The Best Business Model in the World - Umair Haque - HarvardBusiness.org - The Diigo Meta page

• 09 Nov 09
  

  Jimmy Breeze

  business innovation

• 28 Sep 09
  

  Des

  • 
    
    

    Business model innovation creates a kind of adverse selection. It offers a kind of insurance: if we can find more efficient ways to sell stuff, we don't have to make better stuff. When we invest in selling stuff better — instead of making better stuff — unsurprisingly, the stuff we make often turns into lemons.

  • he 90s and 00s have been full of companies churning out the same old lame, toxic junk and trying to sell it in new ways — instead of detoxifying it.
  • 3 more annotations...
  • • integrating into auto finance
    • created perverse incentives.

    • 
      
      

      The best example of business model adverse selection is hidden in plain sight: the financial crisis. Banks, insurance companies, and hedge funds decided that securitization was the business model innovation of the century.

• 17 Sep 09
  

  Lars Maier

  Haque

• 27 Jul 09
  

  Colin Henderson

  umair haque prezi business models channels product product development innovation

• 16 May 09
  

  Marc Buyens

  innovation Umair Haque

• 07 May 09
  

  Patrik Ugander

  Business Moddel on the internet

  Web Business tools

• 06 May 09
  

  Chuck Brands
• 02 May 09
  

  Jorge Acosta

  Análisis del autor respecto del énfasis actual sobre la innovación de los modelos de negocio en detrimento de la necesaria innovación de los productos. Analiza mediante casos ejemplo diversas industrias -la prensa enre ellas- y da algunas ideas para focal

  innovación modelos negocios transformación medios prensa

• 

  Swarna Srinivasan

  busin ess model product prezi presentation

  • That's what everyone who sees my BRITE presentation asks me. It's a new service called
    Prezi. And it's insanely
    great — the minute I saw it I had to have it, no questions asked. So, for the
    first time in half a decade, I found myself doing the unthinkable: paying for
    software.

  • Business model innovation creates a kind of adverse selection. It offers a kind
    of insurance: if we can find more efficient ways to sell stuff, we don't have to
    make better stuff. When we invest in selling stuff better — instead of making
    better stuff — unsurprisingly, the stuff we make often turns into lemons.
  • 1 more annotations...

  • • The best example of business model adverse selection is hidden in
      plain sight: the financial crisis. Banks, insurance companies, and
      hedge funds decided that securitization was the business model innovation of the
      century. Why did lemons dominate the market? When everyone could remix,
      repackage, and resell everything, the incentives for anyone to not produce toxic
      junk imploded. Business model innovation diluted the incentive for goodness.

• 

  Martin Weigert

  Umair Haque - HarvardBusiness.org
  

  best business geschäftsmodell model produkt produkte qualität

• 

  isaac Mao

  Prezi

  • The Best Business Model in the World

    
    

  • That's what everyone who sees my BRITE presentation asks me. It's a new service called Prezi. And it's insanely great — the minute I saw it I had to have it, no questions asked. So, for the first time in half a decade, I found myself doing the unthinkable: paying for software.

    
    
    

  • 1 more annotations...

  • • When you can make awesome stuff, you don't need to find "better" ways to sell it. The fundamental challenge of the 21st century isn't selling the same old lame, toxic junk in new ways: its detoxifying and dezombifying it, by learning how to make insanely great stuff in the first place.

      
      
      

• 01 May 09
  

  Don
• 

  Tyler Britt

  business model design marketing umairhaque innovation prezi

• 30 Apr 09
  

  Emmanuel Fan

  make stuff that's insanely great. Stuff that's insanely great does what Prezi does — amazes, enriches, and inspires. That kind of stuff doesn't need a hard sell, a new market, or a convoluted product range. It just needs to be.

  strategy marketing

• 

  Takuya Homma
  • Yet, the best business model in the world is also the simplest: make stuff that's insanely great. Stuff that's insanely great does what Prezi does — amazes, enriches, and inspires. That kind of stuff doesn't need a hard sell, a new market, or a convoluted product range. It just needs to be.
  • Business model innovation is often self-defeating and self-destructive. The real problem with business model innovation is that it dilutes the incentives to make good stuff in the first place. It lets boardrooms hide from the profound challenge of making insanely great stuff in the first place.
  • 3 more annotations...
  • • The 90s and 00s have been full of companies churning out the same old lame, toxic junk and trying to sell it in new ways — instead of detoxifying it. Consider Detroit: integrating into auto finance was a significant business model innovation. But it created perverse incentives. When Detroit could finance cars, it had a greater incentive to push volume and seek a purely financial cost advantage than it did to make insanely great cars in the first place. The lesson? Business model innovation dilutes the incentive to make stuff that's insanely great.
    • The best example of business model adverse selection is hidden in plain sight: the financial crisis. Banks, insurance companies, and hedge funds decided that securitization was the business model innovation of the century. Why did lemons dominate the market? When everyone could remix, repackage, and resell everything, the incentives for anyone to not produce toxic junk imploded. Business model innovation diluted the incentive for goodness.
    • When you can make awesome stuff, you don't need to find "better" ways to sell it. The fundamental challenge of the 21st century isn't selling the same old lame, toxic junk in new ways: its detoxifying and dezombifying it, by learning how to make insanely great stuff in the first place.

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