business model innovation
Innovation Workshop Held for William Demant Executive Team at Sutardja Center
The Sutardja Center was pleased to welcome the executive team from William Demant this week to our Innovation Collider space at the Cal Memorial Stadium. The custom workshop was focused on entrepreneurship and innovation in mature companies. William Demant, based in Denmark & founded in 1904, is a international leader in hearing healthcare. Today’s workshop offered a…
Is Your Data Strategy Working Hard Enough?
Every firm is under pressure to adapt and reinvent, and innovative firms know how to do this. Amazon started by selling retail products over the Internet, but later transformed to offer IT Cloud services as Amazon Web Services. Apple is a similar case — once only a computer company, it reinvented itself into a digital…
Business Model Innovation – Moving from Value Proposition to Value Extraction
The first step in building a successful start-up is developing the Value Proposition or creating a product or service that provides significant value and benefits to a target customer in addressing the need that they have. In order to build a successful business, the next step is to develop an approach for Value Extraction or…