In a recent blog post on Harvard Business Review we discuss one of these frequent situations in which business model innovation is necessary to bring technological innovation to life. In case you missed it, the2012 World Food Prize went to Daniel Hillel, an Israeli scientist who, in his own words, “…helped to develop the principle of shifting from low-frequency, high-volume irrigation to high-frequency, low-volume irrigation”, the system known as drip irrigation.… Read more
Permanent link to this article: http://blog.insead.edu/2012/11/when-business-models-trump-technology/
After a brief hiatus due to vacations and travel over summer, the Renaissance Innovator blog is back! While I was catching up on the stack of journals which accumulated over summer, a Fortune article about Volkswagen which describes transformation of the company from a local German producer to a global phenomenon with over €160B in sales caught my eye. … Read more
Permanent link to this article: http://blog.insead.edu/2012/09/making-car-manufacturing-sane-business-model-innovation-at-volkswagen/
The latest issue of Harvard Business Review features an article “The Darwinian Workplace” on promoting healthy competition in the workplace that I co-authored. The key message of the article is based on several research projects with highly innovative technology companies that implemented tournaments among its workers to increase worker productivity and, at the same time, to increase firm’s profitability.… Read more
Permanent link to this article: http://blog.insead.edu/2012/05/the-darwinian-workplace-in-the-winners-take-all-organizations/
Among Renaissance Innovations that dramatically changed airline industries around the world is dynamic pricing. Now we take for granted that a person sitting next to you on the plane might have paid a fraction of what you paid. However, it was not always this way. … Read more
Permanent link to this article: http://blog.insead.edu/2012/02/is-there-such-thing-as-fair-price/
The world is full of problems– poverty, malnutrition, medical access, climate change, natural disasters, etc. It is also full of many tenacious do-gooders with solutions, and thankfully many generous souls who would like to financially support these do-gooders. Unfortunately, the “marketplace” that matches the do-gooders with solutions is what economists would call very inefficient, that is many matches that are in the interest of everyone involved are not made.GlobalGiving, GiveIndia and a new breed of startup donation platforms are attacking these inefficiencies with a new business model for charitable giving and forever changing the way people give.… Read more
Permanent link to this article: http://blog.insead.edu/2012/01/changing-the-way-people-give-2/
As I am preparing for a teaching session in a couple of weeks in Moscow, I realized that we had not written about one of the older but even more relevant today innovation. Some months back I blogged about a very cool startup Diapers.com which was founded by my former students in 2005 and which was recently acquired by Amazon.com.… Read more
Permanent link to this article: http://blog.insead.edu/2012/01/changing-the-way-people-give/
