October 25th, 2012
Interview by Shoeisha (web), the published of the Japanese version of BMGEN, with Tim Clark, Miki Imazu, director of WinDo’s and Minako Egusa, an editor of “Business Model Generation” for explaining the origin (Alex’s thesis) and the story of the book. The Shoeshia gave the new Japanese version of BMYou that is coming in the bookstores these days. More on the interview in Japanese (here).


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October 24th, 2012
Visit at Keio Media Design (KMD), at Yokohama, invited by Prof. Adrian Cheok

“The Graduate School of Media Design (KMD) was established to train talented individuals to work on the global stage building and running new industries for the coming “creative society,” a world in which the driving force of the economy will be creativity rather than productivity or efficiency …” (more)
Stimulating discussion with Adrian Cheok and visit of the KMD Labs. Adrian’s research (web) concerns mixed reality, human-computer interfaces, wearable computers and ubiquitous computing, embedded systems, and power electronics. He is the author of the book entitled “Art and Technology of Entertainment Computing and Communication” (Springer).

Adrian was enthusiastic on the Digital Content Expo (web), “an international event intended to shape the future of this industry five or ten years into the future as well as promote the exchange of the latest information between participating researchers, creators and businesspeople active in this field”.
Talk on BMGEN for KMD graduate students and researchers. The seminar aims at learning about and applying a practical visual language to describe, challenge, and design business models. The seminar consists of a mix of practical activities, theories, and short examples that help the attendees better understand business model innovation by listening, seeing and doing themselves. The concepts will be illustrated by examples of business model innovation, such as Nespresso, Nintendo, SunEdison and Cirque du Soleil. Design thinking attitude and customer development are also emphasized for exploring, prototyping and testing business models.
Discussion with Dr. Satoru Itabashi, who works with Prof. Yoko Ishikura (blog), on their vision on business model design. Satoru authored the book Picto (web) (amazon) describing the Itabashi diagrammatic problem solving method for visual thinkers. In their work with Yoko Ishikura, they combine the BMGEN canvas and the Itabashi diagrams for defining business models.

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October 22nd, 2012
Interesting meetings and fruitful discussions with Prof. Ikujiro Nonaka, Hitotsubashi University Graduate School of International Corporate Strategy (web), and Prof. Noboru Konno, Tama Graduate School of Management and Information Science, and President of KIRO (web).
Prof. Ikujiro Nonaka and Noboru Konno have written quotes and prefaces ofr the Japanese edition of BMGEN (amazon).

This year, together they co-authored a book entitled “The grammar of knowledge creating management for prudent capitalism” (amazon). They adopted the business model canvas for the chapter 7 “Business innovation and sustainability”. Ikujiro Nonaka is also the editor of the book entitled “Business model innovation” where the BMGEN canvas is also used in several chapters (amazon).
I also chatted with Hirotaka Takeuchi, Harvard Business School, Nonaka’s co-author of “The knowledge creating company” (amazon). I enjoyed their last article in HBR “The big idea: the wise leader” (web).

With Noboru, the discussion was mainly about the links and relationships between (a) Design thinking, (b) Scenario planning, and (c) Business model.
We also evoked Bill Moggridge’s memory, founder of IDEO, a good friend of Noboru, who recently passed away:

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October 18th, 2012
Talk, design session and nice discussion at IDEO Singapore, invited by Teddy Zmrhal.


The talk presents the visual business model canvas for designing and assessing business models. Design thinking attitude and customer centricity is also emphasized for exploring, prototyping and testing business models.
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October 18th, 2012
Nice brainstorming session with Pieter Kemps at Amazon Web Services, Singapore.
Pieter focuses on managing Amazon’s relations with the Venture Capital community in Asia and helping startups to better develop, market, and monetize their offerings.
Our discussion was about the so-called “Business models economics” and the possible business model pattern across e.g. SaaS, Mobile, e-commerce companies? And within that business models, what are the key metrics that impact Cost Structure & Revenue Streams?

During the conversation, he mentioned the interesting Amazon.com case study (slideshare) published by faberNovel (web), which gives some insights on Amazon’s business model.


Nice article in Fortune (December 2012) on “Jeff Bezos, The ultimate disrupter”, businessperson of the year (web).
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October 14th, 2012
“Plug-In@Blk71 is a joint initiative by NUS Enterprise, MDA [IDMPO] and Singtel Innov8 to aggregate a cluster of entrepreneurs for the purpose of creating a collaborative and synergistic community.


Managed by NUS Enterprise, Plug-In@Blk71 serves as a common platform where different stakeholders in a business venture can meet and be connected together to help accelerate the growth of young start-ups or even budding ideas”.
Organized by Ludmila Kopeikina and her team, 12 teams from NUS’ research labs delving in diverse research areas spent the weekend exploring potential market opportunities for their technologies. Their technology areas include battery technology to sensors for water contaminants, micro-needles to in-throat speech devices, mobile video technology to medical image processing.
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October 10th, 2012
A truly enjoyable book published last year by Luke Williams(fellow at frog design) ’Disrupt – Think the unthinkable”. The book is a guide defining the 5-stage “disrupt” process and the trigger questions for each stage, illustrated with many examples and a case study
(blog)
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October 8th, 2012
Talk by and meeting with Craig Mundie, Chief Research and Strategy Officer, Microsoft, at the NUS Lee Kuan Yew School of Public Policy (web).

He explained and illustrated that modern computing is characterized by seamless cloud connection, multi-device experience, natural interaction, works on your behalf, and social everywhere, supported by big data and machine learning. He emphasized the challenge for the policymakers to engage with information technology and “develop ways to blend the digital world to the physical world”.
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October 4th, 2012
Seminar at NUS Division of engineering and technology management (ETM), invited by Prof. Hang CC

Abstract
The seminar aims at learning about and applying a practical visual language to describe, challenge, and design business models. The seminar consists of a mix of practical activities, theories, and short examples that help the attendees better understand business model innovation by listening, seeing and doing themselves. The concepts will be illustrated by examples of business model innovation, such as Nespresso, SunEdison and Eight19. Design thinking attitude and customer development are also emphasized for exploring, prototyping and testing business models.
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October 3rd, 2012
Fruitful discussion on business models and open innovation with Wim Vanhaverbeke, prof. at Hasselt and ESADE, visting prof. at NUS this month (web). Together with Henry Chesbrough and Joel West, Wim co-authored the highly cited book Open Innovation: Researching a New Paradigm, Oxford University Press, 2006. More recently, he released a nice report on Open innovation in SMEs. In this report, he described the fascinating evolution of the Curana’s business model, a micro-company that is active in the bicycle accessory market.



He was also enthusiastic about the book published this year by Ron Adner “The Wide Lens: A New Strategy for Innovation”. The book defines the world of innovation ecosystems, in which the success of a value proposition depends on creating an alignment of key partners who work together. This notion of ecosystems has similarities with our concept of “multiple business models” such as portfolio of business models, value network or ecosystem of business models, triple bottom line business model (see previous post). I specially enjoyed the BetterPlace case, a company that develops and sells transportation infrastructure for supporting electric vehicles. (wikipedia).


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