Business model innovation for the digital age.

Here's the slide deck from a talk I gave at ProductTank in May 2016. This explores failures and successes, real world examples of companies that are trying to attack new entrants (and failing) and some useful resources to start thinking about business model/product innovation.

Transcript

1. @chanademj ProductTank 19th May 2016 Business model innovation for the digital age.
5. Purplebricks Example I commented on a ‘friends’ Facebook post where he slammed online estate agents, which ended in me being deleted… he’s a traditional estate agent.
6. Who wants to be bitter?
7. Here’s an American stock market index based on the market capitalisations of 500 large companies. S&P 500
8. 60 % Top 12 S&P 500 companies in 2000 are not there in 2015; other 40% have dropped rankings.
9. 61 years Average lifetime of a company in the 1950s.
10. 18 years Average lifetime of a company in 2012.
11. Adapt and lead, or sustain and survive (for so long!)…
13. Star Cars Example This is not the answer to competing with Uber on a local level.
15. OnTheMarket Example Estate Agents came together to try and ‘disrupt’ Zoopla. This launched in 2015 and it’s been a massive failure. All of the eye balls are on Rightmove and Zoopla.
17. Gillette Club Example This is not a useful experience; they’ve not thought about the job that the customer is trying to get done. Take a look at Cornerstone and Dollar Shave Club.
18. Ideation Business Model Canvas Three Horizons of Innovation Understanding the Job
22. Traditional Process The problem = business plans Time Effort Usefulness Content
23. Understanding the Job
 Clayton Christensen 
 https://www.youtube.com/watch?v=f84LymEs67Y
24. And finally here’s 3 things you can do next…
27. Coffee? @chanademj chanade@383project.com ProductTank May 2016
28. Copyright 2016 383 project ltd. All Rights Reserved. The contents of this document are the property of 383. They represent the intellectual property in the form of, but not limited to, processes, ideas and creative designs. They may not be used without prior written agreement and only upon full compensation to 383 for the use or partial use of any of the material contained. Thank you @chanademj ProductTank Birmingham 19th May 2016