to have completed at least two major successful business model innovations during those years, without regard to their stock-market performance. As a result of either lower stock-price growth or changes in CEOs, many of them did not make my CEO 100 lists during those years.

I contacted these companies by e-mail to request interviews with their CEO and some of the other senior executives. From these contacts, I was able to arrange CEO interviews at over 40 companies.

I performed literature searches on another few dozen companies that confirmed that they had been frequent business model innovators, but these companies declined to be interviewed. Obviously, you can still learn lessons by characterizing the direction that those companies take even if you cannot learn more fine-tuned details.

From these investigations, I became convinced that at least 70 public companies had performed at least two major successful business model innovations in the same business over the 12 years.

I began a year-long analysis. I took what was learned and summarized it in simple form so that more companies could understand how to choose and successfully follow this path. You could obviously do the same thing for the examples that interest you.

To test my thinking, I discussed the work in progress with many of the CEOs and their staffs as well as top strategic thinkers in other companies. Many valuable corrections and improvements were made as a result.

Next, I sought out individual, small company, and nonprofit examples of the themes that the larger, public companies exhibited. Many of these examples are drawn from my personal experiences with the subjects or my long-term interest in their work.

Finally, I kept in touch with all of the individuals and companies so that the information could be as up-to-date as possible.



By: Donald Mitchell

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Innovation is a talent that everybody has. Some find it easier to express their innovative side than others but that doesn’t mean you don’t possess the skill. Just like riding a bike, learning how to drive and shaving it takes a bit of time and practice to achieve your potential. It just takes time, practice and determination. In this article discover a few tips on how you can unlock your potential with these 5 self improvement solutions and bring out your innovative side.

1. Don’t listen to what others say.

If you have an idea, don’t let other people’s input ruin your idea. If they don’t like your idea then they can deal with it. You need to learn to do things for yourself. Do you think that Einstein and other great geniuses went on to listen to their friends about their ideas? I don’t think so.

2. Exercise

Exercising relaxes your body by sending endorphins through your body. During exercise many people get a rush of creativity since they are so relaxed. Try it, run for a mile or two and see what happens.

3. Find your own style

Everyone is unique and style is also unique in people too. A poet can be told from another one just because of the words he uses or a painter because of the brush he used. If you can find yourself a unique style that works for you people will learn what a valuable asset you are because no one would have the same talent as you.

4. Don’t hide yourself behind fancy equipment

Just because you have the most expensive high tech equipment doesn’t make you the best. Yes it does give you an advantage but it is only a small one. Take this for example, do you think a photographer with the newest camera on the market that really doesn’t understand photography at all is really going to make it bigger than a photographer who knows how to take pictures using a disposable camera. No! The same goes with writing, if you have an expensive laptop what use is it to you if you can’t write. Make sure that you are good with your skill, just because you have fancy equipment doesn’t mean you’re the best!

5. Add some passion

Passion is that extra bit of effort that will take you to the next level. People with talent can do a good job but someone with passion will work hard. Do you think that that job position will fall into your lap just because you are the most talented? Maybe, but others will be determined to get that position and that could make them virtually impossible.

These are just 5 of the many things that can unlock your innovation and hopefully you will take these into consideration to bring out your innovation and let everything snowball from there.



By: James Pswarai

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Technology advancement has brought about plenty of surprising uses to mankind. An example of this can be seen through the iPod innovation. This little beauty’s initial function was to play music and videos were later on added to its features. However, standing here today, its applications have crossed boundaries. Read on to discover some interesting uses which its boasts.

Recent research shows that fresh doctors can be trained to be more attuned to heart beat patterns which indicate severe heart problems. This is achieved by letting the interns listen repeatedly to recordings of normal and abnormal heart beat characteristics through iPods or MP3 players. By this, these interns will be able to detect irregular heartbeats effectively.

Also, the iPod innovation has pushed exercising regimes to a whole new level. Joggers are able to spice up their dull regular procedures as mini music players and iPods can offer the necessary entertainment. A special application, namely TrailRunner enables runners to plan out their training routes. Maps, distances as well as time frames can be displayed as well which this invention.

Going on, having a personal tour around renowned cities have never been easier with this technology. With the correct application downloaded, subway maps from cities such as Paris, Tokyo, Hong Kong, New York and many more can be displayed on this innovation. A convenient fit which will help you from getting lost.

Also, MP3 players or iPods are popular choices as learning tools in universities. They are widely used for taking notes and recording lectures. These gadgets are even useful when it comes to learning foreign languages. It is also common amongst students majoring in the music field to study music with the help of these devices.

As a whole, iPod innovation is truly a blessing to the younger generation as so many things are becoming more convenient as time flows.



By: Alina Michael

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The home remodeling as well as the changes you make from time to time to your home are usually meant to make you feel better and relaxed in the home. In case you have a home in the colonial style, you will probably have to practice some remodeling in order to maintain the old charm of your palce. Even though it is more recommended to remodel the entire place at once, you can still keep it easy and remodel one-step at a time.

In case you are looking for decks in Northern Virginia, you can easily find internet advice on Northern Virginia deck as well as numerous ideas in order to add a special feeling to your house.

It is a very known thing that the remodeling of the home will make you think you live a new and more comfortable indoor life. You should also know that the outdoors are as important as the indoors when speaking about the comfort of your home. Thus, the Northern Virginia deck companies can help you with the remodeling project for you deck North Virginia.

These companies are prepared to provide you Northern Virginia deck plans, ideas as well as total costs and support for your remodeling process.

The deck is a surface similar to the floor, it is more often than not constructed outdoors, and it is connected to a structure. The decks are very frequent used as a part of the landscape of the gardens, in order to expand some of the living areas of the home or as an option to the patios. The decks can be constructed from numerous types of materials and the Northern Virginia deck companies can help you out with all these matters.

The aspect of your deck can be traditional, created from timber and wood and these ones are extremely popular for the reason they have a very elegant appearance. These days, you can opt for designs that are more modern and use some combinations of plastic and wood, and offer your deck a minimalist look that will still look natural. The Northern Virginia deck companies can provide you with the best installations when it comes to decks in North Virginia. The materials that you can use range from the redwood, yellow pine to the vinyl railing.

In case you think about remodeling your home, the patio needs to be one of your top priorities. A stylish and beautiful patio represents the best a colonial residence can have. A patio is a special part of your home and it is more often than not used for recreation or dinner purposes. You need to keep in mind that your patio needs to blend perfectly with the general aspect and style of the home so try to select the building or remodeling materials properly. Remember that the Northern Virginia deck companies can help you with your projects, from the initial plan to the selection of the materials and the completion of the entire project. If you want a new deck, you should look for a Northern Virginia deck company.



By: John Cvetkovic

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Brand innovation means reimagining your product such that it can successfully compete in public. Too often companies spend time and money developing a quality product that works, a product that they believe in, but they have no idea how to present it to the public such that they understand exactly how great it is. Too many companies settle for using outdated advertising techniques such as jingles or merely catchy slogans. These companies fail to realize that today’s public is much smarter than they used to be. People do not always behave like gullible sheep, believing every word that they read or hear. Especially considering that every product which advertises also has at least one competing company that also advertises. When a sheep is told two conflicting things, what does it do? It is forced to think. That is what has happened to today’s consumer. So many people’s lives have been soaked so thoroughly with advertisement that they look very skeptically upon them.

Additionally, the popularity of the Internet means that the average consumer also has a lot more information at their fingertips than they used to. If a company makes a spurious claim, an intelligent consumer can look at reviews, articles, and basic scientific information online to make a decision for themselves-within ten minutes. A stupid consumer can probably do it in five. Most of the people that products target are those who can afford to use the Internet, which means that any advertising campaign needs to take into account the fact that their product can be well-researched with ease. And with a skeptical public, this is more likely to happen than not. Brand innovation must not only take into account how commercials and print advertisements present their product in light of this intelligent consumer population, but also take into account the way that their product is presented online.

The Internet is now the world’s number one resource for information, as flawed as that information may be. Instead of spending hours at a library, a teenager can learn a great deal of useful information about any significant historical figure online by using Wikipedia. At the same time, people argue that because of this great availability of information, more people are actually learning less. The sheer power of possibility of information makes the average person intellectually lazy. If a person knows that they can learn whatever they want about whatever they want almost whenever they want, they are not very likely to seek out that information before they absolutely need it.

Brand innovation means that products need to be reinvented on the Internet in such a way that the average Internet user will come across them. Google and facebook advertisements are wonderful ways to get a lot of people all over the world to notice your product, albeit briefly. At the same time, brand innovation means that the typical avenues that a person will take to look up your product must be very positive towards your product. No company can succeed today with a positive presence online. Companies should invest in creating a simple, powerful website that search engines will direct the curious to. Brand Innovation 1 means having a straightforward website that explains your product, looks good, and gives options to the consumer so that they feel in control. This is an important aspect of brand innovation as most people use the Internet so that they can feel as if they are in control of information. The Internet is key for succeeding in today’s business world.



By: Marlon Perry

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The latest breakthrough on technology has brought a remarkable change in media innovation. And this noteworthy change has caused a significant turn on how people communicate with one another. Ancient ways of communicating used to be so slow, limited, and a whole lot expensive. But try to look at what is happening now, the world seems to become smaller and smaller each passing day. Today, distance is no longer a problem because different forms of media have invaded the air and they continue to bring us the freshest of news, information, and most accessible forms of communications and entertainment.

Today’s technology has also brought a new face at the way people connect with each other. With the discovery of the Internet, connecting to people either for plain friendship or for a more serious relationship leading to long term commitments has become easier like never before. The traditional way of getting to know a man or woman from the other side of the globe was through snail mail. And they call each other pen pals because they write their messages with pens on papers. But now, doing so is more comfortable, highly sophisticated, and yields more efficient results. Social networking is the name. This online connection with as many people as you can using some of the popular social network sites on the Internet is free, thus they attract more and more subscribers daily.

Another sophistication in media innovation that was brought about by the advancement of technology is the way dating is done. Dating in the past was usually confined at a place where both parties (man and woman) are present and they enjoy a wonderful time of getting to know each other, exploring their relationship over dinner or something else. But now, dating can be online, meaning it can be done through the Internet via a computer with a web camera, a headphone, and a microphone attached to it. Your date can be someone on the other part of the globe located at a place that has a different time zone from yours.

While all social networking sites are free, most online dating sites charge a minimal monthly or yearly subscription fees to members in order to avail of all the features they provide. This is because most online dating sites integrate some new twists on their services like helping you find your perfect match, leading you to groups with the same interests, backgrounds, and religious orientation as yours, linking your profile to other dating networks, and other services you cannot avail at free online social networks.

As the latest media innovation, social networking and online dating sites are increasingly becoming more and more in demand to people from different walks of life. Young and old alike, especially those who are hungry for relationship and whose need for belongingness are not yet met. Many people who failed in their past relationships are trying to find their best luck here. And just like any other innovations, media innovation can also be an avenue for abuse and misuse, thus extra care and proper discernment must be applied.



By: Hazel Milton

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