businessmodel photos on Flickr

(IN EXPLORE) Multitasking by ⚜ Marga

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Yoga, stockphotography (No photoshop!)

Victoria-Paege-1 by Fausto Hernandez

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Lady in sepia by ⚜ Marga

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www.historiquecouture.com

No Sleep Bleary Eyed IA Past But Sharp Vision Of AI Future - IMRAN™ by IMRAN® 14 MILLION Views!

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No Sleep Bleary Eyed IA Past But Sharp Vision Of AI Future - IMRAN™

Delighted & honored to share my vision & thoughts on formulating strategy & business models for winning the future in an Artificial Intelligence-driven world. Great discussion of innovations enabled by Microsoft & OpenAI ChatGPT announced literally that day.

Thanks to MarketsandMarkets™ for inviting & hosting me at the Hotel Commonwealth in Boston, Massachusetts. I had not been in that city in exactly a dozen years (except for a connecting flight during a different 36-hours of actual travel day, Tampa-Boston-Doha-Lahore, last year).

What a great discussion and privilege to share my stories and ideas for financial services, healthcare, retail, pharmaceutical, and other industries to thrive, not just survive, in the next 25-years.

#future #artificialintelligence #strategy #businessmodels #vision #AI #creativity #patents #chatgptai #OpenAI #Microsoft #Boston #Massachusetts #travel #gratitude #visionary #opinions

So many gift cards to choose from - grocery store entrance by G Witteveen

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When the gift recipient has a strong interest in one product or brand, but the gift giver is unsure of the precise size, flavor, or edition, then allowing the person to spend the gift card exactly how they wish makes sense. Owing to the prevalence of procrastination among those who receive cards, though, they sometimes erode in value as they near an expiration date, or maybe are forgotten or misplaced if not used promptly. One response to this pattern has been a third-party to provide a brokering service, either swapping unused/unwanted cards for other ones that are available, or perhaps cashing them in at face value, less a handling fee for the service.

As a business model, any company that can support a system of gift certificates, vouchers, or cards benefits, since the transaction is made and the business can use it. Then when the gift recipient comes to spend the gift card, its value is honored, sometimes weeks or even years later. In efffect this is a reverse credit system. The business transaction is prepaid and that money is in use. Later the value is redeemed, but in the interim period, that prepaid money works to the advantage of the business, expanding the net value of the operations.

This photo shows many kinds of business: hardware, home furnishings, restaurant, coffee shop, clothing store, and so on. It is a cross-section of corporate scaled retail brands currently in business around the USA.

Press L for lightbox (large) view; click the image or press Z for full image display.

Hover the mouse pointer over the image for pop-up remarks.

Sketchnoted recap of "The 9 Rules of Innovation" by Greg Satell www.digitaltonto.com/2016/the-9-rules-of-innovation/ by Mauro Toselli

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Couture & Costumes by ⚜ Marga

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www.historiquecouture.com

Design, Test, and Build Business Models & Value Propositions by Alexander Osterwalder

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Environmental Forces - influencing competitive strategies and business models by Alexander Osterwalder

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Some thoughts I had a while ago on the environmental forces that act on a company and its business model.

Read more about it at:

http://business-model-design.blogspot.com/2005/12/5-forces-acting-upon-your-business.html

Startup Metrics: The 1-Page Business Model by davemc500hats

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i'll be using this example of user profiles & conversion events to describe how startups should design & prioritize features in their product development process.

Web2.0 Business Model Characteristics by Alexander Osterwalder

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The outcome of a short late-night brainstorming session on the characteristics of a Web2.0 business model. The reflections are based on what I write at my business model design blog

Business Model Change and Innovation by Alexander Osterwalder

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Another evening reflection on business model innovation with a graphical outcome... Check out the corresponding blog posting...

You can find more work about my business model & strategic concepts on my website at:

and on my blog at:

Business Class by ⚜ Marga

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Photo: Alain Vandepontseele Antwerpen, 2012 Retouch: Big Bad red www.historiquecouture.com

intimacy? or business trust? by Esther Dyson

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This comes from a conversation with Don McLagan of Compete. Compete is in the business of tracking (anonymized) consumer behavior on the Web, and thinking about how to move (with permission!) towards direct communication with identified customers. We started with the concept of “customer intimacy.” But who wants to be intimate with a vendor? or vice versa?

Yet, true story, last Sunday I earned 6000 status miles from United Airlines for faxing them three statements from my other frequent flyer programs (British Airways, American and Delta). I would have done that for free; I *want* United to know how much I travel with the other guys. Maybe they would treat me better if they knew.

As it happens, I have a long, close, data-filled - but not intimate! – relationship with American. Let me explore it to make a few points. I have earned more than 7 million miles from American over the years, and I have a lifetime AAdmirals’ Club membership. (I bought it in 1985, just before I was planning to sell my business for the first time, and expected that the new owners wouldn’t pay for such a thing. It cost about as much as a single year’s membership costs now. Not that I was that smart; I bought a similar lifetime membership with Eastern Airlines – but their life was short!)

American knows a lot about me… both travel patterns, and, over the years, a number of complaints and a few compliments that I sent in and which are probably on file somewhere. But what’s more interesting to me is that I know American. I know not just their prices and routes, but also their seat maps and upgrade policies. I can go to American’s site and check seat availabilities on the flights I’m considering. If there are two and one’s full and the other empty(ish), I’ll go for the empty one – better chance of an upgrade, or at least of an empty seat beside me.

Doesn’t this transparency hurt American’s ability to control its inventory? Not at all. They *want* me and people like me to fill up their empty flights and reduce bumping on the full ones. It’s in their interest for me to be happy, and for me to benefit from upgrades to seats that would otherwise have gone empty.

Rather than a mysterious enemy engaging in inscrutable countermeasures, we are partners, trying to get me the best seat possible given American’s rules. I don’t expect American to be altruistic or to give me more than I deserve, but I trust them – business trust! – to do what’s in their own best long-term interest, which is to keep me as a satisfied customer.

How concscious is American of all this? probably not very, or they would make it slightly easier! I would love a software package that would help me to navigate American’s site and grab the seat maps of the different flights I’m considering (and perhaps those of a few competitive airlines) into a single page. In fact, I’d be happy to have a software package that would represent *me* in my dealings with a variety of vendors.

That brings me to the business proposition of Sidestep or, as it happens, WhenU, a company that I just wrote about in the Release 1.0 issue on adware. Their original (and perhaps born-again) proposition is a shopping assistant (as in WhenU shop) that would do precisely this kind of thing.

This is all part of a slow, mostly unnoticed shift in the balance of power towards consumers. Once we got into mass production, we moved into an economy where producers made things (trying hard to divine and influence customer tastes, of course) and consumers could choose from what was on offer. Then we got feedback, 800 numbers and the like, and companies started to “listen” – some of them seriously, some only in their marketing pitches.

But it’s mostly still the vendors who have all the firepower. The user tools I mentioned above are beginning to redress the blance. And Priceline allows the user to set his own price, but its business model basically depends on price obfuscation – because the vendors don’t want to expose their below-market pricing to competitors or to less price-sensitive customers.

But there’s another, better example out there of what’s coming in – of all places – the on-demand air-taxi business. In this business – most notably Dayjet - consumers enter their requirements and constraints, which are matched with other customers’ data *and* with what Dayjet has on offer in terms of aircraft and personnel to fly and service them. It’s in everyone’s interest to use the resources most effectively and to make trade-offs based on customers’ preferences (and their willingness to back them with money). To course, Dayjet takes a cut, but there’s not the feeling of Dayjet benefiting at the customers’ expense that you so often feel with traditional business models.

Of course, that’s a slightly idealistic view of things, but it’s where we’re heading. The customers become – in realtime – partners in designing and allocating the offering.

Pandora's Web2.0 Business Model by Alexander Osterwalder

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Check out my blogpost about Pandora's Business Model at:

business-model-design.blogspot.com/2006/07/eternal-beta-p...

"Jedes Alltagsgrau eines Verkäufers hat bunte Seiten." #andersverkaufen #bildermalen #dennisrobers #bestewogibt #verkauf #vertrieb #verkaufstraining #buisness #businessman #businessmodel #suit #anzug #anzugträger #ohnekrawatte #berlin #startuptips by Dennis Robers

Ticketcorner's Business Model Design in Post-It Format by Alexander Osterwalder

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I'm currently modelling Ticketcorner's business model. Ticketcorner is based in Switzerland and is the second largest ticketing company in Europe.

However, modelling with paper and post-it has its limitations and I am looking forward to new modelling tools, such as "fantasized" about in my blogpost on business model innovation...

#newhampshire #rat #hamster #hillary2016 #imwithher #reeking of #corruption this #country can no longer #afford #corporatewelfare jail #goldmansachs for #highcrimes against #americans #fraud is/was their #businessmodel #thepeoplesrevolution is here #berni by flyelyfenyc

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Communication and Design by Alexander Osterwalder

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Recently a colleague mentioned that there are three different channels involved in the communication process.

a) talking

b) affirmation

c) processing context

This is incredibly important to understand when thinking of a sound strategic design process or business model design process that strongly depends on the quality of the communications of team members...

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